Common use of No Adjustment for Small Amounts Clause in Contracts

No Adjustment for Small Amounts. Anything herein to the contrary ---------------------------------- notwithstanding, no adjustment of the Exercise Price shall be made if the amount of such adjustment shall be less than $.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to $.05 per share or more.

Appears in 15 contracts

Samples: Penn Octane Corp, Penn Octane Corp, Penn Octane Corp

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No Adjustment for Small Amounts. Anything herein to the contrary ---------------------------------- ------------------------------- notwithstanding, no adjustment of the Exercise Price shall be made if the amount of such adjustment shall be less than $.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to $.05 per share or more.

Appears in 7 contracts

Samples: Purchase Agreement (Penn Octane Corp), Penn Octane Corp, Penn Octane Corp

No Adjustment for Small Amounts. Anything herein to the contrary ---------------------------------- --------------------------------- notwithstanding, no adjustment of the Exercise Price shall be made if the amount of such adjustment shall be less than $.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to $.05 per share or more.

Appears in 6 contracts

Samples: Rollover and Assignment Agreement (Penn Octane Corp), Penn Octane Corp, Penn Octane Corp

No Adjustment for Small Amounts. Anything herein to the contrary ---------------------------------- notwithstanding, no adjustment of the Exercise Price shall be made if the amount of such adjustment shall be less than $.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to $.05 per share or more.

Appears in 3 contracts

Samples: Collateral Agreement (Castle Energy Corp), Castle Energy Corp, Castle Energy Corp

No Adjustment for Small Amounts. Anything herein to the contrary ---------------------------------- notwithstanding, no adjustment of the Exercise Price shall be made if the amount of such adjustment shall be less than $.05 0.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to $.05 per share or more.

Appears in 1 contract

Samples: Penn Octane Corp

No Adjustment for Small Amounts. Anything herein to the contrary ---------------------------------- notwithstanding, no adjustment of the Exercise Price shall be made if the amount of such adjustment shall be less than $.05 0.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to $.05 0.05 per share or more.

Appears in 1 contract

Samples: Penn Octane Corp

No Adjustment for Small Amounts. Anything herein Notwithstanding anything in ----------------------------------- this Section 5 to the contrary ---------------------------------- notwithstandingcontrary, no adjustment of the Exercise Price or the number or type of securities covered by this Warrant shall be made if the amount of such adjustment in the Exercise Price shall be less than $.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment of the Exercise Price which, together with any adjustment of the Exercise Price so carried forward, shall amount to $.05 per share or more.

Appears in 1 contract

Samples: Penn Octane Corp

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No Adjustment for Small Amounts. Anything herein to the contrary ---------------------------------- ----------------------------------- notwithstanding, no adjustment of the Exercise Price shall be made if the amount of such adjustment shall be less than $.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to $.05 per share or more.

Appears in 1 contract

Samples: Purchase Agreement (Penn Octane Corp)

No Adjustment for Small Amounts. Anything herein to the ------------------------------- contrary ---------------------------------- notwithstanding, no adjustment of the Exercise Price shall be made if the amount of such adjustment shall be less than $.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to $.05 per share or more.

Appears in 1 contract

Samples: Purchase Agreement (Penn Octane Corp)

No Adjustment for Small Amounts. Anything herein Notwithstanding anything in -------------------------------- this Section 5 to the contrary ---------------------------------- notwithstandingcontrary, no adjustment of the Exercise Price or the number or type of securities covered by this Warrant shall be made if the amount of such adjustment in the Exercise Price shall be less than $.05 per share, but in such case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment of the Exercise Price which, together with any adjustment of the Exercise Price so carried forward, shall amount to $.05 per share or more.

Appears in 1 contract

Samples: Penn Octane Corp

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