Notice of Adjustments; Change in Warrant Status. (a) Whenever the number of shares of Common Stock for which this Warrant is exercisable, or whenever the price at which a share of such Common Stock may be purchased upon exercise of the Warrants, shall be adjusted pursuant to Section 4, the Company shall forthwith prepare a certificate to be executed by the chief financial officer of the Company setting forth, in reasonable detail, the event requiring the adjustment and the method by which such adjustment was calculated (including a description of the basis on which the Board of Directors of the Company determined the Fair Market Value of any evidences of indebtedness, shares of stock, other securities or property or warrants or other subscription or purchase rights referred to in Section 4.4 or 4.9(a)), specifying the number
Appears in 2 contracts
Samples: Warrant Agreement (America Service Group Inc /De), Warrant Agreement (America Service Group Inc /De)
Notice of Adjustments; Change in Warrant Status. (a) Whenever the number of shares of Common Stock for which this Warrant is exercisable, or whenever the price at which a share of such Common Stock may be purchased upon exercise of the Warrants, shall be adjusted pursuant to Section 4, the Company shall forthwith prepare a certificate to be executed by the chief financial officer of the Company setting forth, in reasonable detail, the event requiring the adjustment and the method by which such adjustment was calculated (including a description of the basis on which the Board of Directors of the Company determined the Fair Market Value of any evidences of indebtedness, shares of stock, other securities or property or warrants or other subscription or purchase rights referred to in Section 4.4 or 4.9(a)), specifying the numbernumber of shares of Common Stock for which this Warrant is exercisable and (if such adjustment was made pursuant to Section 4.10 or 4.
Appears in 2 contracts
Samples: Warrant Agreement (America Service Group Inc /De), Warrant Agreement (America Service Group Inc /De)
Notice of Adjustments; Change in Warrant Status. (a) Whenever the number of shares of Common Stock for which this Warrant is exercisable, or whenever the price at which a share of such Common Stock may be purchased upon exercise of the Warrants, shall be adjusted pursuant to Section 2.1 or Section 4, the Company shall forthwith prepare a certificate to be executed by the chief financial officer of the Company setting forth, in reasonable detail, the event requiring the adjustment and the method by which such adjustment was calculated (including a description of the basis on which the Board of Directors of the Company determined the Fair Market Value of any evidences of indebtedness, shares of stock, other securities or property or warrants or other subscription or purchase rights referred to in Section 4.4 4.2 or 4.9(a4.7(a)), specifying the numbernumber of shares of Common Stock for which this Warrant is exercisable and (if such adjustment was made pursuant to Section 4.8 or 4.
Appears in 1 contract
Samples: Preferred Stock and Warrant Purchase Agreement (Netegrity Inc)