Common use of De Minimis Adjustments Clause in Contracts

De Minimis Adjustments. No adjustment in the number of Common Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in the number of Common Shares purchasable upon the exercise of each Warrant; PROVIDED, HOWEVER, that any adjustments which by reason of this Section 4.1(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 one-thousandth of a share.

Appears in 6 contracts

Samples: Warrant Agreement (KMC Telecom Holdings Inc), Warrant Agreement (KMC Telecom Holdings Inc), Warrant Agreement (KMC Telecom Holdings Inc)

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De Minimis Adjustments. No adjustment in the number of Common Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in the number of Common Shares purchasable upon the exercise of each Warrant; PROVIDEDprovided, HOWEVERhowever, that any adjustments which by reason of this Section 4.1(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 one-thousandth of a share.

Appears in 3 contracts

Samples: Warrant Agreement (Orionnet Finance Corp), Warrant Agreement (Long Distance International Inc), Warrant Agreement (KMC Telecom Holdings Inc)

De Minimis Adjustments. No adjustment in the number of Common ---------------------- Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in the number of Common Shares purchasable upon the exercise of each Warrant; PROVIDEDprovided, HOWEVERhowever, that any adjustments which by reason of this Section 4.1(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 one-thousandth of a share.

Appears in 3 contracts

Samples: Warrant Agreement (Diva Systems Corp), Warrant Agreement (TVN Entertainment Corp), Warrant Agreement (Scovill Holdings Inc)

De Minimis Adjustments. No adjustment in the number of Common Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in the number of Common Shares purchasable upon the exercise of each Warrant; PROVIDEDprovided, HOWEVERhowever, that any adjustments which by reason of this Section 4.1(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 one-thousandth ten-billionth of a share.

Appears in 2 contracts

Samples: Warrant Agreement (Allegiance Telecom Inc), Warrant Agreement (Healthsouth Corp)

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De Minimis Adjustments. No adjustment in the number of Common ---------------------- Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in the number of Common Shares purchasable upon the exercise of each Warrant; PROVIDEDprovided, HOWEVERhowever, that any adjustments which by reason of this Section 4.1(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 one-thousandth ten-billionth of a share.

Appears in 1 contract

Samples: Warrant Agreement (Exide Corp)

De Minimis Adjustments. No adjustment in the number of Common ---------------------- Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in the number of Common Shares purchasable upon the exercise of each Warrant; PROVIDEDprovided, HOWEVERhowever, that any adjustments which by reason of this Section 4.1(h4.1(d) 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 one-thousandth of a share.

Appears in 1 contract

Samples: Warrant Agreement (Loudcloud Inc)

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