Common use of When No Adjustment Required Clause in Contracts

When No Adjustment Required. (a) No adjustment need be made for a transaction referred to in Sections 11.2-11.3 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 ordinary shares participate in the transaction.

Appears in 6 contracts

Samples: Warrant Agreement (CIS Acquisition Ltd.), Warrant Agreement (CIS Acquisition Ltd.), Warrant Agreement (CIS Acquisition Ltd.)

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When No Adjustment Required. (a) No adjustment need be made for a transaction referred to in Sections 11.2-11.3 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 ordinary shares common stock participate in the transaction.

Appears in 6 contracts

Samples: Warrant Agreement (Selway Capital Acquisition Corp.), Warrant Agreement (Selway Capital Acquisition Corp.), Warrant Agreement (Selway Capital Acquisition Corp.)

When No Adjustment Required. (a) No adjustment need be made for a transaction referred to in Sections 11.2-11.3 Section 6.1 or Section 6.2 if Warrant holders are the Holder is able 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 ordinary shares Common Stock participate in the transaction.

Appears in 6 contracts

Samples: Share and Warrant Purchase Agreement (Globus Maritime LTD), Loan Agreement (Globus Maritime LTD), Loan Agreement (Globus Maritime LTD)

When No Adjustment Required. (a) No adjustment need be made for a transaction referred to in Sections 11.2-11.3 Section 6.1 if Warrant holders are the Holder is able 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 ordinary shares Common Stock participate in the transaction.

Appears in 5 contracts

Samples: Subscription Agreement (One Horizon Group, Inc.), Subscription Agreement (One Horizon Group, Inc.), Subscription Agreement (One Horizon Group, Inc.)

When No Adjustment Required. (a) No adjustment need be made for a transaction referred to in Sections 11.2-11.3 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 ordinary shares Common Stock participate in the transaction.

Appears in 4 contracts

Samples: Warrant Agreement (Prime Acquisition Corp), Warrant Agreement (Prime Acquisition Corp), Warrant Agreement (Prime Acquisition Corp)

When No Adjustment Required. (a) No adjustment need be made pursuant to Section 4.01 or Section 4.02 for a transaction referred to in Sections 11.2-11.3 Section 4.01 if Warrant holders are to participate, without requiring the Warrants to be exercised, participate in the such 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 ordinary shares Common Stock participate in the transaction.

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Hawaiian Telcom Holdco, Inc.)

When No Adjustment Required. (a) No adjustment need be made for a transaction referred to in Sections 11.2-11.3 6 or 8 if Warrant holders are permitted 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 is fair and appropriate in light of the basis and notice on which holders of ordinary shares Common Stock are permitted to participate in the transaction.

Appears in 1 contract

Samples: Student Advantage Inc

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When No Adjustment Required. (ai) No adjustment need be made for a transaction referred to in Sections 11.2-11.3 subsections (a), (b), (c) or (d) of this Section 12.04 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 ordinary shares Common Stock of the Company participate in the transaction.

Appears in 1 contract

Samples: Indenture (United Usn Inc)

When No Adjustment Required. (ai) No adjustment need be made for a transaction referred to in Sections 11.2-11.3 subsections (a), (b), (c) or (d) of this Section 12.4 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 ordinary shares Common Stock of the Company participate in the transaction.

Appears in 1 contract

Samples: Indenture (Usn Communications Inc)

When No Adjustment Required. (a) No adjustment need be made for a transaction referred to in Sections 11.2-11.3 Section 8(a), (b) or (c) hereof, if Warrant holders 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 written 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 ordinary shares Common Stock participate in the transaction.

Appears in 1 contract

Samples: Warrant Agreement (Orbital Sciences Corp /De/)

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