Notices of Adjustments. When any adjustment is required to be made under Section 4, the Company shall promptly (a) determine such adjustments, (b) prepare and retain on file a statement describing in reasonable detail the method used in arriving at the adjustment; and (c) cause a copy of such statement, together with any agreement required by Section 5.5, to be mailed to the Holder within 10 days after the date on which the circumstances giving rise to such adjustment occurred.
Appears in 2 contracts
Sources: Note Purchase Agreement (Diametrics Medical Inc), Note Purchase Agreement (BCC Acquisition Ii LLC)
Notices of Adjustments. When any adjustment is required to be made ---------------------- under this Section 4, the Company shall promptly (ai) determine such adjustments, (bii) prepare and retain on file a statement describing in reasonable detail the method used in arriving at the adjustment; and (ciii) cause a copy of such statement, together with any agreement required by Section 5.5, to be mailed to the Holder within 10 days after the date on which the circumstances giving rise to such adjustment occurred.
Appears in 1 contract
Sources: Strategic Alliance Agreement (Interactive Flight Technologies Inc)