Adjustment Notices Clause Samples
The Adjustment Notices clause establishes the process by which parties inform each other of changes that affect the terms of their agreement, such as price adjustments, delivery schedules, or quantities. Typically, this clause outlines the required format, timing, and method for delivering such notices, ensuring that all parties are promptly and formally made aware of any modifications. Its core function is to maintain transparency and prevent disputes by providing a clear mechanism for communicating and acknowledging contractual changes.
Adjustment Notices. Upon any adjustment of the Exercise Price, and any increase or decrease in the number of Warrant Shares subject to this Warrant, in accordance with this Section 2, the Company, within 30 days thereafter, shall give written notice thereof to the Holder at the address of such Holder as shown on the books of the Company, which notice shall state the Exercise Price as adjusted and, if applicable, the increased or decreased number of Warrant Shares subject to this Warrant, setting forth in reasonable detail the method of calculation of each such adjustment.
Adjustment Notices. (i) Promptly following, but in no event later than one (1) Business Day after, any adjustment of the Conversion Price pursuant to Section 8(a), the Corporation will give written notice thereof to each Holder, setting forth in reasonable detail and certifying the calculation of such adjustment.
(ii) The Corporation will give written notice to each Holder at least ten (10) days prior to the date on which the Corporation closes its books or takes a record (A) with respect to any dividend or distribution upon the Common Stock, (B) with respect to any pro rata subscription offer to holders of Common Stock, or (C) for determining rights to vote with respect to any Fundamental Transaction or winding-up, dissolution or liquidation of the Corporation; provided, however, that in no event shall such notice be provided to any Holder prior to such information being made known to the public.
(iii) The Corporation will give written notice to each Holder at least ten (10) days prior to the date on which any Fundamental Transaction, dissolution or liquidation will take place, and in no event shall such notice be provided to any Holder prior to such information being made known to the public.
Adjustment Notices. Promptly after any adjustment of the Exercise Price or the number of Warrant Shares, the Company shall give written notice to the Registered Holder, setting forth in reasonable detail the calculation of such adjustment. The Registered Holder and its accountants and other professional representatives may make reasonable inquiries of the Company regarding questions or disagreements concerning the adjustment calculation set forth in the notice delivered by the Company pursuant to this paragraph, and the Company shall use its commercially reasonable efforts to cooperate with and respond to such inquiries.
Adjustment Notices. Whenever the number of Conversion Shares to be issued upon conversion is adjusted as provided in Section 2.5, the Company shall promptly deliver to Purchaser written notice setting forth the revised number of Conversion Shares with a statement of facts regarding the adjustment and the computation thereof.
Adjustment Notices. In case:
Adjustment Notices. Upon any increase or decrease in the Option Purchase Price the Company shall, within 30 days thereafter, deliver written notice thereof to all Series B Holders, which notice shall state the adjusted Option Purchase Price, setting forth in reasonable detail the method of calculation and the facts upon which such calculations are based.
Adjustment Notices. Whenever the Conversion Price is adjusted as provided in Section 2.3, Company shall promptly deliver to Purchaser written notice setting forth the revised Conversion Price with a statement of facts regarding the adjustment and the computation thereof.