Common use of Computation of Adjustment Clause in Contracts

Computation of Adjustment. If any adjustment to the number of shares of Common Stock issuable upon the exercise of each Warrant or any adjustment to the Exercise Price is required pursuant to Section 6 hereof, the number of shares of Common Stock issuable upon exercise of each Warrant or the Exercise Price shall be rounded up to the nearest 1/100th cent or 1/100th Share, as appropriate.

Appears in 7 contracts

Samples: Warrant Agreement (Material Technologies Inc /Ca/), Warrant Agreement (Material Technologies Inc /Ca/), Warrant Agreement (Material Technologies Inc /Ca/)

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Computation of Adjustment. If any adjustment to the number of shares of Common Stock issuable upon the exercise of each Warrant or any adjustment to the Exercise Price is required pursuant to Section 6 hereof, the number of shares of Common Stock issuable upon exercise of each Warrant or the Exercise Price shall be rounded up to the nearest 1/100th 1/10th cent or 1/100th Share, as appropriate.

Appears in 3 contracts

Samples: Warrant Agreement (Guez Paul), Warrant Agreement (Harvey Entertainment Co), Warrant Agreement (Harvey Entertainment Co)

Computation of Adjustment. If any adjustment to the number of shares of Common Stock issuable upon the exercise of each Warrant or any adjustment to the Exercise Price is required pursuant to Section 6 hereof, the number of shares of Common Stock issuable upon ---------- exercise of each Warrant or the Exercise Price shall be rounded up to the nearest 1/100th cent or 1/100th Share, as appropriate.

Appears in 1 contract

Samples: Warrant Agreement (Biostem, Inc.)

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Computation of Adjustment. If any adjustment to the number of shares of Common Stock issuable upon the exercise of each Warrant or any adjustment to the Exercise Price is required pursuant to Section 6 hereof, --------- the number of shares of Common Stock issuable upon exercise of each Warrant or the Exercise Price shall be rounded up to the nearest 1/100th cent or 1/100th Share, as appropriate.

Appears in 1 contract

Samples: Warrant Agreement (National Parking Systems, Inc.)

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