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

Sources: Common Stock Purchase Warrant (Penn Octane Corp), Warrant Agreement (Penn Octane Corp), Common Stock Purchase Warrant (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 7 contracts

Sources: Common Stock Purchase Warrant (Penn Octane Corp), Common Stock Purchase Warrant (Penn Octane Corp), Common Stock Purchase Warrant (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

Sources: Rollover and Assignment Agreement (Penn Octane Corp), Common Stock Purchase Warrant (Penn Octane Corp), Common Stock Purchase Warrant (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

Sources: Rollover and Assignment Agreement (Castle Energy Corp), Common Stock Purchase Warrant (Castle Energy Corp), Common Stock Purchase Warrant (Castle Energy 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

Sources: Warrant 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 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

Sources: Common Stock Purchase Warrant (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

Sources: 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

Sources: 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 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

Sources: Common Stock Purchase Warrant (Penn Octane Corp)