Rounding of Calculations; Minimum Adjustment. All calculations under this Section 5(e) will be made to the nearest cent or to the nearest one hundredth (1/100th) of a share, as the case may be. Any provision of this Section 5 to the contrary notwithstanding, no adjustment in the Conversion Price will be made if the amount of such adjustment would be less than $0.05, but any such amount will be carried forward and an adjustment with respect thereto will be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, will aggregate $0.05 or more.
Appears in 2 contracts
Samples: Merger Agreement (Illinova Corp), Merger Agreement (Dynegy Inc)
Rounding of Calculations; Minimum Adjustment. All calculations under this Section 5(esubsection (f) will shall be made to the nearest cent ($0.01) or to the nearest one hundredth (1/100th) of a share, as the case may be. Any provision of this Section 5 to the contrary notwithstanding, no adjustment in the applicable Conversion Price will shall be made if the amount of such adjustment would be less than five cents ($0.05), but any such amount will shall be carried forward and an adjustment with respect thereto will shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, will shall aggregate five cents ($0.05 0.05) or more.
Appears in 2 contracts
Samples: Investment Agreement (O'Gara Group, Inc.), Investment and Recapitalization Agreement (O'Gara Group, Inc.)
Rounding of Calculations; Minimum Adjustment. All calculations under this Section 5(e) will 5.1.5 shall be made to the nearest cent or to the nearest one hundredth thousandth (1/100th1/1000th) of a share, as the case may be. Any provision of this Section 5 5.1.5 to the contrary notwithstanding, no adjustment in the Initial Conversion Price will shall be made if the amount of such adjustment would be less than $0.05, but any such amount will shall be carried forward and an adjustment with respect thereto will shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, will aggregate $0.05 or more.such
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Harris James T)
