Common use of No De Minimis Adjustments Clause in Contracts

No De Minimis Adjustments. Calculation to Nearest Cent and One-hundredth of Share. No adjustment in the Exercise Price shall be required under this Article 5 unless such adjustment would require an increase or decrease of at least one percent (1%) of such price. All calculations under this Article 5 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: Warrant Agreement (Genesis Health Ventures Inc /Pa), Warrant Agreement (Genesis Health Ventures Inc /Pa), Warrant Agreement (Apw LTD)

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No De Minimis Adjustments. Calculation to Nearest Cent and One-hundredth of Share. No adjustment in the Exercise Price shall be required under this Article 5 unless such adjustment would require an increase or decrease of at least one percent (1%) % of such price. All calculations under this Article 5 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: Warrant Agreement (Avatex Funding Inc), Warrant Agreement (Avatex Corp)

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