Common use of Notices to Warrantholder Clause in Contracts

Notices to Warrantholder. Upon the happening of any event requiring an adjustment of the Conversion Price, the Warrant Price or the number of Warrant Shares, the Company shall promptly give written notice thereof to the Warrantholder at the address appearing in the records of the Company, stating the adjusted Conversion Price, Warrant Price and the adjusted number of Warrant Shares resulting from such event and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Failure to give such notice to the Warrantholder or any defect therein shall not affect the legality or validity of the subject adjustment.

Notices to Warrantholder. Upon the happening of any event requiring an adjustment of the Conversion Warrant Price, the Warrant Price or the number of Warrant Shares, the Company shall promptly forthwith give written notice thereof to the Warrantholder at the address appearing in the records of the Company, stating the adjusted Conversion Price, Warrant Price and the adjusted number of Warrant Shares resulting from such event and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. The Company's independent certified public accountants shall make the calculations of any such adjustments. Failure to give such notice to the Warrantholder or any defect therein shall not affect the legality or validity of the subject adjustment.

Notices to Warrantholder. (a) Upon the happening of any event requiring an adjustment of the Conversion Price, the Warrant Price or the number of Warrant SharesShares acquirable upon exercise of this Warrant, the Company shall promptly give written notice thereof to the Warrantholder at the address appearing in the records of the Company, stating the adjusted Conversion Price, Warrant Price and the adjusted number of Warrant Shares acquirable upon exercise of this Warrant resulting from such event and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Failure to give such notice to the Warrantholder or any defect therein shall not affect the legality or validity of the subject adjustment.

Notices to Warrantholder. Upon the happening of any event requiring an adjustment of the Conversion Price, the Warrant Price or and/or to the number of Warrant SharesShares covered by this Warrant, the Company shall promptly give written notice thereof to the Warrantholder at the address appearing in the records of the Company, stating the adjusted Conversion Price, Warrant Price and the adjusted number of Warrant Shares resulting from such event and setting forth in reasonable detail the method of calculation and the facts upon which such calculation is based. Failure to give such notice to the Warrantholder or any defect therein shall not affect the legality or validity of the subject adjustment.