Common use of Statement of Adjustment Clause in Contracts

Statement of Adjustment. Upon each adjustment of the Current Warrant Price and the number of shares of Common Stock purchasable hereunder, and in the event of any change in the rights of the holder of this Warrant by reason of other events herein set forth, then and in each such case the Company will promptly prepare a schedule setting forth the adjusted Current Warrant Price and the adjusted number of shares purchasable hereunder, or specifying the other shares of stock, other securities or property and the amount thereof receivable as a result of such change in rights, and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. The Company will promptly mail a copy of such schedule to the registered holder of this Warrant.

Appears in 10 contracts

Samples: Warrant And (World Commerce Online Inc), Warrant And (Summit Brokerage Services Inc / Fl), Warrant And (Summit Financial Services Group Inc)

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Statement of Adjustment. Upon each adjustment of the Current Warrant Price and the number of shares of Common Stock purchasable hereunder, and in the event of any change in the rights of the holder Holder of this Warrant by reason of other events herein set forth, then and in each such case the Company will promptly prepare a schedule setting forth the adjusted Current Warrant Price and the adjusted number of shares purchasable hereunder, or specifying the other shares of stock, other securities or property and the amount thereof receivable as a result of such change in rights, and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. The Company will promptly mail a copy of such schedule to the registered holder Holder of this Warrant.

Appears in 4 contracts

Samples: Warrant And (Ruby Mining Co), Warrant And (Ruby Mining Co), Warrant And (Ruby Mining Co)

Statement of Adjustment. Upon each adjustment of the Current Warrant Price and the number of shares of Common Stock purchasable hereunder, and in the event of any change in the rights of the holder of this Warrant Warrantholder by reason of other events herein set forth, then and in each such case the Company will promptly prepare a schedule setting forth the adjusted Current Warrant Price and the adjusted number of shares purchasable hereunder, or specifying the other shares of stock, other securities or property and the amount thereof receivable as a result of such change in rights, and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is basedbase. The Company will promptly mail a copy of such schedule to the registered holder of this Warranteach Warrantholder.

Appears in 1 contract

Samples: Cross Media Marketing Corp

Statement of Adjustment. Upon each adjustment of the Current ----------------------- Warrant Price and the number of shares of Common Stock purchasable hereunder, and in the event of any change in the rights of the holder of this Warrant by reason of other events herein set forth, then and in each such case the Company will promptly prepare a schedule setting forth the adjusted Current Warrant Price and the adjusted number of shares purchasable hereunder, or specifying the other shares of stock, other securities or property and the amount thereof receivable as a result of such change in rights, and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is basedbase. The Company will promptly mail a copy of such schedule to the registered holder of this Warrant.

Appears in 1 contract

Samples: Cardiac Control Systems Inc

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Statement of Adjustment. Upon each adjustment of the Current Warrant Price and the number of shares of Common Stock purchasable hereunder, and in the event of any change in the rights of the Warrant holder of this Warrant by reason of other events herein set forth, then and in each such case case, the Company will promptly prepare a schedule setting forth the adjusted Current Warrant Price and the adjusted number of shares purchasable hereunder, or specifying the other shares of stock, other securities or property and the amount thereof receivable as a result of such change in rights, and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is basedbase. The Company will promptly mail a copy of such schedule to the registered holder of this Warrant.

Appears in 1 contract

Samples: Netrix Corp

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