Common use of De Minimus Adjustments Clause in Contracts

De Minimus Adjustments. The adjustments required by this Section 5 shall be made whenever and as often as any specified event requiring an adjustment shall occur, except that no adjustment pursuant to Section 5.1, 5.3 or 5.4 hereof shall be required unless such adjustment would require an increase or decrease of at least $.10 in the Exercise Price then subject to adjustment; provided, however, that any adjustments that are not made by reason of this Section 5.6 shall be carried forward and (i) made as soon as such adjustment, together with other adjustments required by this Section 5 and not previously made, would result in an increase or decrease of at least $.10 in the Exercise Price as of the date of exercise, or (ii) made upon the date of exercise, in whole or in part, of the Warrant. In case the Company shall at any time issue Common Stock by way of dividend on any stock of the Company or split or otherwise subdivide or combine the outstanding shares of Common Stock, said amount of $.10 specified in the preceding sentence (as theretofore increased or decreased, if said amount shall have been adjusted in accordance with the provisions of this Section 5.6) shall forthwith be proportionately increased in the case of such a combination or decreased in the case of such a subdivision or stock dividend so as appropriately to reflect the same. All calculations under this Section 5 shall be made to the nearest hundredth of a cent.