Common use of Minimal Adjustments Clause in Contracts

Minimal Adjustments. No adjustment in a Per Share Exercise Price need be made if such adjustment would result in a change in such Per Share Exercise Price of less than five cents ($0.05). Any adjustment of less than five cents ($0.05) 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 five cents ($0.05) or more in a Per Share Exercise Price.

Appears in 8 contracts

Samples: Note and Warrant Purchase Agreement (Commerce One Inc / De/), Securities Purchase Agreement (Bio Plexus Inc), Note and Warrant Purchase Agreement (Commerce One Inc / De/)

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Minimal Adjustments. No adjustment in a Per Share Exercise Price need be made if such adjustment would result in a change in such Per Share Exercise Price of less than five cents one cent ($0.050.01). Any adjustment of less than five cents one cent ($0.050.01) 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 five cents one cent ($0.050.01) or more in a Per Share Exercise PricePrice or upon any exercise of this Warrant.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Siemens Aktiengesellschaft), Securities Purchase Agreement (Sequenom Inc), Sequenom Inc

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Minimal Adjustments. No adjustment in a Per Share Exercise Price need be made if such adjustment would result in a change in such Per Share Exercise Price of less than five cents one cent ($0.050.01). Any adjustment of less than five cents one cent ($0.050.01) 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 five cents one cent ($0.050.01) or more in a Per Share Exercise Price.

Appears in 2 contracts

Samples: Certain Registration Rights Agreement (It&e International Group), Certain Registration Rights Agreement (It&e International Group)

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