Common use of Minimal Adjustments Clause in Contracts

Minimal Adjustments. No adjustment in the Conversion Price need be made if such adjustment would result in a change in the Conversion Price of less than $0.01. Any adjustment of less than $0.01 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the Conversion Price.

Appears in 15 contracts

Samples: Consent and Amendment Agreement, Consent and Amendment Agreement (Syndax Pharmaceuticals Inc), Consent and Amendment Agreement (Syndax Pharmaceuticals Inc)

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Minimal Adjustments. No adjustment in to the Conversion Price need be made if such adjustment would result in a change in the a Conversion Price of less than $0.010.00001. Any adjustment of less than $0.01 0.00001 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 0.00001 or more in the Conversion Price.

Appears in 6 contracts

Samples: Convertible Subordinated Note (Geographics Inc), Convertible Secured Subordinated Note (Geographics Inc), Convertible Secured Subordinated Note (Geographics Inc)

Minimal Adjustments. No adjustment in the Conversion Price need ------------------- be made if such adjustment would result in a change in the Conversion Price of less than $0.01. Any adjustment of less than $0.01 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the Conversion Price.

Appears in 2 contracts

Samples: Series C Convertible Preferred Stock Purchase Agreement (Inventa Technologies Inc), Series D Convertible Preferred Stock Purchase Agreement (Inventa Technologies Inc)

Minimal Adjustments. No adjustment in the Conversion Price need be made if such adjustment would result in a change in the Conversion Price of less than $0.010.0001. Any adjustment of less than $0.01 0.0001 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 0.0001 or more in the Conversion Price.

Appears in 2 contracts

Samples: Note (Performance Health Technologies Inc), Note (Performance Health Technologies Inc)

Minimal Adjustments. No adjustment in the Conversion Price ------------------- need be made if such adjustment would result in a change in the Conversion Price of less than $0.01. Any adjustment of less than $0.01 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the Conversion Price.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Xenogen Corp), Agreement and Plan of Reorganization (Xenogen Corp)

Minimal Adjustments. No adjustment in the a Conversion Price need be made if such adjustment would result in a change in the a Conversion Price of less than $0.01. Any adjustment of less than $0.01 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the a Conversion Price.

Appears in 2 contracts

Samples: Master Lease Agreement (Introgen Therapeutics Inc), Subscription Agreement (Integrated Biopharma Inc)

Minimal Adjustments. No adjustment in the a Conversion Price need ------------------- be made if such adjustment would result in a change in the a Conversion Price of less than $0.01. Any adjustment of less than $0.01 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the a Conversion Price.

Appears in 1 contract

Samples: Stock Purchase Agreement (SQL Financials International Inc /De)

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Minimal Adjustments. No adjustment in the a Conversion Price need be ------------------- made if such adjustment would result in a change in the a Conversion Price of less than $0.01. Any adjustment of less than $0.01 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the a Conversion Price.

Appears in 1 contract

Samples: Stock Purchase Agreement (SQL Financials International Inc /De)

Minimal Adjustments. No adjustment in the a Conversion Price need be made if such adjustment would result in a change in the a Conversion Price of less than $0.01. Any adjustment of less than $0.01 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the a Conversion Price. All calculations under this Section 9 shall be made to the nearest cent or to the nearest one hundredth (1/100) of a share, as the case may be.

Appears in 1 contract

Samples: Investment Agreement (Pazoo, Inc.)

Minimal Adjustments. No adjustment in the Conversion Price need be made if such that adjustment would result in a change in the Conversion Price of less than $0.01. Any adjustment of less than $0.01 which that is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the Conversion Price.

Appears in 1 contract

Samples: Master Lease Agreement (Sun Healthcare Group Inc)

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