Common use of Rounding of Calculations; Minimum Adjustments Clause in Contracts

Rounding of Calculations; Minimum Adjustments. All calculations under this Section 13 shall be made to the nearest one-tenth (1/10th) of a cent or to the nearest one-hundredth (1/100th) of a share, as the case may be. No adjustment in the Exercise Price or the number of Shares into which this Warrant is exercisable is required if the amount of such adjustment would be less than $0.01 or one-tenth (1/10th) of a share of Common Stock, as the case may be; provided, however, that any adjustments which by reason of this Section 13(F) are not required to be made will be carried forward and given effect in any subsequent adjustment.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Proxim Corp), Securities Purchase Agreement (Proxim Corp), Securities Purchase Agreement (Proxim Corp)

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Rounding of Calculations; Minimum Adjustments. All calculations under this Section 13 shall be made to the nearest one-tenth (1/10th) of a cent or to the nearest one-hundredth hundreth (1/100th) of a share, as the case may be. No adjustment in the Exercise Price or the number of Shares into which this Warrant is exercisable is required if the amount of such adjustment would be less than $0.01 or one-tenth (1/10th) of a share of Common Stock, as the case may be; provided, however, that any adjustments which by reason of this Section 13(F13(G) are not required to be made will be carried forward and given effect in any subsequent adjustment.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Avaya Inc)

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Rounding of Calculations; Minimum Adjustments. All calculations under this Section 13 12 shall be made to the nearest one-tenth thousandth (1/10th1/1000th) of a cent or to the nearest one-hundredth (1/100th) of a share, as the case may be. No Any provision of this Section 12 to the contrary notwithstanding, no adjustment in the Exercise Price or the number of Shares into which this Warrant is exercisable is required shall be made if the amount of such adjustment would be less than $0.01 0.0001 or one-tenth hundredth (1/10th1/100th) of a share of Common Stock, as the case may be; provided, however, that any adjustments which by reason of this Section 13(F) are not required to be made will be carried forward and given effect in any subsequent adjustment.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hollywood Media Corp)

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