Common use of Weighted Average Adjustment Clause in Contracts

Weighted Average Adjustment. If the Company issues additional common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction:

Appears in 4 contracts

Samples: PepperBall Technologies, Inc., PepperBall Technologies, Inc., PepperBall Technologies, Inc.

AutoNDA by SimpleDocs

Weighted Average Adjustment. If the Company issues additional --------------------------- common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue issue, the Warrant Price shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction:.

Appears in 4 contracts

Samples: Intellisys Group Inc, Intellisys Group Inc, Intellisys Group Inc

Weighted Average Adjustment. If the Company issues additional common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue issue, then the applicable Warrant Price shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction:

Appears in 2 contracts

Samples: Sysview Technology, Inc., Sysview Technology, Inc.

Weighted Average Adjustment. If the Company issues additional --------------------------- common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue issue, the Warrant Price shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction:

Appears in 1 contract

Samples: Intellisys Group Inc

AutoNDA by SimpleDocs

Weighted Average Adjustment. If the Company issues additional common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share shares is less than the Warrant Price in effect immediately before such issue shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction:

Appears in 1 contract

Samples: Freeshop Com Inc

Weighted Average Adjustment. If the Company issues additional common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue issue, after giving effect to any adjustment in the Warrant Price in accordance with the first two paragraphs of this Warrant, the Warrant Price shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction:

Appears in 1 contract

Samples: North American Scientific Inc

Time is Money Join Law Insider Premium to draft better contracts faster.