Rounding of Calculations; Minimum Adjustment. All calculations under this Section 13.4(a) shall be made to the nearest $.05 or to the nearest one hundredth (1/100th) of a share, as the case may be. Any provision of this Section 13.4 to the contrary notwithstanding, no adjustment in the Conversion Price shall be made if the amount of such adjustment would be less than one percent, but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate one percent or more.
Appears in 3 contracts
Sources: Note Agreement (Gp Strategies Corp), Debenture Agreement (Earthcare Co), Note Agreement (Nestor Inc)