Common use of No Change in Warrant Terms on Adjustment Clause in Contracts

No Change in Warrant Terms on Adjustment. Irrespective of any adjustments in the Exercise Price or the number of shares of New Avatex Common Stock issuable upon exercise, Warrants theretofore or thereafter issued may continue to express the same prices and number of shares as are stated in the similar Warrants issuable initially, or at some subsequent time, pursuant to this Agreement, and the Exercise Price and such number of shares issuable upon exercise specified thereon shall be deemed to have been so adjusted.

Appears in 2 contracts

Sources: Warrant Agreement (Avatex Funding Inc), Warrant Agreement (Avatex Corp)