Common use of REPORT AS TO ADJUSTMENTS Clause in Contracts

REPORT AS TO ADJUSTMENTS. In each case of any adjustment pursuant to this Article 3 or any other event (including those specified in Section 3(h) below) which gives rise to a change in the number of Warrant Shares or Other Securities and other consideration, if any, for which this Warrant may from time to time be exercisable, the Company, at its sole expense, shall promptly (i) compute such adjustment or change in accordance with the terms of this Warrant and prepare a report setting forth such adjustment or change and showing in reasonable detail the method of calculation thereof and the facts upon which such adjustment is based (including, without limitation, (a) the event or events giving rise to such adjustment or change; (b) the number of Common Shares outstanding or deemed to be outstanding prior and subsequent to any such transaction; and (c) the method by which any such adjustment or change was calculated (including a description in reasonable detail of the basis on which the Board of Directors made any determination of Fair Market Value required thereby)); and (ii) keep copies of all such reports available at its principal place of business for inspection during normal business hours by the Holder or any prospective purchaser of this Warrant designated by the Holder, and upon request by the Holder provide copies thereof to the Holder or any such prospective purchaser.