Warrant Adjustments Sample Clauses
A Warrant Adjustments clause defines how the terms of outstanding warrants are modified in response to certain corporate actions or events. Typically, this clause outlines adjustments to the exercise price or the number of shares purchasable under the warrant if events such as stock splits, mergers, or dividends occur. Its core function is to ensure that warrant holders are not unfairly diluted or disadvantaged by changes in the company’s capital structure, thereby maintaining the economic value of their warrants.
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Warrant Adjustments. The Warrant Price and the number of shares purchasable upon exercise of this Warrant shall be subject to adjustment with respect to events after the date hereof as follows:
Warrant Adjustments. The Exercise Amount shall be subject to adjustments, calculated by the Company (written notice of which promptly shall be provided to the Warrant Agent as provided in Section 4.4, until receipt of which the Warrant Agent shall be fully protected in assuming that no adjustment has been made), from time to time as follows:
Warrant Adjustments. (a) In the event that the Company distributes bonus shares during the exercise period of the Warrants, the number of shares resulting from the exercise of the Warrants shall increase or decrease by the number of shares the Warrantholder would have been entitled to receive as bonus shares, had he exercised the Warrants by the last TASE trading day prior to the ex- date. The aggregate exercise price of the warrants shall not change as a result of such adjustment.
(b) In the event the Company shall, at any time or from time to time after the date hereof and prior to the applicable Expiration Date, subdivide or combine the outstanding Ordinary Shares into a greater or lesser number of shares (any such subdivision or combination being herein called a "Change of Shares"), then, and thereafter upon each further Change of Shares, the Exercise Price shall be adjusted to a price equal to the Exercise Price in effect immediately prior to the Change of Shares multiplied by a fraction, the numerator of which shall be the total number of Ordinary Shares outstanding immediately prior to the Change of Shares and the denominator of which shall be the total number of Ordinary Shares outstanding immediately after the Change of Shares. Upon each such adjustment of the Exercise Price, the number of shares purchasable upon exercise of each Warrant shall be proportionately adjusted such that the aggregate consideration payable upon full exercise of such Warrant remains the same immediately before and after the adjustment.
(c) In the event that the Company shall, at any time or from time to time after the date hereof and prior to the applicable Expiration Date, distribute to all of the holders of Ordinary Shares rights to purchase any type of the Company’s securities (“Rights Offering”), no change shall be made in the Exercise Price or number of shares issuable upon exercise of the Warrants and, instead, each holder of Warrants who holds such Warrants on the date of determination of shareholders eligible to participate in the Rights Offering shall be afforded an opportunity to participate in the Rights Offering on the same terms, mutatis mutandis, as a holder of the number of Ordinary Shares purchasable upon full exercise of the Warrants held by such holder on such date.
(d) In the event that the Company shall, at any time or from time to time after the date hereof and prior to the applicable Expiration Date, distribute dividends (other than a Bonus Share Distribution) to all of ...
Warrant Adjustments. The Warrant Price and the number of shares purchasable upon exercise of a Warrant shall be subject to adjustment as follows:
Warrant Adjustments. Warrant and the Warrant Exercise Price shall be subject to adjustment from time to time upon the occurrence of certain events as follows:
Warrant Adjustments. Unless the applicable prospectus supplements state otherwise, the exercise price of, and the number of securities covered by, a Common Stock Warrant or Preferred Stock warrant will be adjusted proportionately if we subdivide or combine our Common Stock or Preferred Stock, as applicable. In addition, unless the prospectus supplements state otherwise, if we, without payment therefor: • issue capital stock or other securities convertible into or exchangeable for Common Stock or Preferred Stock, or any rights to subscribe for, purchase or otherwise acquire any of the foregoing, as a dividend or distribution to holders of our Common Stock or Preferred Stock; • pay any cash to holders of our Common Stock or Preferred Stock other than a cash dividend paid out of our current or retained earnings or other than in accordance with the terms of the Preferred Stock; • issue any evidence of our indebtedness or rights to subscribe for or purchase our indebtedness to holders of our Common Stock or Preferred Stock; or • issue Common Stock or Preferred Stock or additional stock or other securities or property to holders of our Common Stock or Preferred Stock by way of spinoff, split-up, reclassification, combination of shares or similar corporate rearrangement; then the holders of Common Stock warrants and Preferred Stock warrants, as applicable, will be entitled to receive upon exercise of the warrants, in addition to the securities otherwise receivable upon exercise of the warrants and without paying any additional consideration, the amount of stock and other securities and property such holders would have been entitled to receive had they held the Common Stock or Preferred Stock, as applicable, issuable under the warrants on the dates on which holders of those securities received or became entitled to receive such additional stock and other securities and property. Except as stated above, the exercise price and number of securities covered by a Common Stock warrant or Preferred Stock warrant, and the amounts of other securities or property to be received, if any, upon exercise of those warrants, will not be adjusted or provided for if we issue those securities or any securities convertible into or exchangeable for those securities, or securities carrying the right to purchase those securities or securities convertible into or exchangeable for those securities. Holders of Common Stock warrants and Preferred Stock warrants may have additional rights under the following cir...
Warrant Adjustments. 15 Section 4.2 Merger, Consolidation, Sale, Transfer or Conveyance...................21
Warrant Adjustments. The Exercise Price and the number of shares purchasable upon exercise of a Warrant shall be subject to adjustment as follows:
Warrant Adjustments. The exercise prices for each PC Mall Adjusted Warrant and eCOST Warrant will be determined as follows:
Warrant Adjustments. The Exercise Price and the number of shares purchasable upon exercise of the B Warrant Agreement shall be subject to adjustment with respect to events after the date hereof as follows:
