Common use of Whenever the Exercise Price Clause in Contracts

Whenever the Exercise Price. payable upon exercise of each Warrant is adjusted pursuant to paragraphs (a) or (b) of this Section 3.01, the Warrant Shares shall simultaneously be adjusted by multiplying the number of Warrant Shares then issuable upon exercise of each Warrant by the Exercise Price in effect on the date thereof and dividing the product so obtained by the Exercise Price as adjusted.

Appears in 3 contracts

Samples: Stock and Warrant Purchase Agreement (Alliance Pharmaceutical Corp), Warrant Agreement (Alliance Pharmaceutical Corp), Warrant Agreement (Alliance Pharmaceutical Corp)

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Whenever the Exercise Price. payable upon exercise of each Warrant is adjusted pursuant to paragraphs Subsections (a1), (2), (3), (4) or and (b5) above, the number of Shares purchasable upon exercise of this Section 3.01, the Warrant Shares shall simultaneously be adjusted by multiplying the number of Warrant Shares then initially issuable upon exercise of each this Warrant by the Exercise Price in effect on the date thereof hereof and dividing the product so obtained by the Exercise Price Price, as adjusted.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Iat Multimedia Inc), Stock Purchase Warrant (Whitman Medical Corp)

Whenever the Exercise Price. Per Share payable upon exercise of each this Warrant is adjusted pursuant to paragraphs (a) or (b) of this Section 3.01SECTION 3.01(A), the number of Warrant Shares purchasable hereunder shall simultaneously be adjusted by multiplying the number of Warrant Shares then issuable upon exercise of each this Warrant immediately prior to the event giving rise to such adjustment by the Exercise Price Per Share in effect on the date thereof and dividing the product so obtained by the Exercise Price Per Share, as adjusted.

Appears in 1 contract

Samples: Warrant Agreement (Hearst Corp)

Whenever the Exercise Price. payable upon exercise of each Warrant is adjusted pursuant to one or more of paragraphs (a) or ), (b) and (c) of this Section 3.01, the Warrant Shares shall simultaneously be adjusted by multiplying the number of Warrant Shares then initially issuable upon exercise of each Warrant by the Exercise Price in effect on immediately prior to the date thereof and dividing the product so obtained by the Exercise Price Price, as adjusted.

Appears in 1 contract

Samples: Warrant Agreement (Family Golf Centers Inc)

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Whenever the Exercise Price. payable upon exercise of each this Warrant is adjusted pursuant to paragraphs subsection (a) or (b) above, the number of Warrant Shares issuable upon exercise of this Section 3.01, the Warrant Shares shall simultaneously be adjusted by multiplying the number of Warrant Shares then theretofore issuable upon exercise of each this Warrant by the Exercise Price in effect on the date thereof hereof and dividing the product so obtained by the Exercise Price Price, as adjusted.

Appears in 1 contract

Samples: Note Purchase Agreement (Small World Kids Inc)

Whenever the Exercise Price. payable upon exercise of each Warrant is adjusted pursuant to paragraphs Subsection (a1) or (b) above, the number of shares of Common Stock purchasable upon exercise of this Section 3.01, the Warrant Shares shall simultaneously be adjusted by multiplying the number of Warrant Shares then initially issuable upon exercise of each this Warrant by the Exercise Price in effect on the date thereof hereof and dividing the product so obtained by the Exercise Price Price, as adjusted.

Appears in 1 contract

Samples: Lease Agreement (Microtel International Inc)

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