Common use of Accountants' Report as to Adjustments Clause in Contracts

Accountants' Report as to Adjustments. In each case of any adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable upon the exercise of the Warrants, the Company at its expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants and cause independent public accountants of recognized national standing selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section 2) on account thereof. The Company will forthwith mail a copy of each such report to each holder of a Warrant and will, upon the written request at any time of any holder of a Warrant, furnish to such holder a like report setting forth the Warrant Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office and will cause the same to be available for inspection at such office during normal business hours by any holder of a Warrant or any prospective purchaser of a Warrant designated by the holder thereof.

Accountants' Report as to Adjustments. In each case of any ------------------------------------- adjustment or readjustment in the shares of Common Warrant Stock (or Other Securities) issuable upon the exercise of the Warrants, the Company at its expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants and cause independent public accountants of recognized national standing selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Exercise Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section 2) on account thereof. The Company will forthwith mail a copy of each such report to each holder of a Warrant and will, upon the written request at any time of any holder Holder of a Warrant, furnish to such holder Holder a like report setting forth the Warrant Exercise Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office and will cause the same to be available for inspection at such office during normal business hours by any holder Holder of a Warrant or any prospective purchaser of a Warrant designated by the holder Holder thereof.

Accountants' Report as to Adjustments. In each case of any adjustment or readjustment in to the shares of Common Stock (or Other Securities) issuable upon the exercise of the WarrantsWarrant, the Company at its expense will shall promptly compute such adjustment or readjustment in accordance with the terms of the Warrants Warrant and cause independent public accountants of recognized national standing selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Price in effect immediately prior to such issue issuance or sale and as adjusted and readjusted (if required by section Section 2) on account thereof. The Company will shall forthwith mail a copy of each such report to each holder of a Warrant Holder and willshall, upon the written request at any time of any holder of a WarrantHolder, furnish to such holder Holder a like report setting forth the Warrant Price at the time in effect and showing in reasonable detail how it was calculated. The Company will shall also keep copies of all such reports at its principal office and will shall cause the same to be available for inspection at such office during normal business hours by any holder of a Warrant Holder or any prospective purchaser of a Warrant designated by the holder thereofHolder.

Accountants' Report as to Adjustments. In each case of any ------------------------------------- adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable upon the exercise of the Warrantsthis Warrant, the Company at its expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants this Warrant and cause independent public accountants of recognized national standing selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Purchase Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section 2paragraph 3) on account thereof. The Company will forthwith mail a copy of each such report to each the holder of a this Warrant and will, upon the written request at any time of any holder of a this Warrant, furnish to each such holder a like report setting forth the Warrant Purchase Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office and will cause the same to be available for inspection at such office during normal business hours by any the holder or holders of a this Warrant or any prospective purchaser of a this Warrant designated by the holder or holders thereof.

Accountants' Report as to Adjustments. In each case of any adjustment or readjustment ------------------------------------- in the shares of Common Stock (or Other Securities) issuable upon the exercise of the Warrantsthis Warrant, the Company at its expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants this Warrant and cause independent public accountants of recognized national standing selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Purchase Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section 2paragraph 3) on account thereof. The Company will forthwith mail a copy of each such report to each the holder of a this Warrant and will, upon the written request at any time of any holder of a this Warrant, furnish to each such holder a like report setting forth the Warrant Purchase Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office and will cause the same to be available for inspection at such office during normal business hours by any the holder or holders of a this Warrant or any prospective purchaser of a this Warrant designated by the holder or holders thereof.

Accountants' Report as to Adjustments. In each case of any adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable upon the exercise of the Warrantsthis Warrant, the Company at its expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants this Warrant and cause independent certified public accountants of recognized national standing (such firm to be subject to the approval of The Holder) selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section 2) on account thereof. The Company will forthwith mail a copy of each such report to each holder of a Warrant The Holder and will, upon the written request at any time of any holder of a Warrantthe Holder, furnish to such holder the Holder a like report setting forth the Warrant Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office and will cause the same to be available for inspection at such office during normal business hours by any holder of a Warrant The Holder or any prospective purchaser of a Warrant designated by the holder thereof.

Accountants' Report as to Adjustments. In each case of any adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable upon the exercise of the Warrantsthis Warrant, the Company at its expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants this Warrant and cause independent certified public accountants of recognized national standing (such firm to be subject to the approval of the Holder) selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section 2) on account thereof. The Company will forthwith mail a copy of each such report to each holder of a Warrant the Holder and will, upon the written request at any time of any holder of a Warrantthe Holder, furnish to such holder the Holder a like report setting forth the Warrant Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office and will cause the same to be available for inspection at such office during normal business hours by any holder of a Warrant the Holder or any prospective purchaser of a Warrant designated by the holder thereof.

Accountants' Report as to Adjustments. In each case of any adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable upon the exercise of the Warrantsthis Warrant, the Company at its sole expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants this Warrant and cause independent certified public accountants of recognized national standing selected by the Company (which may be the regular auditors of the Company) selected by the Company to verify such computation and (other than (i) any computation of the fair market value of property or (ii) any determination of Market Price, both as determined in good faith by the Board of Directors of the Company) and, in connection with the preparation of the Company’s quarterly financial statements prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section 2Section 2 hereof) on account thereof. The Company will forthwith mail a copy of each such report to each holder of a Warrant and will, upon the written request at any time of any holder of a Warrant, furnish to such holder a like report setting forth the Warrant Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office maintained pursuant to Section 13.2(a) hereof and will cause the same to be available for inspection at such office during normal business hours by any holder of a Warrant or any prospective purchaser of a Warrant designated by the holder thereof.

Accountants' Report as to Adjustments. In each case of any adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable upon the exercise of the Warrantsthis Warrant, the Company at its expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants this Warrant and cause independent certified public accountants of recognized national standing (such firm to be subject to the approval of TSA) selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section 2) on account thereof. The Company will forthwith mail a copy of each such report to each holder of a Warrant and will, upon the written request at any time of any holder of a Warrant, furnish to such holder a like report setting forth the Warrant Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office and will cause the same to be available for inspection at such office during normal business hours by any holder of a Warrant or any prospective purchaser of a Warrant designated by the holder thereof.

Accountants' Report as to Adjustments. In each the case of any adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable upon the exercise of the Warrants, the Company at its expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants and cause independent public accountants of recognized national standing selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (a) the consideration received or to be received by the Company for any Additional Shares of Common Stock issued or sold or deemed to have been issued, (b) the number of shares of Common Stock outstanding or deemed to be outstanding, and (c) the Warrant Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section Section 2) on account thereof. The Company will forthwith mail a copy of each such report to each holder of a Warrant Warrant, and will, upon the written request at any time of any holder of a Warrant, furnish to such holder a like report setting forth the Warrant Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office and at the office or agency maintained by the Company pursuant to Section 12, and will cause the same to be available for inspection at such office offices during normal business hours by any holder of a Warrant or any prospective purchaser of a Warrant designated by the holder thereof.

Accountants' Report as to Adjustments. In each case of any adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable upon the exercise of the Warrantsthis Warrant, the Company at its expense will promptly compute such adjustment or readjustment in accordance with the terms of the Warrants this Warrant and cause independent certified public accountants of recognized national standing (such firm to be subject to the approval of the Holder) selected by the Company (which may be the regular auditors of the Company) to verify such computation and prepare a report setting forth such adjustment or readjustment and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment or readjustment is based, including without limitation a statement of (aA) the consideration received or to be received by the Company for any Additional Shares of Common Stock issued or sold or deemed to have been issued, (bB) the number of shares of Common Stock outstanding or deemed to be outstanding, and (cC) the Warrant Price in effect immediately prior to such issue or sale and as adjusted and readjusted (if required by section 2) on account thereof. The Company will forthwith mail a copy of each such report to each holder of a Warrant the Holder and will, upon the written request at any time of any holder of a Warrantthe Holder, furnish to such holder the Holder a like report setting forth the Warrant Price at the time in effect and showing in reasonable detail how it was calculated. The Company will also keep copies of all such reports at its principal office and will cause the same to be available for inspection at such office during normal business hours by any holder of a Warrant the Holder or any prospective purchaser of a Warrant designated by the holder thereof.