Warrant Price; Adjustments. Subject and pursuant to the provisions of this Section 8, the Warrant Price shall be determined, and the Warrant Price and number of Warrant Shares subject to this Warrant shall be subject to adjustment from time to time, as set forth hereinafter.
(a) On each date this Warrant is exercised pursuant to the terms hereof, the Warrant Price per Warrant Share shall be determined as set forth in Exhibit A (as such dollar amount per share may be adjusted pursuant to this Section 8, the “Warrant Price”).
(b) If the Company shall, at any time or from time to time while this Warrant is outstanding, pay a dividend or make a distribution on its Common Shares in Common Shares, subdivide its issued and outstanding Common Shares into a greater number of shares or combine its issued and outstanding Common Shares into a smaller number of shares or issue by reclassification of its issued and outstanding Common Shares any of its share capital (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing company), then the number of Warrant Shares purchasable upon exercise of this Warrant shall be adjusted by multiplying the number of Warrant Shares purchasable upon exercise of this Warrant immediately prior to (but not including) the date on which such change shall become effective by a fraction, the numerator of which is shall be the number of Common Shares outstanding immediately after giving effect to such change and the denominator of which shall be the number of Common Shares outstanding immediately prior to such change. Such adjustments shall be made successively whenever any event listed above shall occur.
(c) If any (i) capital reorganization or reclassification of the share capital of the Company, (ii) consolidation, amalgamation or merger of the Company with another company in which the Company is not the survivor, (iii) sale, transfer or other disposition of all or substantially all of the Company’s assets to another company or (iv) purchase offer, tender offer or exchange offer pursuant to which holders of Common Shares are permitted to sell, tender or exchange their shares for other shares, securities or assets and such offer has been accepted by the holders of more than 50% of the outstanding Common Shares (each a “Fundamental Transaction”), shall be effected, then, as a condition of such Fundamental Transaction, lawful and adequate provision shall be made whereby each Warrantholder shall thereafter hav...
Warrant Price; Adjustments. In the event of changes in the outstanding Common Stock by reason of stock dividends, split-ups, recapitalizations, reclassifications, mergers, consolidations, combinations or exchanges of shares, separations, reorganizations, liquidations, or the like, the number and class of shares available under the Warrant in the aggregate and the Warrant Price shall be correspondingly adjusted, as appropriate, by the Board of Directors of the Company. The adjustment shall be such as to give the Holder of this Warrant upon exercise for the same aggregate Warrant Price the total number, class and kind of shares as it would have owned had the Warrant been exercised prior to the event and had it continued to hold such shares until after the event requiring adjustment.
Warrant Price; Adjustments. The Warrant Price shall be subject to adjustment from time to time as follows:
(i) (A) In the event the Issuer shall issue or sell any Additional Shares of Common Stock (otherwise than as provided in Sections 4(a) through (c)), at a price per share less than the Exercise Price then in effect, or without consideration, then the Exercise Price upon each such issuance shall be reduced to a price equal to the consideration per share paid (if any) for such Additional Shares of Common Stock.
Warrant Price; Adjustments. The Exercise Price and the number of Warrant Shares issuable upon the exercise of each Warrant (the "Exercise Rate") are subject to adjustment from time to time as set forth in this Sec- tion 11.
Warrant Price; Adjustments. (i) The warrant price at which Class A Common Stock shall be purchasable upon the exercise of the Warrants shall be
Warrant Price; Adjustments. (a) The price at which Common Stock shall be purchasable upon exercise of Warrants at any time after the Common Stock and Warrants become separately tradable until _______________, 2003 shall be $7.80 per share of Common Stock (hereinafter called the "Warrant Price") or, if adjusted as provided in this Section, shall be such price as so adjusted. The Common Stock and Warrants shall become separately tradable on _______________, 1999, unless earlier separated upon ten days prior written notice from Tejas Securities Group, Inc., a Representative of the Underwriters, to the Company.
Warrant Price; Adjustments. (a) The warrant price at which Common Stock shall be purchasable upon the exercise of the Warrants shall be $5.00 per share or after adjustment, as provided in this Section, shall be such price as so adjusted (the "Warrant Price").
(b) The Warrant Price shall be subject to adjustment from time to time as follows:
(i) In case the Company shall at any time after the date hereof pay a dividend in shares of Common Stock or make a distribution in shares of Common Stock, then upon such dividend or distribution the Warrant Price in effect immediately prior to such dividend or distribution shall forthwith be reduced to a price determined by dividing: (A) an amount equal to the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution multiplied by the Warrant Price in effect immediately prior to such dividend or distribution, by
Warrant Price; Adjustments. A. The warrant price per share at which Shares shall be purchasable upon exercise of Warrants (herein called the “warrant exercise price”) to and including the expiration date (unless the expiration date is extended as provided below in this §9A) shall be $ per share[, or, if adjusted as provided in this Section, shall be such price as so adjusted]. The Warrants will not be exercisable prior to [the close of business on the date of any initial issuance thereof] [ ] and will expire at 5:00 p.m., New York City time, on the expiration date; provided that the Company reserves the right to, and may, in its sole discretion, at any time and from time to time, at such time or times as the Company so determines, extend the expiration date of the Warrants for such periods of time as it chooses; further provided that in no case may the expiration date of the Warrants (as extended) be extended beyond five years from the expiration date set forth above. Whenever the expiration date of the Warrants is so extended, the Company shall at least 20 days prior to the then expiration date cause to be mailed to the Warrant Agent and the registered holders of the Warrants in accordance with the provisions of §17 hereof a notice stating that the expiration date has been extended and setting forth the new expiration date.
Warrant Price; Adjustments. 5 Section 10.
Warrant Price; Adjustments. 4 SECTION 10. NOTICE TO WARRANT HOLDERS. . . . . . . . . . . . . . . . . . . . . . . 10
