Adjustment for De Minimis Change. No adjustment in the number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least 1% in the number of Warrant Shares purchasable upon the exercise of each Warrant; provided, however, that any adjustments which by reason of this Section 3.02 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations shall be made to the nearest whole share, as the case may be, and no fractional shares shall be issued.
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Samples: Note Exchange Agreement (Dvi Inc), Note Exchange Agreement (Dvi Inc), Warrant Agreement (Hanover Compressor Co)
Adjustment for De Minimis Change. No adjustment in the number of Warrant -------------------------------- Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least 1% in the number of Warrant Shares purchasable upon the exercise of each Warrantwarrant; provided, however, -------- ------- that any adjustments which by reason of this Section 3.02 3.01 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations shall be made to the nearest whole one thousandth of a share, as the case may be, and no fractional shares shall be issued.
Appears in 1 contract
Adjustment for De Minimis Change. No adjustment in the -------------------------------- number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least 1% in the number of Warrant Shares purchasable upon the exercise of each Warrant; provided, however, that any adjustments which by reason of this Section 3.02 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations shall be made to the nearest whole share, as the case may be, and no fractional shares shall be issued.
Appears in 1 contract
Samples: Note Exchange Agreement (Dvi Inc)
Adjustment for De Minimis Change. No adjustment in the number of -------------------------------- Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least 1% in the number of Warrant Shares purchasable upon the exercise of each Warrantwarrant; provided, however, -------- ------- that any adjustments which by reason of this Section 3.02 3.01 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations shall be made to the nearest whole one thousandth of a share, as the case may be, and no fractional shares shall be issued.
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