Common use of Accountant's Certificate of Adjustment Clause in Contracts

Accountant's Certificate of Adjustment. In each case of an adjustment or readjustment of the Minimum Company Value or the number of shares of Common Stock or other securities issuable upon exercise of the Warrant, the Company shall compute such adjustment or readjustment in accordance herewith and prepare a certificate showing such adjustment or readjustment, and shall mail such certificate, by first class mail, postage prepaid, to the registered holder hereof at the holder's address as shown in the Company's books. The certificate shall set forth such adjustment or readjustment, describing in detail the facts upon which such adjustment or readjustment is based including a statement of the Minimum Company Value at the time in effect, and the number of additional shares of Common Stock and the type and amount, if any, of other property which at the time would be received upon exercise of the Warrant.

Accountant's Certificate of Adjustment. In each case of an adjustment or readjustment of the Minimum Company Value value or the number of shares of Common Stock or other securities issuable upon exercise of the Warrant, the Company shall compute such adjustment or readjustment in accordance herewith and prepare a certificate showing such adjustment or readjustment, and shall mail such certificate, by first class mail, postage prepaid, to the registered holder hereof at the holder's address as shown in the Company's books. The certificate shall set forth such adjustment or readjustment, describing in detail the facts upon which such adjustment or readjustment is based including a statement of the Minimum Company Value at the time in effect, and the number of additional shares of Common Stock and the type and amount, if any, of other property which at the time would be received upon exercise of the Warrant.

Accountant's Certificate of Adjustment. In each case of an adjustment or readjustment of the Minimum MinimUm Company Value or the number of shares of Common Stock or other securities issuable upon exercise of the Warrant, the Company shall compute such adjustment or readjustment in accordance herewith and prepare a certificate showing such adjustment or readjustment, and shall mail such certificate, by first class mail, postage prepaid, to the registered holder hereof at the holder's address as shown in the Company's books. The certificate shall set forth such adjustment or readjustment, describing in detail the facts upon which such adjustment or readjustment is based including a statement of the Minimum Company Value at the time in effect, and the number of additional shares of Common Stock and the type and amount, if any, of other property which at the time would be received upon exercise of the Warrant.