Common use of No Fractional Adjustments Clause in Contracts

No Fractional Adjustments. No adjustment of the Warrant Price shall be made in an amount less than one cent per share, provided that any adjustments which are not required to be made by reason of this sentence shall be carried forward and shall be either taken into account in any subsequent adjustment made prior to three years from the date of the event giving rise to the adjustment being carried forward and prior to exercise, or shall be made at the end of three years from the date of the event giving rise to the adjustment being carried forward.

Appears in 6 contracts

Samples: Halo Technology Holdings, Inc., Warp Technology Holdings Inc, Halo Technology Holdings, Inc.

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