Common use of Warrant Shares Number Clause in Contracts

Warrant Shares Number. If any event shall occur that results in any adjustment to the Exercise Price pursuant to this Section 4, then the Warrant Shares Number, as in effect immediately prior to such event, shall be adjusted such that the product of (a) the Exercise Price (as adjusted), times (b) the Warrant Shares Number (as adjusted), in each case in effect immediately following such event shall equal the product of (i) the Exercise Price, times (b) the Warrant Shares Number, in each case in effect immediately prior to such event.

Appears in 7 contracts

Samples: Stockholders Agreement (General Devices Inc), General Devices Inc, General Devices Inc

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Warrant Shares Number. If any event shall occur that results in any adjustment to the Exercise Price pursuant to this Section 45, then the Warrant Shares Number, as in effect immediately prior to such event, shall be adjusted such that the product of (a) the Exercise Price (as adjusted), times (b) the Warrant Shares Number (as adjusted), in each case in effect immediately following such event shall equal the product of (i) the Exercise Price, times (b) the Warrant Shares Number, in each case in effect immediately prior to such event.

Appears in 7 contracts

Samples: Stockholders Agreement (General Devices Inc), General Devices Inc, General Devices Inc

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