Amendments to Warrants Clause Samples
Amendments to Warrants a. As of the Effective Time, Section 1, EXERCISE OF WARRANT, of each Warrant shall be automatically amended, without any action on the part of any Person, by adding a new Section 1(h) at the end thereof, as follows:
Amendments to Warrants. The Warrants are hereby amended as follows: The Warrants shall be amended to provide that the Exercise Price is $3.00, with no corresponding adjustment in the number of shares issuable upon exercise of the Warrants (notwithstanding Section 4 of the Warrants); provided, however, with respect to any holder of Series C Preferred Stock that invests in Senior Securities in the New Offering (as such terms are defined in Section 2(c) above), a portion of the Warrants held by such holder (such portion to be determined based upon the same percentage of such holder's Series C Preferred Stock which received the one-time conversion price reset pursuant to Section 2(b)(i) above) shall receive a one-time rest of the Exercise Price (without adjustment of the number of shares issuable upon exercise of such warrants) to the initial, five-year exercise price of the warrants issued in the New Offering, subject to further adjustment only pursuant to the remaining provisions of the Warrants. The Company shall deliver a replacement Warrant(s), to each of the Original Purchasers within five (5) business days after close and funding of the new financing. Each Original Purchaser shall within five (5) business days after execution of this Agreement, return his, her or its original Warrant(s) to the Company for cancellation, which in any event shall be deemed cancelled upon issuance of the replacement Warrant(s) to such Original Purchaser.
Amendments to Warrants. The parties agree that each of the Warrants is hereby amended as follows (capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Warrant Agreements):
(a) The Purchase Price set forth in the introductory paragraph is hereby changed from "$1.625" to "$0.625."
(b) The Expiration Date is hereby changed from "January 27, 2003" to "November 1, 2003."
(c) Section 1.1 is hereby deleted and replaced with the following: "This Warrant may be exercised in whole or in part at any time, and from time to time, during the period commencing on the date of this Warrant and expiring on November 1, 2003."
Amendments to Warrants. Each of the Warrants are hereby amended as follows:
Amendments to Warrants. As consideration for the extension provided in Section 2 of this Amendment, CytoDyn hereby amends the pre-existing Warrants under the Agreement to provide as follows:
(a) The Exercise Price of all 30 million shares covered by the Warrants shall be $0.10 per share.
Amendments to Warrants. The Warrants shall be amended and restated, on the date hereof, in the form attached hereto as Exhibit A to reflect an amendment in the number of Warrant Shares and exercise price per Warrant Share.
Amendments to Warrants. Successories, Inc. shall have issued to Agent amendments to the four existing Warrants issued to Provident Financial Group, Inc. amending the Purchase Price to $5.85 per share and extending the expiration date of each Warrant by one year.
Amendments to Warrants. At the Closing, HA-LO shall execute and deliver to ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ amendments to the Warrants in the forms attached hereto as Exhibits B and C (the "Amendments to Warrants").
Amendments to Warrants. The Warrants are hereby as amended and restated to read in their entirety as set forth on Exhibit A hereto (as so amended, the Notes are sometimes hereinafter referred to as the “Amended Warrants”) and are hereby incorporated herein by this reference.
Amendments to Warrants. Each of the Warrants shall be amended as follows:
a. Each of the Warrants is amended to delete the date "April 1, 1995" wherever it appears therein and to substitute therefor the date "October 1, 1995." In addition, each of the Warrants is amended to delete the date "March 31, 1995" wherever it appears therein and to substitute therefor the date "September 30, 1995."
b. The second paragraph of the text of each of the Warrants is deleted in its entirety and substituted with the following paragraphs: "This Warrant has been issued pursuant to the requirements of that certain Senior Secured Credit Agreement dated as of May 12, 1994 between Aurora Electronics