When De Minimis Adjustment May Be Deferred. No adjustment in the number of Warrant Shares issuable upon exercise of one Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in the number of Warrant Shares issuable upon exercise of one Warrant. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section shall be made to the nearest 1/100th of a share.
Appears in 10 contracts
Sources: Warrant Agreement (Geokinetics Inc), Warrant Agreement (Geokinetics Inc), Warrant Agreement (Oci Holdings Inc)
When De Minimis Adjustment May Be Deferred. No adjustment in the number of Warrant Shares issuable upon exercise of one Warrant need purchasable hereunder shall be made required unless the such adjustment would require an increase or decrease of at least one percent (1% %) in the number of Warrant Shares issuable purchasable upon the exercise of one each Warrant. Any , provided that any adjustments that which by reason of this paragraph (f) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section shall be made to the nearest 1/100th one-thousandth of a shareWarrant Share and the nearest cent.
Appears in 5 contracts
Sources: Warrant Agreement (Mercury Finance Co), Warrant Agreement (Mercury Finance Co), Warrant Agreement (MFN Financial Corp)
When De Minimis Adjustment May Be Deferred. No adjustment in the number of Warrant Shares issuable upon exercise or exchange of one this Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in the number of Warrant Shares issuable upon exercise or exchange of one this Warrant. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section shall be made to the nearest 1/100th 1/1000th of a shareshare or to the nearest 1/10th of a cent, as the case may be.
Appears in 1 contract
When De Minimis Adjustment May Be Deferred. No adjustment in the number of Warrant Shares issuable upon exercise or exchange of one this Warrant need be made unless the adjustment would require an increase or decrease of at least 1% in the number of Warrant Shares issuable upon exercise or exchange of one this Warrant. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section shall be made to the nearest 1/100th of a shareshare or to the nearest 1/10th of a cent, as the case may be.
Appears in 1 contract