De Minimis Adjustments. Except as hereinafter provided, no adjustment of the Conversion Price hereunder shall be made if such adjustment results in a change of less than 1% in the Conversion Price then in effect. Any adjustment of less than 1% in the Conversion Price then in effect shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, together with adjustment or adjustments so carried forward, amounts to 1% or more of the Conversion Price then in existence.
Appears in 10 contracts
Samples: Indenture (Franks Nursery & Crafts Inc), Zam Holdings L P, Kmart Holding Corp
