Common use of Rounding; Par Value Clause in Contracts

Rounding; Par Value. All calculations under Section 7.6 shall be made to the nearest 1/10,000th of a cent or to the nearest 1/10,000th of a share, as the case may be. No adjustment in the Conversion Price shall reduce the Conversion Price below the then par value of Class A Ordinary Shares.

Appears in 3 contracts

Samples: Investment Agreement (Blackstone Tactical Opportunities Management Associates (Cayman) - NQ L.P.), Registration Rights Agreement (VNET Group, Inc.), Registration Rights Agreement (21Vianet Group, Inc.)

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Rounding; Par Value. All calculations under Section 7.6 8.7 shall be made to the nearest 1/10,000th 1/1,000th of a cent or to the nearest 1/10,000th 1/1,000th of a share, as the case may be. No adjustment in the Conversion Price shall reduce the Conversion Price below the then par value of Class A Ordinary Sharesthe Common Stock.

Appears in 1 contract

Samples: Registration Rights Agreement (Verint Systems Inc)

Rounding; Par Value. All calculations under Section 7.6 β€Ž7 shall be made to the nearest 1/10,000th of a cent or to the nearest 1/10,000th of a share, as the case may bebe (with 5/100,000ths rounded upward). No adjustment in the Conversion Price shall reduce the Conversion Price below the then par value of Class A Ordinary Sharesthe Common Stock.

Appears in 1 contract

Samples: Subscription Agreement (Lucid Group, Inc.)

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Rounding; Par Value. All calculations under Section 7.6 8.6 shall be made to the nearest 1/10,000th 1/1,000th of a cent or to the nearest 1/10,000th 1/1,000th of a share, as the case may be. No adjustment in the Conversion Price shall reduce the Conversion Price below the then par value of Class A Ordinary Sharesthe Common Stock.

Appears in 1 contract

Samples: Registration Rights Agreement (AgroFresh Solutions, Inc.)

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