Common use of Minimal Adjustments Clause in Contracts

Minimal Adjustments. No adjustment in the Exercise Price subject to this Warrant shall be made if such adjustment would result in a change in the number of shares represented by this Warrant of less than one share (the “Adjustment Threshold Amount”). Any adjustment not made because the Adjustment Threshold Amount is not satisfied shall be carried forward and made, together with any subsequent adjustments, at such time as (a) the aggregate amount of all such adjustments is equal to at least the Adjustment Threshold Amount or (b) the Warrant is exercised.

Appears in 9 contracts

Samples: Common Stock Purchase Warrant (Purchasesoft Inc), Common Stock Purchase Warrant (Purchasesoft Inc), Common Stock Purchase Warrant (Purchasesoft Inc)

AutoNDA by SimpleDocs

Minimal Adjustments. No adjustment in the Exercise Price subject to this Warrant shall be made if such adjustment would result in a change in the number of shares represented by this Warrant of less than one share (the "Adjustment Threshold Amount"). Any adjustment not made because the Adjustment Threshold Amount is not satisfied shall be carried forward and made, together with any subsequent adjustments, at such time as (a) the aggregate amount of all such adjustments is equal to at least the Adjustment Threshold Amount or (b) the Warrant is exercised.

Appears in 3 contracts

Samples: Common Shares Purchase Warrant (Greentree Software Inc), Warrant Agreement (Greentree Software Inc), Warrant Agreement (Greentree Software Inc)

Minimal Adjustments. No adjustment in the Exercise Price subject to this Warrant shall need be made if such adjustment would result in a change in the number of shares represented by this Warrant Exercise Price of less than one share percent (1%); no adjustment in the “Adjustment Threshold Amount”)number of shares of Common Stock subject to this Warrant need be made if such adjustment would result in a change of less than one percent (1%) in the number of shares subject hereto. Any adjustment less than these amounts which is not made because the Adjustment Threshold Amount is not satisfied shall be carried forward and made, shall be made at the time of and together with any subsequent adjustmentsadjustment which, at such time as (a) the aggregate amount on a cumulative basis, amounts to an adjustment of all such adjustments is equal to at least the Adjustment Threshold Amount or (b) the Warrant is exercisedthis amount.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Quietpower Systems Inc)

AutoNDA by SimpleDocs

Minimal Adjustments. No adjustment in the Exercise Price subject to this Warrant shall need be ------------------- made if such adjustment would result in a change in the number of shares represented by this Warrant Exercise Price of less than one share percent (1%); no adjustment in the “Adjustment Threshold Amount”)number of shares of Common Stock subject to this Warrant need be made if such adjustment would result in a change of less than one percent (1%) in the number of shares subject hereto. Any adjustment less than these amounts which is not made because the Adjustment Threshold Amount is not satisfied shall be carried forward and made, shall be made at the time of and together with any subsequent adjustmentsadjustment which, at such time as (a) the aggregate amount on a cumulative basis, amounts to an adjustment of all such adjustments is equal to at least the Adjustment Threshold Amount or (b) the Warrant is exercisedthis amount.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Isonics Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!