Common use of Deferral of Certain Adjustments Clause in Contracts

Deferral of Certain Adjustments. No adjustment to the Underlying Share Purchase Price (including the related adjustment to the number of Underlying Shares) shall be required hereunder unless such adjustment, together with other adjustments carried forward as provided below, would result in an increase or decrease of at least one percent of the Underlying Share Purchase Price; provided that any adjustments which by reason of this paragraph (i) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. No adjustment need be made for a change in the par value of the Common Stock. All calculations under this Section 4 shall be made to the nearest 1/1,000 of one cent or to the nearest 1/1000 of a share, as the case may be.

Appears in 2 contracts

Samples: Managing Underwriters' Warrant Agreement (Herley Industries Inc /New), Managing Underwriters' Warrant Agreement (Herley Industries Inc /New)

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Deferral of Certain Adjustments. No adjustment to the Underlying Share Securities Purchase Price (including the related adjustment to the number of Underlying SharesSecurities) shall be required hereunder unless such adjustment, together with other adjustments carried forward as provided below, would result in an increase or decrease of at least one percent (1%) of the Underlying Share Securities Purchase Price; provided that any adjustments which by reason of this paragraph (i) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. No adjustment need be made for a change in the par value of the Common Stock. All calculations under this Section 4 shall be made to the nearest 1/1,000 of one cent or to the nearest 1/1000 of a whole share, as the case may be.

Appears in 1 contract

Samples: Warrant Agreement (Frisby Technologies Inc)

Deferral of Certain Adjustments. No adjustment to the Underlying Share Purchase Price (including the related adjustment to the number of Underlying Shares) shall be required hereunder unless such adjustment, together with other adjustments carried forward as provided below, would result in an increase or decrease of at least one percent (1%) of the Underlying Share Purchase Price; provided that any adjustments which by reason of this paragraph (i) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. No adjustment need be made for a change in the par value of the Common Stock. All calculations under this Section 4 shall be made to the nearest 1/1,000 one tenth of one cent ($0.001) or to the nearest 1/1000 of a whole share, as the case may be.

Appears in 1 contract

Samples: Warrant Agreement (Futurelink Corp)

Deferral of Certain Adjustments. No adjustment to the Underlying Share Purchase Price (including the related adjustment to the number of Underlying Shares) shall be required hereunder unless such adjustment, together with other adjustments carried forward as provided below, would result in an increase or decrease of at least one percent (1%) of the Underlying Share Purchase Price; provided that any adjustments which by reason of this paragraph (i) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. No adjustment need be made for a change in the par value of the Common Stock. All calculations under this Section 4 shall be made to the nearest 1/1,000 one tenth of one cent ($0.001) or to the nearest 1/1000 of a whole share, as the case may be.

Appears in 1 contract

Samples: Warrant Agreement (American Country Holdings Inc)

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Deferral of Certain Adjustments. No adjustment to the ------------------------------- Underlying Share Purchase Price (including the related adjustment to the number of Underlying Shares) shall be required hereunder unless such adjustment, together with other adjustments carried forward as provided below, would result in an increase or decrease of at least one percent (1%) of the Underlying Share Purchase Price; provided that any adjustments which by reason of this paragraph (i) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. No adjustment need be made for a change in the par value of the Common Stock. All calculations under this Section 4 shall be made to the nearest 1/1,000 one tenth of one cent ($0.001) or to the nearest 1/1000 of a whole share, as the case may be.

Appears in 1 contract

Samples: Warrant Agreement (Microstrategy Inc)

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