Common use of Number of Shares; Exercise Price Clause in Contracts

Number of Shares; Exercise Price. The number of Shares of Common Stock which the Holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of Shares of Common Stock which would otherwise (but for the provisions of this Section 5) be issuable upon such exercise, as designated by the Holder hereof, by a fraction of which (i) the numerator is $.58594 and (ii) the denominator is the Exercise Price in effect on the date of such exercise. The Exercise Price shall be adjusted and readjusted from time to time as provided in this Section 5 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 5.

Appears in 3 contracts

Samples: Warrant Agreement (Acr Group Inc), Warrant Agreement (Acr Group Inc), Warrant Agreement (Acr Group Inc)

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Number of Shares; Exercise Price. The number of Shares of Common Stock which the Holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of Shares of Common Stock which would otherwise (but for the provisions of this Section 5) be issuable upon such exercise, as designated by the Holder hereof, by a fraction of which (i) the numerator is $.58594 1.00 and (ii) the denominator is the Exercise Price in effect on the date of such exercise. The Exercise Price shall be adjusted and readjusted from time to time as provided in this Section 5 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 5.

Appears in 2 contracts

Samples: Warrant Agreement (Gexa Corp), Warrant Agreement (Gexa Corp)

Number of Shares; Exercise Price. The number of Shares of Common Stock which the Holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of Shares of Common Stock which would otherwise (but for the provisions of this Section 5) be issuable upon such exercise, as designated by the Holder hereof, by a fraction of which (i) the numerator is $.58594 2.0562 and (ii) the denominator is the Exercise Price in effect on the date of such exercise. The Exercise Price shall be adjusted and readjusted from time to time as provided in this Section 5 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 5.

Appears in 2 contracts

Samples: Warrant Agreement (Acr Group Inc), Warrant Agreement (Acr Group Inc)

Number of Shares; Exercise Price. The number of Shares shares of Common -------------------------------- Stock which the Holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of Shares shares of Common Stock which would otherwise (but for the provisions of this Section 5) be issuable upon such exercise, as designated by the Holder hereof, by a fraction of which (ia) the numerator is $.58594 10.00 and (iib) the denominator is the Exercise Price in effect on the date of such exercise. The Exercise Price shall be adjusted and readjusted from time to time as provided in this Section 5 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 5.

Appears in 1 contract

Samples: Exchange Agreement (Tuboscope Vetco International Corp)

Number of Shares; Exercise Price. The number of Shares shares of Common Stock which the Holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of Shares shares of Common Stock which would otherwise (but for the provisions of this Section 5) be issuable upon such exercise, as designated by the Holder hereof, by a fraction of which (ia) the numerator is $.58594 10.00 and (iib) the denominator is the Exercise Price in effect on the date of such exercise. The Exercise Price shall be adjusted and readjusted from time to time as provided in this Section 5 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 5.

Appears in 1 contract

Samples: Exchange Agreement (Baker Hughes Inc)

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Number of Shares; Exercise Price. The number of Shares shares of Common Stock -------------------------------- which the Holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of Shares shares of Common Stock which would otherwise (but for the provisions of this Section 5) be issuable upon such exercise, as designated by the Holder hereof, by a fraction of which (ia) the numerator is $.58594 10.00 and (iib) the denominator is the Exercise Price in effect on the date of such exercise. The Exercise Price shall be adjusted and readjusted from time to time as provided in this Section 5 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 5.

Appears in 1 contract

Samples: Subscription Agreement (Tuboscope Vetco International Corp)

Number of Shares; Exercise Price. The number of Shares shares of Common Stock which the Holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of Shares shares of Common Stock which would otherwise (but for the provisions of this Section 5) be issuable upon such exercise, as designated by the Holder hereof, by a fraction of which (ia) the numerator is $.58594 the initial Exercise Price specified in the first paragraph of this Warrant and (iib) the denominator is the Exercise Price in effect on the date of such exercise. The Exercise Price shall be adjusted and readjusted from time to time as provided in this Section 5 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 5.

Appears in 1 contract

Samples: Master Warrant Agreement (Amedisys Inc)

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