Common use of Minimum Adjustment of Exercise Price Clause in Contracts

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 1186 contracts

Sources: Security Agreement (Artelo Biosciences, Inc.), Debt Satisfaction Agreement (Eastside Distilling, Inc.), Subscription Agreement

Minimum Adjustment of Exercise Price. No adjustment ------------------------------------ of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 11 contracts

Sources: Warrant Agreement (Med Gen Inc), Warrant Agreement (Open Market Inc), Warrant Agreement (Med Gen Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise ------------------------------------ Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 7 contracts

Sources: Common Stock Purchase Warrant (Itc Holding Co Inc), Warrant Agreement (Torbay Holdings Inc), Exchange Agreement (Webb Interactive Services Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise --------------------------------------- Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 4 contracts

Sources: Warrant Agreement (Mt Ultimate Healthcare Corp), Warrant Agreement (Mt Ultimate Healthcare Corp), Warrant Agreement (Mt Ultimate Healthcare Corp)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount of less than 15% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 15% of such Exercise Price.

Appears in 2 contracts

Sources: Warrant Agreement (American Banknote Corp), Warrant Agreement (American Banknote Corp)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount of less than 1% I% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 2 contracts

Sources: Warrant Agreement, Warrant Agreement (Players Network)

Minimum Adjustment of Exercise Price. No adjustment of the Fixed Exercise Price shall be made in an amount of less than 1% of the Fixed Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Fixed Exercise Price.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Vital Living Products Inc), Warrant Agreement (Vital Living Products Inc)

Minimum Adjustment of Exercise Price. No If the amount of any adjustment of the Exercise Price shall required hereunder would be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise so required to be made, but any such lesser adjustment amount shall be carried forward and shall be adjustment with respect thereto made at the time of and together with the next any subsequent adjustment which, together with such amount and any adjustments other amount or amounts so carried forward, shall amount to not less than equal in the aggregate at least 1% of such Exercise Price.

Appears in 2 contracts

Sources: Reserved Shares Agreement (Crown Crafts Inc), Subordinated Note and Warrant Purchase Agreement (Crown Crafts Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.adjustment

Appears in 1 contract

Sources: Warrant Agreement (Superconductor Technologies Inc)

Minimum Adjustment of Exercise Price. No adjustment of the ----------------------------------------- Exercise Price shall be made in an amount of less than 1% I% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 11 % of such Exercise Price.

Appears in 1 contract

Sources: Warrant Agreement (Nettaxi Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.be

Appears in 1 contract

Sources: Stock Purchase Warrant (T Netix Inc)

Minimum Adjustment of Exercise Price. No adjustment of the -------------------------------------- Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 1 contract

Sources: Warrant Agreement (Amnis Systems Inc)

Minimum Adjustment of Exercise Price. No adjustment of the ---------------------------------------- Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price.

Appears in 1 contract

Sources: Warrant Agreement (World Golf League Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price. In the event that any adjustment of the Exercise Price as required herein results in a fraction of a cent, such Exercise Price shall be rounded up to the nearest cent.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (DBT Online Inc)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than 1% of such Exercise Price...

Appears in 1 contract

Sources: Security Agreement (Alternate Energy Corp)

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not no less than 1% of such Exercise Price.

Appears in 1 contract

Sources: Stock Purchase Warrant (Nuko Information Systems Inc /Ca/)