Common use of Special Adjustments Clause in Contracts

Special Adjustments. (i) Prior to the earlier of a Qualified Investment or September 30, 2001, if the Company issues any warrants for warrant shares of identical classes as the Warrant Shares in connection with a loan to the Company (the "SUBSEQUENT WARRANTS") that provide for an exercise price per warrant share that is lower than the Exercise Price set forth in Section 1(d) herein, the Exercise Price will be reduced to the Exercise Price in such Subsequent Warrants. (ii) As described in the foregoing subsections of Section 1(e), the

Appears in 5 contracts

Samples: Warrant Agreement (World Commerce Online Inc), Warrant Agreement (World Commerce Online Inc), Warrant Agreement (World Commerce Online Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!