Common use of When No Adjustment Required Clause in Contracts

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b), (c), (d), (e) or (f) of this Section 11 if Warrant holders are to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisable. Interest will not accrue on the cash.

Appears in 22 contracts

Samples: Warrant Agreement (Great American Group, Inc.), Warrant Agreement (GHL Acquisition Corp.), Employment Agreement (Prospect Acquisition Corp)

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When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d), (e) or (fe) of this Section 11 10 if Warrant holders are to participate, without requiring the Warrants to be exercised, participate in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 7 contracts

Samples: Warrant Agreement (Moore James E Revocable Trust), Warrant Agreement (Colorado Wyoming Reserve Co), Warrant Agreement (Colorado Wyoming Reserve Co)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b), (c), (d), (e) or (f) of this Section 11 if Warrant holders are to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock Ordinary Shares participate in the transaction. No adjustment need be made for a change in the par value or no par value of the Common StockOrdinary Shares. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisable. Interest will not accrue on the cash.

Appears in 3 contracts

Samples: Warrant Agreement (ASM Acquisition CO LTD), Warrant Agreement (Overture Acquisition Corp.), Warrant Agreement (Overture Acquisition Corp.)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (ba), (c), (d), (eb) or (fc) of this Section 11 10 if Warrant holders are to participate, without requiring the Warrants to be exercised, participate in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 3 contracts

Samples: Recapitalization Agreement (Global Crossing LTD), Recapitalization Agreement (Singapore Technologies Telemedia Pte LTD), Warrant Agreement (MRV Communications Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b), (c), (d), (e) or (fc) of this Section 11 9 if Warrant holders are to participate, (after obtaining any required regulatory approval) without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisable. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Sideware Systems Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b), (c), (d), ) or (e) or (f) of this Section SECTION 11 if Warrant holders are to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisable. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Anc Rental Corp)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b)Section 8(a) hereof, (c), (d), (e) or (f) of this Section 11 if Warrant holders are to participate, participate (without requiring the Warrants being required to be exercised, exercise their Warrants) in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Preferred Stock participate in the transaction. No adjustment need be made for (i) rights to purchase Preferred Stock pursuant to a Company plan for reinvestment of dividends or interest or (ii) a change in the par value or no par value of the Common Preferred Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Osullivan Industries Holdings Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b), (c), (d), (e) ), or (f) of this Section 11 if Warrant holders are to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisable. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Opportunity Acquisition Corp.)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections Section 10 (a), (b), (c), (d) or (e) hereof if a Warrant holder actually participates in an issuance or distribution pursuant to Section 10 (a), (eb), (c), (d) or (fe) of this Section 11 if Warrant holders are hereof No adjustment need be made for rights to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of purchase Common Stock participate in the transactionpursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Maxxim Medical Inc/Tx)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b), ) or (c), (d), (e) or (fe) of this Section 11 if Warrant holders are to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisable. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Key Energy Group Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d), (e) or (fe) of this Section 11 10 if Warrant holders are to participate, without requiring the Warrants to be exercised, participate in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Club Regina Resorts Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b), (c), (d), (e) or (fe) of this Section 11 11.2 if Warrant Certificate holders are to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company Parent reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisable. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Unit Purchase Agreement (GPPW Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b), (c), (d), (e) or (fe) of this Section 11 if Warrant holders are to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisable. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Anc Rental Corp)

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When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections Subsections (a), (b), (c), (d), (e) or (fe) of this Section 11 if Warrant holders are to participate, without requiring the Warrants to be exercised, participate in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Pca International Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d), (e) or (fe) of this Section 11 10 if Warrant holders Holders are to participate, without requiring the Warrants to be exercised, participate in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Bio Rad Laboratories Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections Section 10 (a), (b), (c), (d) or (e) hereof if a Holder actually participates in an issuance or distribution pursuant to Section 10 (a), (eb), (c), (d) or (fe) of this Section 11 if Warrant holders are hereof. No adjustment need be made for rights to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of purchase Common Stock participate in the transactionpursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Maxxim Medical Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections Section 11(a), (b), (c), (d), (e) or (fr) of this Section 11 hereof, if Warrant holders are to participate, without requiring the Warrants to be exercised, participate in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for (i) rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest or (ii) a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Interamericas Communications Corp)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d), (e) or (fe) of this Section 11 if Warrant holders are to participate, without requiring the Warrants to be exercised, participate in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (St Mary Land & Exploration Co)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (b), (c), (d), (eSection 8(a) or (f) of this Section 11 hereof, if Warrant holders are the Holder is to participate, participate (without requiring the Warrants being required to be exercised, exercise its Warrants) in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of Common Preferred Stock participate in the transaction. No adjustment need be made for (i) rights to purchase Preferred Stock pursuant to a Company plan for reinvestment of dividends or interest or (ii) a change in the par value or no par value of the Common Preferred Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Class B Warrant Agreement (Osullivan Industries Holdings Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections Section 10 (a), (b), (c), (d) or (e) hereof if a Holder actually participates in an issuance or distribution pursuant to Section 10 (a), (eb), (c), (d) or (fe) of this Section 11 if Warrant holders are hereof No adjustment need be made for rights to participate, without requiring the Warrants to be exercised, in the transaction on a basis and with notice that the Board of Directors of the Company reasonably determines to be fair and appropriate in light of the basis and notice on which holders of purchase Common Stock participate in the transactionpursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which such Warrants are exercisablecash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Maxxim Medical Inc/Tx)

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