Common use of Insignificant Changes Clause in Contracts

Insignificant Changes. Anything herein to the contrary notwithstanding, no adjustment in the Purchase Price shall be required unless such adjustment would require an increase or decrease of at least 1% in the Purchase Price; provided, however, that any adjustments which by reason of this Section 11(e) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 11 shall be made to the nearest cent or to the nearest ten-thousandth of an Ordinary Share. Notwithstanding the first sentence of this Section 11(e), any adjustment required by this Section 11 shall be made no later than the earlier of (i) three years from the date of the transaction which mandates such adjustment or (ii) the Expiration Date.

Appears in 5 contracts

Samples: Rights Agreement (The9 LTD), Rights Agreement (360 DigiTech, Inc.), Rights Agreement (ReneSola LTD)

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Insignificant Changes. Anything herein to the contrary notwithstanding, no No adjustment in the Purchase Price shall be required unless such adjustment would require an increase or decrease of at least 1% in the Purchase Price; provided, however, that any . Any adjustments which by reason of this Section 11(e) 11.5 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 11 shall be made to the nearest cent or to the nearest one-millionth of a Preferred Share or the nearest one ten-thousandth of an Ordinary Sharea Common Share or other share or security, as the case may be. Notwithstanding the first sentence of this Section 11(e)11.5, any adjustment required by this Section 11 shall be made no later than the earlier of (i) three years from the date of the transaction which mandates that mandate such adjustment adjustment, or (ii) the Expiration Date.

Appears in 2 contracts

Samples: Rights Agreement (Biomarin Pharmaceutical Inc), Rights Agreement (Biomarin Pharmaceutical Inc)

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