Common use of Notice of Change in Warrant Clause in Contracts

Notice of Change in Warrant. Upon any adjustment of the Warrant Price or the number of shares issuable on exercise of a Warrant, then and in each case the Company shall give written notice of the adjustment to the Warrant Agent. The notice shall state the Warrant Price resulting from the adjustment and the increase or decrease, if any, in the number of shares purchasable at that price upon exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which the calculation is based. The Company shall mail or cause to be mailed to each holder of Warrants at the address registered with the Company, a notice setting forth such change or adjustment. Failure to file a statement or to give notice, or any defect in a statement or notice, shall not affect the legality or validity of the changes or adjustments.

Appears in 5 contracts

Samples: Common Stock Purchase Warrant Agreement (Free & Clear Equity, Inc.), Common Stock Purchase Warrant Agreement (Gold Ribbon Bio Energy Holdings, Inc.), Common Stock Purchase Warrant Agreement (Gold Ribbon Bio Energy Holdings, Inc.)

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Notice of Change in Warrant. Upon any adjustment of the Warrant Exercise Price or the number of shares Warrant Shares issuable on exercise of a Warrant, then and in each case the Company shall give written notice of the adjustment to the Warrant Agent. The notice shall state the Warrant Exercise Price resulting from the adjustment and the increase or decrease, if any, in the number of shares Warrant Shares purchasable at that price Exercise Price upon exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which the calculation is based. The Company shall mail or cause to be mailed to each holder Registered Holder of Warrants at the address registered with the Company, a notice setting forth such change or adjustment. Failure to file a statement or to give notice, or any defect in a statement or notice, shall not affect the legality or validity of the changes or adjustments.

Appears in 1 contract

Samples: Warrant Agreement (North American Minerals Group Inc)

Notice of Change in Warrant. Upon any adjustment of the Warrant --------------------------- Price or the number of shares issuable on exercise of a Warrant, then and in each case the Company shall give written notice of the adjustment to the Warrant Agent. The notice shall state the Warrant Price resulting from the adjustment and the increase or decrease, if any, in the number of shares purchasable at that price upon exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which the calculation is based. The Company shall mail or cause to be mailed to each holder of Warrants at the address registered with the Company, a notice setting forth such change or adjustment. Failure to file a statement or to give notice, or any defect in a statement or notice, shall not affect the legality or validity of the changes or adjustments.

Appears in 1 contract

Samples: Common Stock Purchase Warrant Agreement (Ocean West Holding Corp)

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Notice of Change in Warrant. Upon any adjustment of the --------------------------- Warrant Price or the number of shares issuable on exercise of a Warrant, then and in each case the Company shall give written notice of the adjustment to the Warrant Agent. The notice shall state the Warrant Price resulting from the adjustment and the increase or decrease, if any, in the number of shares purchasable at that price upon exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which the calculation is based. The Company shall mail or cause to be mailed to each holder of Warrants at the address registered with the Company, a notice setting forth such change or adjustment. Failure to file a statement or to give notice, or any defect in a statement or notice, shall not affect the legality or validity of the changes or adjustments.

Appears in 1 contract

Samples: Common Stock Purchase Warrant Agreement (Ocean West Holding Corp)

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