Common use of De Minimis Adjustments Clause in Contracts

De Minimis Adjustments. No adjustment in the Exercise Price and number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least $0.05 in the Exercise Price; provided, however, that any adjustments which by reason of this Section 7(a)(iv) 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 full share.

Appears in 8 contracts

Samples: Warrant Agreement (Torchlight Energy Resources Inc), Warrant Agreement (Moradi David), Warrant Agreement (Torchlight Energy Resources Inc)

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De Minimis Adjustments. No adjustment in the Exercise Price and number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least $0.05 0.02 in the Exercise Price; provided, however, that any adjustments which by reason of this Section 7(a)(iv) 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 full share.

Appears in 8 contracts

Samples: Warrant Agreement (Ricks Cabaret International Inc), Warrant Agreement (Ricks Cabaret International Inc), Warrant Agreement (Ricks Cabaret International Inc)

De Minimis Adjustments. No adjustment in the Exercise Price and number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least $0.05 0.001 in the Exercise Price; provided, however, that any adjustments which by reason of this Section 7(a)(iv7(a)(iii) 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 full share.

Appears in 4 contracts

Samples: Warrant Agreement (Spirits Capital Corp), Warrant Agreement (Spirits Capital Corp), Warrant Agreement (La Rosa Holdings Corp.)

De Minimis Adjustments. No adjustment in the Exercise Price and number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least $0.05 0.001 in the Exercise Price; provided, however, that any adjustments which by reason of this Section 7(a)(iv) 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 full share.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Co-Diagnostics, Inc.), Securities Purchase Agreement (Co-Diagnostics, Inc.), Warrant Agreement (HyreCar Inc.)

De Minimis Adjustments. No adjustment in the Exercise ------------------------ Price and number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least $0.05 0.15 in the Exercise Price; provided, however, that any adjustments which by reason of this Section 7(a)(iv) 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 full share.

Appears in 2 contracts

Samples: Warrant Agreement (Petrosearch Energy Corp), Warrant Agreement (Petrosearch Energy Corp)

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De Minimis Adjustments. No adjustment in the Exercise Price and number of Warrant Shares Units purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least $0.05 in the Exercise Price; provided, however, that any adjustments which by reason of this Section 7(a)(iv) 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 full share.

Appears in 1 contract

Samples: Warrant Agreement (Torchlight Energy Resources Inc)

De Minimis Adjustments. No Except as provided in SECTION 8(c) with reference to adjustments required by such SECTION 8(c), no adjustment in the Exercise Price and number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require result in an increase or decrease of such Exercise Price by at least $0.05 in the Exercise Priceone percent (1%); providedPROVIDED, howeverHOWEVER, that any adjustments which by reason of this Section 7(a)(ivSECTION 8(h) 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 full one- thousandth of a share.

Appears in 1 contract

Samples: Merger Agreement (Imc Global Inc)

De Minimis Adjustments. No adjustment in the Exercise ------------------------ Price and number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least $0.05 0.02 in the Exercise Price; provided, however, that any adjustments which by reason of this Section 7(a)(iv) 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 full share.

Appears in 1 contract

Samples: Warrant Agreement (Petrosearch Energy Corp)

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