Minimum Adjustment. (a) No adjustment in the Purchase Price (and no related adjustment in the number of shares of Common Stock which may thereafter be purchased upon exercise of this Warrant) shall be required unless such adjustment would require an increase or decrease of at least 1% in the Purchase Price; provided, however, that any adjustments which by reason of this Section 11 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All such calculations under this Warrant shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be. (b) No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 21 contracts
Samples: Common Stock Purchase Warrant (Berliner Communications Inc), Warrant Agreement (Emagin Corp), Common Stock Purchase Warrant (Berliner Communications Inc)
Minimum Adjustment. (a) No adjustment in the Purchase Price (and no related adjustment in the number of shares of Common Stock which may thereafter be purchased upon exercise of this Warrant) shall be required unless such adjustment would require an increase or decrease of at least 1% in the Purchase Price; provided, however, that any adjustments which by reason of this Section 11 10 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All such calculations under this Warrant shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be.
(b) No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 11 contracts
Samples: Common Stock Purchase Warrant (Insmed Inc), Common Stock Purchase Warrant (Sonic Foundry Inc), Purchase Agreement (Biogentech Corp)
Minimum Adjustment. (a) No adjustment in the Purchase Price (and no related adjustment in the number of shares of Common Stock which may thereafter be purchased upon exercise of this Warrant) shall be required unless such adjustment would require an increase or decrease of at least 1% in the Purchase Price; provided, however, that any adjustments which by reason of this Section 11 7 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All such calculations under this Warrant shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be.
(b) No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 3 contracts
Samples: Common Stock Purchase Warrant (Zix Corp), Common Stock Purchase Warrant (Zix Corp), Common Stock Purchase Warrant (Zix Corp)
Minimum Adjustment. (a) No adjustment in the Purchase Price (and no related adjustment in the number of shares of Common Stock which may thereafter be purchased upon exercise of this Warrant) shall be required unless such adjustment would require an increase or decrease of at least 1% in the Purchase Price; provided, however, that any adjustments which by reason of this Section 11 12 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All such calculations under this Warrant shall be made by the Company and shall be made to the nearest cent or to the nearest one hundredth of a share, as the case may be.
(b) No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 3 contracts
Samples: Warrant Agreement (Emagin Corp), Amendment Agreement (Emagin Corp), Common Stock Purchase Warrant (Viragen Inc)
Minimum Adjustment. (a) No adjustment in the Purchase Price (and no related adjustment in the number of shares of Common Stock which may thereafter be purchased upon exercise of this Warrant) shall be required unless such adjustment would require an increase or decrease of at least 1% in the Purchase Price; provided, however, that any adjustments which by reason of this Section 11 8 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All such calculations under this Warrant shall be made by the Company and shall be made to the nearest tenth of a cent or to the nearest one hundredth of a share, as the case may be.
(b) No adjustment need be made for a change in the par value of the Common Stock or from par value to no par value or from no par value to par value.
Appears in 1 contract
Samples: Common Stock Purchase Warrant (Omni Medical Holdings Inc)