Common use of Minimum Exercise Price Adjustment Clause in Contracts

Minimum Exercise Price Adjustment. No adjustment in the Exercise --------------------------------- Price shall be required unless such adjustment would require in increase or decrease of at least one-half of one percent (0.5%) or more of the Exercise Price, provided, however, that any adjustments which by reason of this Subsection 6.4 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 6 shall be made to the nearest cent or to the nearest one-hundredth of a Share as the case may be.

Appears in 4 contracts

Samples: Underwriting Agreement (Mirage Holdings Inc), Underwriting Agreement (Mirage Holdings Inc), Underwriting Agreement (Mirage Holdings Inc)

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Minimum Exercise Price Adjustment. No adjustment in the Exercise --------------------------------- Price shall be required unless such adjustment would require in an increase or decrease of at least one-half of one percent (0.5%0.005) or more of the Exercise Price, provided, however, that any adjustments which by reason of this Subsection 6.4 5.4 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 6 5 shall be made to the nearest cent or to the nearest one-hundredth of a Share as the case may be.

Appears in 3 contracts

Samples: American Family Holdings Inc, American Family Holdings Inc, American Family Holdings Inc

Minimum Exercise Price Adjustment. No adjustment in the Exercise --------------------------------- Price shall be required unless such adjustment would require in increase or decrease of at least one-half of one percent (0.5%) or more of the Exercise Price, provided, however, that any adjustments which by reason of this Subsection 6.4 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 6 shall be made to the nearest cent or to the nearest one-hundredth of a Share as the case may be.

Appears in 2 contracts

Samples: Underwriting Agreement (Ilx Inc/Az/), Underwriting Agreement (Ilx Inc/Az/)

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Minimum Exercise Price Adjustment. No adjustment in the Exercise --------------------------------- Price shall be required unless such adjustment would require in increase or decrease of at least one-half of one percent (0.5%) or more of the Exercise Price, provided, however, that any adjustments which by reason of this Subsection 6.4 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 6 shall be made to the nearest cent or to the nearest one-hundredth of a Share as the case may be. 7.

Appears in 1 contract

Samples: Escrow and Impound Agreement (Ilx Inc/Az/)

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