Warrant Shares Number. If any event shall occur that results in any adjustment to the Exercise Price pursuant to this Section 5, 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: Warrant Agreement (General Devices Inc), Warrant Agreement (General Devices Inc), Securities Purchase Agreement (General Devices Inc)
Warrant Shares Number. If any event shall occur that results in any adjustment to the Exercise Price pursuant to this Section 54, 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: Securities Purchase Agreement (General Devices Inc), Warrant Agreement (General Devices Inc), Warrant Agreement (General Devices Inc)
