Common use of Notice of Change in Warrant Clause in Contracts

Notice of Change in Warrant. Whenever the number of Shares purchasable hereunder or the Exercise Price therefor is adjusted as herein provided, the Company shall cause to be mailed to the Holder a notice (i) stating that the number of Shares purchasable upon exercise of this Warrant and/or the Exercise Price has been adjusted, (ii) setting forth the adjusted number of Shares purchasable and/or the adjusted Exercise Price upon the exercise of this Warrant and (iii) showing in reasonable detail the computations and the facts upon which such adjustments are based. The Company's board of directors, acting in good faith, shall determine the calculation.

Notice of Change in Warrant. Whenever the number of Shares purchasable hereunder or the Exercise Price therefor is adjusted as herein provided, the Company shall cause to be mailed to the Holder a notice (i) stating that the number of Shares purchasable upon exercise of this Warrant and/or the Exercise Price has been adjusted, ; (ii) setting forth the adjusted number of Shares purchasable and/or the adjusted Exercise Price upon the exercise of this Warrant Warrant; and (iii) showing in reasonable detail the computations and the facts upon which such adjustments are based. The Company's board of directors, acting in good faith, shall determine the calculation.

Notice of Change in Warrant. Whenever the number of Shares --------------------------- purchasable hereunder or the Exercise Price therefor is adjusted as herein provided, the Company shall cause to be mailed to the Holder a notice (i) stating that the number of Shares purchasable upon exercise of this Warrant and/or the Exercise Price has been adjusted, (ii) setting forth the adjusted number of Shares purchasable and/or the adjusted Exercise Price upon the exercise of this Warrant and (iii) showing in reasonable detail the computations and the facts upon which such adjustments are based. The Company's board of directors, acting in good faith, shall determine the calculation.