Common use of No Adjustment of Exercise Price Clause in Contracts

No Adjustment of Exercise Price. No adjustments to the Exercise Price shall be made unless the consideration per share (determined pursuant to subsection 3(b)(v)) for an Additional Share of Common Stock issued or deemed to be issued by the Company is less than the Exercise Price in effect on the date of, and immediately prior to, the issue of such Additional Shares.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (Igi Inc), Warrant Agreement (Igi Inc), Common Stock Purchase Warrant (Igi Inc)

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No Adjustment of Exercise Price. No adjustments to the ------------------------------- Exercise Price shall be made unless the consideration per share (determined pursuant to subsection 3(b)(v)) for an Additional Share of Common Stock issued or deemed to be issued by the Company is less than the Exercise Price in effect on the date of, and immediately prior to, the issue of such Additional Shares.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Igi Inc), Common Stock Purchase Warrant (Igi Inc), Common Stock Purchase Warrant (Igi Inc)

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No Adjustment of Exercise Price. No adjustments to the Exercise ------------------------------- Price shall be made unless the consideration per share (determined pursuant to subsection 3(b)(v)) for an Additional Share of Common Stock issued or deemed to be issued by the Company is less than the Exercise Price in effect on the date of, and immediately prior to, the issue of such Additional Shares.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Igi Inc)

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