Amended and Restated Warrant Clause Samples

An Amended and Restated Warrant clause serves to formally modify and replace the terms of an existing warrant agreement. This clause outlines the specific changes being made to the original warrant, such as adjustments to exercise price, expiration date, or the number of shares purchasable, and clarifies that the new terms supersede the previous version. Its core practical function is to ensure that all parties are operating under a single, updated set of terms, thereby reducing confusion and potential disputes regarding the warrant's provisions.
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Amended and Restated Warrant. The Lender shall have received an Amended Warrant, in the form of Exhibit A hereto, fully executed by the Borrower.
Amended and Restated Warrant. Upon the request of the Holder and receipt by the Company of the original Warrant, the Company will provide the Holder with an Amended and Restated Warrant, reflecting the amendments described herein.
Amended and Restated Warrant. In connection and to facilitate the stated intent of the Company and the Lenders in the recitals, among other things, the parties consent and agree that the 2017 Warrants issued to all Purchasers are further hereby amended and restated substantially in the form attached hereto as Exhibit B (the “Second Amended and Restated Warrant”). The Company shall execute and deliver the Second Amended and Restated Warrant to each Purchaser.
Amended and Restated Warrant. Borrower shall issue to Lender an Amended and Restated Warrant, which will fully replace and supersede the existing Warrant, in form and substance satisfactory to Lender in its sole discretion. The Amended and Restated Warrant will be issued for 0.75% of the fully diluted shares outstanding of common stock and shall expire on the tenth (10th) anniversary of the First Amendment Effective Date.
Amended and Restated Warrant. Upon the occurrence of a Qualified IPO, the Company shall issue an Amended and Restated Warrant as a replacement for this Warrant (the “Replacement Warrant”). The Replacement Warrant shall specify the number of shares of the Company’s Common Stock for which it is exercisable (calculated in accordance with Section 1 hereof) and the exercise price for such shares of the Company’s Common Stock (calculated in accordance with Section 1 hereof). Upon the issuance of the Replacement Warrant, this Warrant shall automatically be cancelled and the Holder shall cease to have any rights under this Warrant. To receive the Replacement Warrant, the Holder shall surrender this Warrant to the Company or its designee for cancellation; provided, however, that the cancellation of this Warrant shall be effective at the time the Replacement Warrant is issued, whether or not the Holder has surrendered this Warrant for cancellation.” (D) For all purposes, each and every reference to the word “Unit,” “Units,” “unit,” “units,” “Unitholder,” “Unitholders,” “unitholder” and “unitholders” in the Bridge Warrants shall be deemed to be references to the words “Share,” “Shares,” “share,” “shares,” “Shareholder” “Shareholders,” “shareholder” and “shareholders” respectively, provided, however, that the phrase “unit of securities” in the last sentence of Section 1.1 shall remain unchanged.
Amended and Restated Warrant. Borrower shall have taken all corporate actions required to and shall have authorized, executed and delivered that certain Amended and Restated Warrant of even date herewith, amending and restating the Warrant issued to PFG on the Original Issue Date (as defined in the Amended and Restated Warrant).
Amended and Restated Warrant. The Warrant is hereby amended and restated in its entirety with the Amended and Restated Warrant attached hereto as Exhibit A.
Amended and Restated Warrant. Concurrent with the effectiveness of this Amendment, the Company will issue to the Purchasers an amended and restated Warrant as contemplated by Recital C above, with one-half of such amended and restated Warrant being issued to each Purchaser. The Parties acknowledge and agree that such amended and restated Warrant supersedes and replaces in its entirety the Warrant issued pursuant to the Agreement. The Purchasers will promptly deliver to the Company for cancellation the original Warrant.

Related to Amended and Restated Warrant

  • Amended and Restated Agreement This Agreement amends and restates, in its entirety, and replaces, the Prior Loan Agreement. This Agreement is not intended to, and does not, novate the Prior Loan Agreement and Borrower reaffirms that the existing security interest created by the Prior Loan Agreement is and remains in full force and effect.

  • Amended and Restated Credit Agreement (a) This Agreement shall amend and restate the Existing Credit Agreement in its entirety. Without limiting the generality of the foregoing, (a) the Existing Credit Agreement is merged and incorporated into this Agreement and (b) this Agreement shall supersede and control any inconsistent provision in the Existing Credit Agreement. All references in the Loan Documents (including the Existing Loan Documents) to the Existing Credit Agreement are hereby modified and shall now be deemed to refer to this Agreement. All references in the Loan Documents (including the Existing Loan Documents) to the Obligations, the Notes, the Loan Documents and other terms defined herein are hereby modified and shall now be deemed to refer to such terms and items as defined or described in this Agreement. The Guaranty shall guarantee the Notes and the Guaranteed Obligations as defined and described in this Agreement. Without limiting the foregoing and in confirmation of the Liens intended to be granted pursuant to the Loan Documents (including any Existing Loan Documents), each Loan Party grants, conveys, and assigns to the Administrative Agent, as agent for the Lenders, a lien against and security interest in all collateral (if any) described in such Loan Documents as security for the Guaranteed Obligations. Except as modified hereby or by any other Loan Document (whether dated as of or prior to the Agreement Date) which expressly modifies any of the Existing Loan Documents, all of the terms and provisions of the Existing Loan Documents (including schedules and exhibits thereto), and the indebtedness, duties and obligations thereunder, are ratified and affirmed in all respects and shall remain in full force and effect. This Agreement shall not, however, constitute a novation of the Loan Parties’ indebtedness, duties and obligations under or with respect to the Existing Loan Documents, the Existing Loans thereunder or the Existing Letters of Credit issued thereunder. (b) In furtherance of the foregoing, on the Agreement Date (i) all outstanding Existing Loans shall continue to be Revolving Loans hereunder and each applicable Existing Lender shall be deemed to sell, and each New Lender and each Existing Lender whose Revolving Commitments are increasing on the Agreement Date shall be deemed to purchase, an interest therein as required to establish Revolving Loans for each of the Revolving Lenders based on such Revolving Lender’s Revolving Commitment Percentage, and the Administrative Agent shall make such transfers of funds as are necessary in order that the outstanding balances of such Revolving Loans and any other Revolving Loans funded on the Agreement Date, reflect the Revolving Commitments of the Lenders hereunder; (ii) all Existing Letters of Credit shall continue to be Letters of Credit hereunder and each applicable Existing Lender that is a Revolving Lender shall be deemed to sell, and each New Lender and each Existing Lender whose Revolving Commitments are increasing on the Agreement Date shall be deemed to purchase, an interest therein as required to establish the Letter of Loan Participations therein in accordance with its respective Revolving Commitment Percentage; (iii) there shall have been credited to the Existing Lenders all accrued but unpaid interest due on the Existing Loans and Existing Letters of Credit to but excluding the Agreement Date; and (iv) there shall have been credited to the Existing Lenders all accrued but unpaid fees under the Existing Loans and Existing Letters of Credit owing to but excluding the Agreement Date and all other amounts, costs and expenses then owing to any of the Existing Lenders and/or the Administrative Agent under the Existing Credit Agreement, regardless of whether such amounts would otherwise be due and payable at such time pursuant to the terms of the Existing Credit Agreement. (c) On the Effective Date, the commitment of each Lender that is a party to the Existing Credit Agreement, but not a party to this Agreement (other than for purposes of this Section 13.22) (an “Exiting Lender”), shall be terminated, all outstanding obligations owing to such Exiting Lenders under the Existing Credit Agreement on the Effective Date shall be paid in full as provided in this Section, and each Exiting Lender shall cease to be a Lender under this Agreement; provided, however, that, notwithstanding anything else provided herein or otherwise, any rights of an Exiting Lender under the Loan Documents that are intended by their express terms to survive termination of the Revolving Commitments and/or the repayment, satisfaction or discharge of obligations under any Loan Document shall survive for such Exiting Lender hereunder.

  • Amended and Restated Trust Agreement This Trust Agreement is the amended and restated trust agreement contemplated by the Trust Agreement dated as of [___], 20[___], between the Depositor and the Owner Trustee (the “Initial Trust Agreement”). This Trust Agreement amends and restates in its entirety the Initial Trust Agreement.

  • Amendment of Rights Agreement The Rights Agreement is hereby amended as follows: (a) Section 1 of the Rights Agreement is hereby amended by inserting the following subsections at the end of such Section 1:

  • Amendment of Existing Warrant Agreement The Company and the Warrant Agent hereby amend the Existing Warrant Agreement as provided in this Section 2, effective as of the Merger Effective Time, and acknowledge and agree that the amendments to the Existing Warrant Agreement set forth in this Section 2 are necessary or desirable and that such amendments do not adversely affect the interests of the registered holders: