Common use of Accountants' Certificate as to Adjustments Clause in Contracts

Accountants' Certificate as to Adjustments. In each case of an adjustment in the shares of Stock receivable on the exercise of this Warrant, the Company shall, or at the written request of BCF, shall cause, at the Company's expense, independent public accountants of recognized standing selected by the Company (who may be the independent public accountants then auditing the books of the Company) to, compute such adjustment in accordance with the terms of this Warrant and prepare a certificate setting forth such adjustment and showing in detail the facts upon which such adjustment is based. The Company will forthwith mail a copy of each such certificate to the holder of this Warrant.

Appears in 4 contracts

Samples: Warrant And (World Wide Magic Net Inc), Warrant And (World Wide Magic Net Inc), Warrant And (World Wide Magic Net Inc)

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