Common use of Notice as to Adjustment Clause in Contracts

Notice as to Adjustment. Upon any adjustment of the Purchase Price and an increase or decrease in the number of shares of Common Stock purchasable upon the exercise of the Warrants, then, and in each such case, the Company shall within ten (10) days after the effective date of such adjustment give written notice thereof, by first class mail, postage prepaid, addressed to each registered Warrantholder at the address of such Warrantholder as shown on the books of the Company, which notice shall state the adjusted Purchase Price and the increased or decreased number of shares purchasable upon the exercise of the Warrants, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based.

Appears in 10 contracts

Samples: Redeemable Warrant Agreement (Amalgamated Pictures Corp.), Warrant Agreement (Wilsons the Leather Experts Inc), Redeemable Warrant Agreement (Pipeline Data Inc)

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Notice as to Adjustment. Upon any adjustment of the Purchase Price and an increase or decrease in the number of shares of Common Stock purchasable upon the exercise of the Warrants, then, and in each such case, the Company shall within ten (10) days after the effective date of such adjustment give written notice thereof, by first class mail, postage prepaid, addressed to each registered Warrantholder Warrant holder at the address of such Warrantholder Warrant holder as shown on the books of the Company, which notice shall state the adjusted Purchase Price and the increased or decreased number of shares purchasable upon the exercise of the Warrants, setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based.

Appears in 4 contracts

Samples: Consolidated Pictures Corp, Consolidated Pictures Corp, Bellacasa Productions Inc

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Notice as to Adjustment. Upon any adjustment of the Purchase Price and an increase or decrease in the number of shares of Common Stock purchasable upon the exercise of the WarrantsWarrant, then, and in each such case, the Company shall within ten (10) 10 days after the effective date of such adjustment give written notice thereof, by first first-class mail, postage prepaid, addressed to each registered Warrantholder at the address of such Warrantholder as shown on the books of the Company, which notice shall state the adjusted Purchase Price and the increased or decreased adjusted number of shares purchasable upon the exercise of the Warrants, setting forth in reasonable detail the method of calculation and the facts upon which such each calculation is based.

Appears in 3 contracts

Samples: Warrant Agreement (Medicalcv Inc), Warrant Agreement (Founders Food & Firkins LTD /Mn), Warrant Agreement (Founders Food & Firkins LTD /Mn)

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