Notification of Adjustment Sample Clauses

Notification of Adjustment. Whenever the Option Securities purchasable upon exercise of this Option are modified as provided in Section 4.1 or 4.4, the Company will promptly deliver to the Holder a certificate signed by the Chairman of the Board, Chief Executive Officer or the President, or a Vice President of the Company and by the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary of the Company setting forth the number and kind of Option Securities purchasable and the other property (including cash) receivable by the Holder upon exercise of this Option or any supplemental or new option. Such certificate will state that such adjustments in the kind of purchasable Option Securities and other property (including cash) receivable by the Holder upon exercise of this Option conform to the requirements of this Section 4, and setting forth a brief statement of the facts accounting for such adjustments. In the event, the Holder of this Option does not agree with such determination of the Board of Directors of the Company as set forth in the certificate, the Company shall retain a firm of independent public accountants acceptable to the Holder to make any computation required under this Section 4, and a certificate signed by such firm shall be conclusive evidence of the correctness of any computation made under this Section 4.
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Notification of Adjustment. The Company must give notice to the Warrant holder of any adjustment it may make to either the number of Shares which the Warrant holder is entitled to subscribe for on exercise of the Warrants, or the Issue Price.
Notification of Adjustment. Upon any adjustment of the Warrant Exercise Price or number of issuable Warrant Shares pursuant to this Section 2, the Company shall give written notification to the Holder, setting forth in reasonable detail, the calculation of such adjustment.
Notification of Adjustment. The Issuer shall promptly deliver to the Holder a notice announcing any adjustment in the Exchange Ratio or change in the securities purchasable under the Warrant, accompanied by a brief statement of the facts requiring that adjustment.
Notification of Adjustment. Upon any adjustment set forth in this Xxxxxxx 0, Xxxxxx shall send written notice to Holder of the amount of the adjustment and the reason therefore within ten (10) business days after such reduction. Upon request of the Holder, Debtor shall execute and deliver to Holder a replacement note setting forth the revised principal amount.
Notification of Adjustment. Whenever the Warrant Securities acquirable upon exercise of the Warrant are modified as provided in Subsection 5.1 or 5.4, Kruger will promptly deliver to the Holder a certificate signed by the Chairman of the Board, Chief Executive Officer or the President, or a Vice President of Precis and by the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary of Precis setting forth the number and kind of Warrant Securities acquirable and the other property (including cash) receivable by the Holder upon exercise of the Warrant or any supplemental or new option. This certificate will state that the adjustments in the kind of acquirable Warrant Securities and other property (including cash) receivable by the Holder upon exercise of the Warrant conform to the requirements of this Section 5, and setting forth a brief statement of the facts accounting for such
Notification of Adjustment. Whenever the Warrant Securities acquirable upon exercise of the Warrant are modified as provided in Subsection 5.1 or 5.4, Kruger will promptly deliver to the Holder a certificate signed by the Chairman of the Board, Chief Executive Officer or the President, or a Vice President of Precis and by the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary of Precis setting forth the number and kind of Warrant Securities acquirable and the other property (including cash) receivable by the Holder upon exercise of the Warrant or any supplemental or new option. This certificate will state that the adjustments in the kind of acquirable Warrant Securities and other property (including cash) receivable by the Holder upon exercise of the Warrant conform to the requirements of this Section 5, and setting forth a brief statement of the facts accounting for such adjustments. In the event, the Holder does not agree with such determination of the Board of Directors of Precis as set forth in the certificate, Precis shall retain a firm of independent public accountants acceptable to the Holder to make any computation required under this Section 5, and a certificate signed by such firm shall be conclusive evidence of the correctness of any computation made under this Section 5.
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Related to Notification of Adjustment

  • Certificate of Adjustment The Corporation shall from time to time immediately after the occurrence of any event which requires an adjustment or readjustment as provided in Section 4.1, deliver a certificate of the Corporation to the Warrant Agent specifying the nature of the event requiring the same and the amount of the adjustment or readjustment necessitated thereby and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based, which certificate shall be supported by a certificate of the Corporation’s Auditors verifying such calculation. The Warrant Agent shall rely, and shall be protected in so doing, upon the certificate of the Corporation or of the Corporation’s Auditor and any other document filed by the Corporation pursuant to this Article 4 for all purposes.

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