Common use of Notice as to Adjustment Clause in Contracts

Notice as to Adjustment. Upon any adjustment of the Exercise 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 Exercise 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 5 contracts

Samples: Warrant Agreement (Hypertension Diagnostics Inc /Mn), Warrant Agreement (Famous Dave S of America Inc), Warrant Agreement (Hotel Discovery Inc)

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Notice as to Adjustment. Upon any adjustment of the Exercise Price and an any 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 thirty (1030) days after the effective date of such adjustment thereafter shall give written notice thereof, by first class mail, postage prepaid, addressed to each registered Warrantholder at the address of such Warrantholder Holder as shown on the books of the Company, which notice shall state the adjusted Exercise Price and the increased or decreased number of shares purchasable upon the exercise of the Warrants, setting and shall set forth in reasonable detail the method of calculation and the facts upon which such calculation is based.

Appears in 4 contracts

Samples: Agreement of Exchange (El Capitan Precious Metals Inc), Note and Warrant Purchase Agreement (El Capitan Precious Metals Inc), Agreement (Wits Basin Precious Minerals Inc)

Notice as to Adjustment. Upon any adjustment of the Exercise 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 Exercise 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 3 contracts

Samples: Warrant Agreement (PPT Vision Inc), Warrant Agreement (PPT Vision Inc), Warrant Agreement (Hypertension Diagnostics Inc /Mn)

Notice as to Adjustment. Upon any adjustment of the Exercise 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 CompanyCompany (and written notice thereof to the Warrant Agent), which notice shall state the adjusted Exercise 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 3 contracts

Samples: Warrant Agreement (Angeion Corp/Mn), Class B Warrant Agreement (Hypertension Diagnostics Inc /Mn), Class a Warrant Agreement (Hypertension Diagnostics Inc /Mn)

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Notice as to Adjustment. Upon any adjustment of the Exercise 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 twenty (1020) 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, and also to the Warrant Agent, which notice shall state the adjusted Exercise 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 1 contract

Samples: Warrant Agreement (Wits Basin Precious Minerals Inc)

Notice as to Adjustment. Upon any adjustment of the Exercise 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 twenty (1020) 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 Exercise 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 1 contract

Samples: Warrant Agreement (Active Iq Technologies Inc)

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