Common use of Issuance of New Warrant Clause in Contracts

Issuance of New Warrant. Upon the occurrence of any of the events listed in this Section 2 that results in an adjustment of the type, number or exercise price of the securities underlying this Warrant, the Registered Holder shall have the right to receive a new warrant reflecting such adjustment upon the Registered Holder tendering this Warrant in exchange. The new warrant shall otherwise have terms identical to this Warrant.

Appears in 2 contracts

Sources: Loan Agreement (Fashion House Holdings Inc), Loan Agreement (Fashion House Holdings Inc)

Issuance of New Warrant. Upon the occurrence of any of the events listed in this Section 2 4 that results in an adjustment of the type, number or exercise price Exercise Price of the securities underlying this Warrant, the Registered Holder shall have the right to receive a new warrant reflecting such adjustment upon the tender by the Registered Holder tendering of this Warrant in exchangeexchange therefor. The terms of such new warrant shall otherwise have terms be identical to this Warrant.

Appears in 1 contract

Sources: Note Purchase Agreement (Verecloud, Inc.)