Common use of Minimum Adjustment of Exercise Price Clause in Contracts

Minimum Adjustment of Exercise Price. No adjustment of the Exercise ------------------------------------ Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 7 contracts

Samples: Exchange Agreement (Webb Interactive Services Inc), Warrant Agreement (Torbay Holdings Inc), Common Stock Purchase Warrant (Itc Holding Co Inc)

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Minimum Adjustment of Exercise Price. No adjustment of the Exercise ------------------------------------ ---------------------------------------- Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 6 contracts

Samples: Warrant Agreement (Marketcentral Net Corp), Securities Agreement (China World Trade Corp), Securities Agreement (China World Trade Corp)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise ------------------------------------ --------------------------------------- Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 4 contracts

Samples: Warrant Agreement (Mt Ultimate Healthcare Corp), Warrant Agreement (Mt Ultimate Healthcare Corp), Warrant Agreement (Mt Ultimate Healthcare Corp)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise ------------------------------------ Price shall be made in an amount of less than 1% I% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 2 contracts

Samples: Warrant Agreement, Warrant Agreement (Players Network)

Minimum Adjustment of Exercise Price. No adjustment of the Fixed Exercise ------------------------------------ Price shall be made in an amount of less than 1% of the Fixed Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Fixed Exercise Price.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Vital Living Products Inc), Warrant Agreement (Vital Living Products Inc)

Minimum Adjustment of Exercise Price. No If the amount of any adjustment of the Exercise ------------------------------------ Price shall required hereunder would be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise so required to be made, but any such lesser adjustment amount shall be carried forward and shall be adjustment with respect thereto made at the time of and together with the next any subsequent adjustment which, together with such amount and any adjustments other amount or amounts so carried forward, shall amount to not less than equal in the aggregate at least 1% of such Exercise Price.

Appears in 2 contracts

Samples: Subordinated Note and Warrant Purchase Agreement (Crown Crafts Inc), Reserved Shares Agreement (Crown Crafts Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise ------------------------------------ Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price...

Appears in 1 contract

Samples: Security Agreement (Alternate Energy Corp)

Minimum Adjustment of Exercise Price. No adjustment of the -------------------------------------- Exercise ------------------------------------ Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Amnis Systems Inc)

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Minimum Adjustment of Exercise Price. No adjustment of the ---------------------------------------- Exercise ------------------------------------ Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (World Golf League Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise ------------------------------------ Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.be

Appears in 1 contract

Samples: Stock Purchase Warrant (T Netix Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise ------------------------------------ Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.adjustment

Appears in 1 contract

Samples: Warrant Agreement (Superconductor Technologies Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise ------------------------------------ Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not no less than 1% of such Exercise Price.

Appears in 1 contract

Samples: Stock Purchase Warrant (Nuko Information Systems Inc /Ca/)

Minimum Adjustment of Exercise Price. No adjustment of the ----------------------------------------- Exercise ------------------------------------ Price shall be made in an amount of less than 1% I% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 11 % of such Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Nettaxi Inc)

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