Common use of No Change Necessary Clause in Contracts

No Change Necessary. The form of this Warrant need not be changed because of any adjustment in the amount of Warrant Shares issuable upon its exercise. A Warrant issued after any adjustment upon any partial exercise or in replacement may continue to express the same amount of Warrant Shares (appropriately reduced in the case of partial exercise) as are stated in this Warrant as initially issued, and that number of Warrant Shares shall be considered to have been so changed at the close of business on the date of adjustment.

Appears in 2 contracts

Samples: Technology and Intellectual Property Purchase Agreement (Next Fuel, Inc.), Next Fuel, Inc.

AutoNDA by SimpleDocs

No Change Necessary. The form of this Warrant need not be changed because of any adjustment in the amount of Warrant Shares issuable upon its exercise. A Warrant issued after any adjustment upon any partial exercise or in replacement may continue to express the same amount of Warrant Shares (appropriately reduced in the case of partial exercise) as are stated in on the face of this Warrant as initially issued, and that number of Warrant Shares shares shall be considered to have been so changed at the close of business on the date of adjustment.

Appears in 2 contracts

Samples: Temtex Industries Inc, Temtex Industries Inc

AutoNDA by SimpleDocs

No Change Necessary. The form of this Warrant need not be changed because of any adjustment in the amount of Warrant Shares issuable upon its exercise. A Warrant issued after any adjustment upon any partial exercise or in replacement may continue to express the same amount of Warrant Shares (appropriately reduced in the case of partial exercise) as are stated in on the face of this Warrant as initially issued, and that number of Warrant Shares shares shall be considered to have been so changed at as of the close of business on the date of adjustment.

Appears in 1 contract

Samples: Informax Inc

Time is Money Join Law Insider Premium to draft better contracts faster.