Common use of Threshold Requirement Clause in Contracts

Threshold Requirement. No adjustment in the Exercise Price or in the number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in such Exercise Price or in the number of Warrant Shares purchasable upon the exercise of each Warrant; provided, however, that any adjustments which by reason of this Section 13(g) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 13 shall be made to the nearest cent and to the nearest one-thousandth of a Warrant Share, as the case may be.

Appears in 2 contracts

Samples: Warrant Agreement (Amerus Life Holdings Inc), Warrant Agreement (Amerus Life Holdings Inc)

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Threshold Requirement. No adjustment in the Exercise Price or in the number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in such Exercise Price or in the number of Warrant Shares purchasable upon the exercise of each Warrant; provided, however, that any adjustments which by reason of this Section 13(g) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 13 shall be made to the nearest cent and to the nearest one-one- thousandth of a Warrant Share, as the case may be.

Appears in 1 contract

Samples: Warrant Agreement (Amvestors Financial Corp)

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Threshold Requirement. No adjustment in the Exercise Price or in the number of Warrant Shares purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one percent (1%) in such Exercise Price or in the number of Warrant Shares purchasable upon the exercise of each Warrant; provided, however, that any adjustments which by reason of this Section 13(g14(f) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 13 14 shall be made to the nearest cent and to the nearest one-thousandth of a Warrant Share, as the case may be.

Appears in 1 contract

Samples: Warrant Agreement (Olicom a S)

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