De Minimus Adjustments. No adjustment in the Conversion Price shall be required unless such adjustment would require an increase or decrease of at least 1% in such price; provided, however, that any adjustments which by reason of this Section 6.3(h) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article VI shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be. No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 4 contracts
Samples: Note Purchase Agreement (Emagin Corp), Emagin Corp, Emagin Corp
De Minimus Adjustments. No adjustment in the Conversion Price shall be required unless such adjustment would require an increase or decrease of at least 1% in such price; provided, however, that any adjustments which by reason of this Section 6.3(h6(c)(9) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article VI Section 6 shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be. No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 3 contracts
Samples: Purchase Agreement (Zix Corp), Purchase Agreement (Zix Corp), Zix Corp
De Minimus Adjustments. No adjustment in the Conversion Price shall be required unless such adjustment would require an increase or decrease of at least 1% in such price; provided, however, that any adjustments which by reason of this Section 6.3(h6.3(i) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article VI shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be. No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 2 contracts
Samples: Patent and Trademark Security Agreement (Emagin Corp), Emagin Corp
De Minimus Adjustments. No adjustment in the Conversion Price shall be required unless such adjustment would require an increase or decrease of at least 1% in such price; provided, however, that any adjustments which by reason of this Section 6.3(h10(c)(9) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article VI Section 10 shall be made by the Company Corporation and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be. No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 1 contract
Samples: Patent and Trademark Security Agreement (Emagin Corp)
De Minimus Adjustments. No adjustment in the Conversion Price shall be required unless such adjustment would require an increase or decrease of at least 1% in such price; providedPROVIDED, howeverHOWEVER, that any adjustments which by reason of this Section 6.3(h6(c)(10) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article VI Section 6 shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be. No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 1 contract
Samples: Purchase Agreement (Viragen Inc)
De Minimus Adjustments. No adjustment in the Conversion Price shall be required unless such adjustment would require an increase or decrease of at least 1% in such price; provided, however, that any adjustments which by reason of this Section 6.3(h6(c)(8) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article VI Section 6 shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be. No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 1 contract
Samples: Insmed Inc
De Minimus Adjustments. No adjustment in the Conversion Price shall be required unless such adjustment would require an increase or decrease of at least 1% in such price; provided, however, that any adjustments which by reason of this Section 6.3(h6(c)(10) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article VI Section 6 shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be. No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 1 contract
Samples: Viragen Inc