Common use of When De Minimis Adjustment May Be Deferred Clause in Contracts

When De Minimis Adjustment May Be Deferred. No adjustment in the conversion price need be made unless the adjustment would require an increase or decrease of at least 1% in the conversion price. All calculations under this Article shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment.

When De Minimis Adjustment May Be Deferred. No adjustment in the conversion price Conversion Price need be made unless the adjustment would require an increase or decrease of at least 1% in the conversion price. All calculations under this Article shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may beConversion Price. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 1.4(h) shall be made to the nearest 1/1000th of a cent or to the nearest 1/1000th of a share, as the case may be.