Common use of Adjustment Rules Clause in Contracts

Adjustment Rules. (i) Any adjustments pursuant to this Section 11 shall be made successively whenever any event referred to herein shall occur, except that, notwithstanding any other provision of this Section 11, no adjustment shall be made to the number of Warrant Shares to be delivered to the Holder (or to the Exercise Price) if such adjustment represents less than 1% of the number of Warrant Shares previously required to be so delivered, but any lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall amount to 1% or more of the number of Warrant Shares to be so delivered.

Appears in 11 contracts

Samples: Securities Purchase Agreement (GTX Inc /De/), Securities Purchase Agreement (GTX Inc /De/), OncoCyte Corp

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Adjustment Rules. (ia) Any adjustments pursuant to this Section 11 2 shall be made successively whenever any an event referred to herein shall occur, except that, notwithstanding any other provision of this Section 112, no adjustment shall be made to the number of Warrant Shares to be delivered to the Holder (or to the Exercise Price) if such adjustment represents less than 1% of the number of Warrant Shares shares previously required to be so delivered, but any lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall amount to 1% or more of the number of Warrant Shares shares to be so delivered.

Appears in 3 contracts

Samples: Dean & Deluca Inc, Dean & Deluca Inc, Dean & Deluca Inc

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Adjustment Rules. (i) Any adjustments pursuant to this Section 11 9 shall be made successively whenever any an event referred to herein shall occur, except that, notwithstanding any other provision of this Section 119, no adjustment shall be made to the number of Warrant Shares to be delivered to the Holder (or to the Exercise Price) Price if such adjustment represents less than 1/2 of 1% of the number of Warrant Shares previously required to be so deliveredthen outstanding, but any lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall amount to 1/2 of 1% or more of the such number of Warrant Shares to be so deliveredShares.

Appears in 1 contract

Samples: Warrant Agreement (Ladish Co Inc)

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