Common use of Duty to Make Fair Adjustments in Certain Cases Clause in Contracts

Duty to Make Fair Adjustments in Certain Cases. If any event occurs as to which in the opinion of the Board of Directors the other provisions of this Section 4 are not strictly applicable or if strictly applicable would not fairly protect the purchase and exercise rights of the Warrant in accordance with the essential intent and principles of such provisions, then the Board of Directors shall make an adjustment in the application of such provisions, in accordance with such essential intent and principles, so as to protect such purchase rights as aforesaid.

Appears in 6 contracts

Samples: Natural Wonders Inc, Natural Wonders Inc, Natural Wonders Inc

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Duty to Make Fair Adjustments in Certain Cases. If any event ---------------------------------------------- occurs as to which in the opinion of the Board of Directors the other provisions of this Section 4 are not strictly applicable or if strictly applicable would not fairly protect the purchase and exercise rights of the Warrant in accordance with the essential intent and principles of such provisions, then the Board of Directors shall make an adjustment in the application of such provisions, in accordance with such essential intent and principles, so as to protect such purchase rights as aforesaid.

Appears in 3 contracts

Samples: Anchor Pacific Underwriters Inc, Anchor Pacific Underwriters Inc, Anchor Pacific Underwriters Inc

Duty to Make Fair Adjustments in Certain Cases. If any event occurs as to which in the opinion of the Board of Directors the other provisions of this Section 4 6 are not strictly applicable or if strictly applicable would not fairly protect the purchase and exercise rights of the Warrant in accordance with the essential intent and principles of such provisions, then the Board of Directors shall make an adjustment in the application of such provisions, in accordance with such essential intent and principles, so as to protect such purchase rights as aforesaid.

Appears in 3 contracts

Samples: Strategic Alliance Agreement (Altus Pharmaceuticals Inc.), Strategic Alliance Agreement (Altus Pharmaceuticals Inc.), Strategic Alliance Agreement (Altus Pharmaceuticals Inc.)

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Duty to Make Fair Adjustments in Certain Cases. If any ---------------------------------------------- event occurs as to which in the opinion of the Board of Directors the other provisions of this Section 4 are not strictly applicable or if strictly applicable would not fairly protect the purchase and exercise rights of the Warrant in accordance with the essential intent and principles of such provisions, then the Board of Directors shall make an adjustment in the application of such provisions, in accordance with such essential intent and principles, so as to protect such purchase rights as aforesaid.

Appears in 1 contract

Samples: Anchor Pacific Underwriters Inc

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