Common use of Adjustment to Number of Adjustment Shares Clause in Contracts

Adjustment to Number of Adjustment Shares. Whenever there is an adjustment pursuant to any provision of Section 1(b)(vii), the Company shall promptly mail to each Buyer a notice setting forth the adjustment to the number of Adjustment Shares and setting forth a brief statement of the facts requiring such adjustment.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Digital Domain Media Group, Inc.), Securities Purchase Agreement (KIT Digital, Inc.)

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Adjustment to Number of Adjustment Shares. Whenever there is an adjustment pursuant to any provision of Section 1(b)(vii1.b(v), the Company shall promptly mail to each Buyer a notice setting forth the adjustment to the number of Adjustment Shares and setting forth a brief statement of the facts requiring such adjustment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Marshall Edwards Inc)

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Adjustment to Number of Adjustment Shares. Whenever there is an adjustment pursuant to any provision of Section 1(b)(vii2.4(f), the Company shall promptly mail to each Buyer Purchaser a notice setting forth the adjustment to the number of Adjustment Shares and setting forth a brief statement of the facts requiring such adjustment.

Appears in 1 contract

Samples: Securities Purchase Agreement (Altair Nanotechnologies Inc)

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