Common use of When De Minimis Adjustment May Be Deferred Clause in Contracts

When De Minimis Adjustment May Be Deferred. No adjustment in the Exercise Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Exercise Price. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.

Appears in 18 contracts

Samples: Exchange Agreement and Plan of Reorganization (Vitesse Semiconductor Corp), Recapitalization Agreement (Global Crossing LTD), Warrant Agreement (Dep Corp)

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When De Minimis Adjustment May Be Deferred. No adjustment in the Exercise Price need be made unless the adjustment would require an on increase or decrease of at least 1% in the Exercise Price. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section shall be made to the nearest cent or to the nearest 1/100th of a share, share as the case may be.

Appears in 12 contracts

Samples: Warrant Agreement (Cbre Holding Inc), Warrant Agreement (Wirta Raymond E), Warrant Agreement (White W Brett)

When De Minimis Adjustment May Be Deferred. No adjustment in the Exercise Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Exercise Price. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 7 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be, it being understood that no such rounding shall be made under Section 7(j).

Appears in 3 contracts

Samples: Warrant Agreement (National Coal Corp), Warrant Agreement (National Coal Corp), Warrant Agreement (National Coal Corp)

When De Minimis Adjustment May Be Deferred. No adjustment in the Exercise Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Exercise Price. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 14 shall be made to the nearest 1/1000th of a cent or to the nearest 1/100th 1/1000th of a share, as the case may be.

Appears in 2 contracts

Samples: Warrant Agreement (Color Spot Nurseries Inc), Warrant Agreement (Color Spot Nurseries Inc)

When De Minimis Adjustment May Be Deferred. No adjustment in the Exercise Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Exercise Price. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 14 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be.

Appears in 1 contract

Samples: Warrant Agreement (Olympic Financial LTD)

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When De Minimis Adjustment May Be Deferred. No adjustment in the Exercise Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Exercise Price. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section SECTION 8 shall be made to the nearest cent or to the nearest 1/100th of a share, as the case may be, it being understood that no such rounding shall be made under SECTION 8(P).

Appears in 1 contract

Samples: Warrant Agreement (National Coal Corp)

When De Minimis Adjustment May Be Deferred. No adjustment in the Exercise Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Exercise Price. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Section 8 shall be made to the nearest cent or to the nearest 1/100th 1/10,000th of a share, as the case may be, it being understood that no such rounding shall be made under subsection (p).

Appears in 1 contract

Samples: Warrant Agreement (Merrill Corp)

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