No Adjustment; Par Value Minimum Sample Clauses
The "No Adjustment; Par Value Minimum" clause establishes that the value of a security or instrument will not be adjusted below its stated par value. In practice, this means that even if market conditions or other contractual provisions would otherwise reduce the value or conversion price of a security, it cannot fall below the minimum par value set by the issuer. This clause ensures that the issuer maintains a baseline value for its securities, protecting against excessive dilution and preserving the integrity of the capital structure.
No Adjustment; Par Value Minimum. Notwithstanding anything herein to the contrary, no adjustment under this Section 5 need be made to the Exercise Price or Warrant Share Number if the company receives written notice from the Warrantholder that no such adjustment is required. Notwithstanding any other provision of this Warrant, the Exercise Price shall not be adjusted below the par value of a share of Common Stock.
No Adjustment; Par Value Minimum. Notwithstanding anything herein to the contrary, no adjustment under this Section 7 need be made to the Exercise Price or Warrant Share Number if the Company receives written notice from the Holder who or which exercises all or any part of this Warrant that no such adjustment is required. Notwithstanding any other provision of this Warrant, the Exercise Price shall not be adjusted below the par value of a share of Common Stock.