Common use of No Adjustment of Exercise Price in Certain Cases Clause in Contracts

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such adjustment shall be less than two cents ($.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($.

Appears in 8 contracts

Sources: Warrant Agreement (Aviation Group Inc), Warrant Agreement (Aviation Group Inc), Warrant Agreement (Aviation Group Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or; (b) If the amount of such said adjustment shall be less than two cents ($.022 cents) per Warrant SecurityShare, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2 cents) per Warrant Share.

Appears in 5 contracts

Sources: Warrant Agreement (Perma Fix Environmental Services Inc), Warrant Agreement (Perma Fix Environmental Services Inc), Warrant Agreement (Perma Fix Environmental Services Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock Warrant Securities issuable upon the exercise of the Warrants; or; (b) If the amount of such said adjustment shall be less than two cents ($.022(cent)) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2(cent)) per Warrant Security.

Appears in 5 contracts

Sources: Representative's Warrant Agreement (Omega Orthodontics Inc), Representative's Warrant Agreement (Multimedia Access Corp), Representative's Warrant Agreement (Cluckcorp International Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or. (b) If the amount of such said adjustment shall be less than two cents ($.020.02) per Warrant Securitysecurity issuable upon exercise of the Warrants, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($0.02) per security issuable upon exercise of the Warrants.

Appears in 5 contracts

Sources: Warrant Agreement (Armada Water Assets Inc), Warrant Agreement (Armada Water Assets Inc), Warrant Agreement (Armada Water Assets Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or; (b) If the amount of such said adjustment shall be less than two cents ($.022(cent)) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2(cent)) per Warrant Security.

Appears in 4 contracts

Sources: Warrant Agreement (Columbia Laboratories Inc), Advisors' Warrant Agreement (Intervu Inc), Representative's Warrant Agreement (Skymall Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such adjustment shall be less than two cents ($.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($.

Appears in 4 contracts

Sources: Warrant Agreement (Aviation Group Inc), Warrant Agreement (Aviation Group Inc), Warrant Agreement (Aviation Group Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment of ------------------------------------------------ of the Exercise Price shall be made: (a) Upon upon the issuance or sale of the Warrants Series C Warrant or the shares of Common Stock issuable upon the exercise of the WarrantsSeries C Warrant; or (b) If the amount of such said adjustment shall be less than two (2) cents ($.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two (2) cents ($per Warrant Security.

Appears in 3 contracts

Sources: Warrant Agreement (New York Health Care Inc), Warrant Agreement (New York Health Care Inc), Warrant Agreement (New York Health Care Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or; (b) If the amount of such said adjustment shall be less than two cents ($.022(cent)) per Warrant Securityshare, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2(cent)) per share.

Appears in 2 contracts

Sources: Registration and Warrant Agreement (International Isotopes Inc), Registration and Warrant Agreement (International Isotopes Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of -------------------------------------------------- the Exercise Price shall be made: (a) Upon upon the issuance or sale of the Warrants Series B Warrant or the shares of Common Stock issuable upon the exercise of the WarrantsSeries B Warrant; or (b) If the amount of such said adjustment shall be less than two (2) cents ($.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two (2) cents ($per Warrant Security.

Appears in 2 contracts

Sources: Warrant Agreement (New York Health Care Inc), Warrant Agreement (New York Health Care Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment of ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such said adjustment shall be less than two 2 cents ($.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two 2 cents ($.

Appears in 1 contract

Sources: Warrant Agreement (United Leisure Corp)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of -------------------------------------------------- the Exercise Price shall be made: (a) Upon upon the issuance or sale of the Warrants Series A Warrant or the shares of Common Stock issuable upon the exercise of the WarrantsSeries A Warrant; or (b) If the amount of such said adjustment shall be less than two (2) cents ($.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two (2) cents ($per Warrant Security.

Appears in 1 contract

Sources: Warrant Agreement (New York Health Care Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: : (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such said adjustment shall be less than two cents ($.022 cents) per Warrant SecurityShare, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2 cents) per Warrant Share.

Appears in 1 contract

Sources: Warrant Agreement (Perma Fix Environmental Services Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock Warrant Securities issuable upon the exercise of the Warrants; or; (b) If the amount of such said adjustment shall be less than two cents ($.022 (cents)) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2 (cents)) per Warrant Security.

Appears in 1 contract

Sources: Representative's Warrant Agreement (International Isotopes Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of --------------------------------------------------- the Exercise Price shall be made: (a) Upon upon the issuance or sale of the Warrants Series__ Warrant or the shares of Common Stock issuable upon the exercise of the WarrantsSeries__ Warrant; or (b) If the amount of such said adjustment shall be less than two (2) cents ($.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two (2) cents ($per Warrant Security.

Appears in 1 contract

Sources: Warrant Agreement (New York Health Care Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: : (a) Upon the issuance or sale of the Warrants or the shares of Common Stock Ordinary Shares issuable upon the exercise of the Warrants, or the options, rights and Warrants issued and outstanding on the date hereof; or or (b) If the amount of such said adjustment shall be less than two 2 cents ($.02) per Warrant SecurityOrdinary Share, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two 2 cents ($.

Appears in 1 contract

Sources: Placement Agent Warrant Agreement (Nur Macroprinters LTD)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Common Stock Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants, upon exercise of the Warrants or the issuance of the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such said adjustment shall be less than two cents one cent ($.021(cent)) per Warrant Securityshare, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time tine of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents one cent ($1(cent)) per share.

Appears in 1 contract

Sources: Warrant Agreement (RDM Sports Group Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants to the Underwriters or the shares of Common Stock issuable issued upon the exercise of the Warrants; or; (b) If the amount of such said adjustment shall be less than two cents ($.020.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2CENTS) per Warrant Security.

Appears in 1 contract

Sources: Underwriter's Warrant Agreement (Vicon Industries Inc /Ny/)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants Warrant or the shares of Common Stock Ordinary Shares issuable upon the exercise of the WarrantsWarrant, or the options, rights and Warrant issued and outstanding on the date hereof; or (b) If the amount of such said adjustment shall be less than two 2 cents ($.02) per Warrant SecurityOrdinary Share, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two 2 cents ($.02) per Ordinary Share.

Appears in 1 contract

Sources: Warrant Agreement (Nur Macroprinters LTD)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants to Underwriter or the shares of Common Stock issuable issued upon the exercise of the Warrants; or or (b) If the amount of such said adjustment shall be less than two cents ($.020.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($0.02) per Warrant Security.

Appears in 1 contract

Sources: Underwriter's Warrant Agreement (Omnicorder Technologies Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such said adjustment shall be less than two cents ($.022[c]) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2[c]) per Warrant Security.

Appears in 1 contract

Sources: Representative's Warrant Agreement (Snowdance Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such adjustment shall be less than two cents ($.020.2) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($.

Appears in 1 contract

Sources: Warrant Agreement (Aviation Group Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such said adjustment shall be less than two cents ($.022(cent)) per Warrant SecurityShare, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2(cent)) per Warrant Share.

Appears in 1 contract

Sources: Placement Agent Warrant Agreement (C-Phone Corp)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such said adjustment shall be less than two cents ($.02.2) per Warrant SecurityShare, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2(cent)) per Warrant Share.

Appears in 1 contract

Sources: Underwriting Agreement (Infocure Corp)

No Adjustment of Exercise Price in Certain Cases. No adjustment of ------------------------------------------------ of the Exercise Price shall be made: (a) Upon upon the issuance or sale of the Warrants Series__ Warrant or the shares of Common Stock issuable upon the exercise of the WarrantsSeries__ Warrant; or (b) If the amount of such said adjustment shall be less than two (2) cents ($.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two (2) cents ($per Warrant Security.

Appears in 1 contract

Sources: Warrant Agreement (New York Health Care Inc)

No Adjustment of Exercise Price in Certain Cases. No ------------------------------------------------ adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or. (b) If the amount of such said adjustment shall be less than two cents ($.022c) per Warrant Security, security issuable upon exercise of the Warrants; provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2c) per security issuable upon exercise of the Warrants.

Appears in 1 contract

Sources: Placement Agent Warrant Agreement (Careside Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Underwriter's Warrants or the shares of Common Preferred Stock issuable upon the exercise of the Underwriter's Warrants; or (b) If the amount of such said adjustment shall be less than two cents ($.022(cent)) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2(cent)) per Warrant Security.

Appears in 1 contract

Sources: Underwriting Agreement (Awg LTD)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance conversion or sale of the Warrants or the shares of Common Stock issuable upon the exercise of securities outstanding on the Warrantsdate hereof; or (b) If the amount of such said adjustment shall be less than two cents ($.02) per Warrant Security, Warrant; provided, however, that in such case any adjustment that -------- ------- would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($..02)

Appears in 1 contract

Sources: Warrant Agreement (Medcross Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment of ------------------------------------------------ of the Exercise Price shall be made: (a) Upon upon the issuance or sale of the Warrants Series D Warrant or the shares of Common Stock issuable upon the exercise of the WarrantsSeries D Warrant; or (b) If the amount of such said adjustment shall be less than two (2) cents ($.02) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two (2) cents ($per Warrant Security.

Appears in 1 contract

Sources: Warrant Agreement (New York Health Care Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or; (b) If the amount of such said adjustment shall be less than two cents ($.022(cent)) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2(cents)) per Warrant Security.

Appears in 1 contract

Sources: Advisors' Warrant Agreement (Intervu Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a1) Upon the issuance or sale of the Underwriter's Warrants or the shares of Common Stock issuable upon the exercise of the Underwriter's Warrants; or (b2) If the amount of such said adjustment shall be less than two cents ($.022(cent)) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2(cent)) per Warrant Security.

Appears in 1 contract

Sources: Underwriter's Warrant Agreement (United States Financial Group Inc /Ny)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such said adjustment shall be less than two cents 1 cent ($.02.01) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents 1 cent ($..01)

Appears in 1 contract

Sources: Warrant Agreement (Amerinet Group Com Inc)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made:. (a) Upon the issuance or sale of the Warrants or the shares of Common Stock Ordinary Shares issuable upon the exercise of the WarrantsWarrants or the options, rights and Warrants issued and outstanding on the date hereof; or (b) If the amount of such said adjustment shall be less than two 2 cents ($.02) per Warrant SecurityOrdinary Share, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two 2 cents ($.02) per Ordinary Share.

Appears in 1 contract

Sources: Warrant Agreement (Nur Macroprinters LTD)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or (b) If the amount of such said adjustment shall be less than two cents ($.020.02) per Warrant SecurityShare, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($0.02) per Warrant Share.

Appears in 1 contract

Sources: Representative's Warrant Agreement (Igx Corp/De)

No Adjustment of Exercise Price in Certain Cases. No adjustment of ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Warrants or the shares of Common Stock issuable upon the exercise of the Warrants; or; (b) If the amount of such said adjustment shall be less than two cents ($.022c) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2c) per Warrant Security.

Appears in 1 contract

Sources: Representative's Warrant Agreement (Flanders Corp)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a1) Upon the issuance or sale of the Representatives' Warrants or the shares of Common Preferred Stock issuable upon the exercise of the Representatives' Warrants; or (b2) If the amount of such said adjustment shall be less than two cents ($.022 cents) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2 cents) per Warrant Security.

Appears in 1 contract

Sources: Underwriting Agreement (Awg LTD)

No Adjustment of Exercise Price in Certain Cases. No adjustment ------------------------------------------------ of the Exercise Price shall be made: (a) Upon the issuance or sale of the Representatives' Warrants or the shares of Common Preferred Stock issuable upon the exercise of the Representatives' Warrants; or (b) If the amount of such said adjustment shall be less than two cents ($.022(cent)) per Warrant Security, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least two cents ($2(cent)) per Warrant Security.

Appears in 1 contract

Sources: Underwriting Agreement (Awg LTD)