Size of Adjustment; Rounding. No adjustment in the Exercise Price shall be required unless such adjustment would require an increase or decrease of at least one cent ($.01) in such price; provided, however, that any adjustment that is thereby not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 5 shall be made to the nearest cent or to the nearest one-hundredth of a Share, as the case may be.
Appears in 4 contracts
Samples: Warrant Agreement (Acr Group Inc), Warrant Agreement (Acr Group Inc), Warrant Agreement (Acr Group Inc)
Size of Adjustment; Rounding. No adjustment in the Exercise Price ---------------------------- shall be required unless such adjustment would require an increase or decrease of at least one cent ($.01) in such price; provided, however, that any -------- adjustment that which is thereby not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 5 shall be made to the nearest cent or to the nearest one-hundredth of a Share, as the case may be.
Appears in 2 contracts
Samples: Exchange Agreement (Tuboscope Vetco International Corp), Subscription Agreement (Tuboscope Vetco International Corp)
Size of Adjustment; Rounding. No adjustment in the Exercise Price shall be required unless such adjustment would require an increase or decrease of at least one one. cent ($.01.0l) in such price; provided, however, that any adjustment that is thereby not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 5 shall be made to the nearest cent or to the nearest one-hundredth of a Share, as the case may be.
Appears in 1 contract
Samples: Warrant Agreement (Acr Group Inc)
Size of Adjustment; Rounding. No adjustment in the Exercise Price shall be required unless such adjustment would require an increase or decrease of at least one cent ($.01) in such price; provided, however, that any adjustment that adjust- ment which is thereby not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 5 shall be made to the nearest cent or to the nearest one-hundredth of a Share, as the case may be.
Appears in 1 contract
Size of Adjustment; Rounding. No adjustment in the Exercise Price shall be required unless such adjustment would require an increase or decrease of at least one cent ($.01) in such price; provided, however, that any adjustment that which is thereby not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 5 shall be made to the nearest cent or to the nearest one-hundredth of a Share, as the case may be.
Appears in 1 contract
