Rounding of Calculations; Minimum Adjustment. All calculations under this subsection (f) shall be made to the nearest cent ($0.01) or to the nearest one hundredth (1/100th) of a share, as the case may be. Any provision of this Section 5 to the contrary notwithstanding, no adjustment in the applicable Conversion Price shall be made if the amount of such adjustment would be less than five cents ($0.05), but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate five cents ($0.05) or more.
Appears in 2 contracts
Samples: Shareholders Agreement (O'Gara Group, Inc.), Shareholders Agreement (O'Gara Group, Inc.)
Rounding of Calculations; Minimum Adjustment. All calculations under this subsection (fSection 5(e) shall will be made to the nearest cent ($0.01) or to the nearest one hundredth (1/100th) of a share, as the case may be. Any provision of this Section 5 to the contrary notwithstanding, no adjustment in the applicable Conversion Price shall will be made if the amount of such adjustment would be less than five cents ($0.05), but any such amount shall will be carried forward and an adjustment with respect thereto shall will be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall will aggregate five cents ($0.05) 0.05 or more.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Illinova Corp), Agreement and Plan of Merger (Dynegy Inc)
Rounding of Calculations; Minimum Adjustment. All calculations under this subsection (fSection 5(h) shall be made to the nearest cent ($0.01) or to the nearest one hundredth (1/100th) of a share, as the case may be. Any provision of this Section 5 to the contrary notwithstanding, no adjustment in the applicable Conversion Price shall be made if the amount of such adjustment would be less than five cents ($0.05), 0.01; but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate five cents ($0.05) or 0.01 of more.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Draupnir LLC), Securities Purchase Agreement (Amcon Distributing Co)
Rounding of Calculations; Minimum Adjustment. All calculations under this subsection (f) Section 5.1.5 shall be made to the nearest cent ($0.01) or to the nearest one hundredth thousandth (1/100th1/1000th) of a share, as the case may be. Any provision of this Section 5 5.1.5 to the contrary notwithstanding, no adjustment in the applicable Initial Conversion Price shall be made if the amount of such adjustment would be less than five cents ($0.05), but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate five cents ($0.05) or more.such
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Harris James T)
