Common use of No Change of Warrant Necessary Clause in Contracts

No Change of Warrant Necessary. Irrespective of any adjustment in the ------------------------------ Exercise Price or in the number or kind of shares issuable upon exercise of the Warrants, the Warrants may continue to express the same price and number and kind of shares as are stated in the Warrants as initially issued.

Appears in 3 contracts

Sources: Warrant Agreement (Mercator Software Inc), Warrant Agreement (Mercator Software Inc), Warrant Agreement (Mercator Software Inc)

No Change of Warrant Necessary. Irrespective of any adjustment in the ------------------------------ any Exercise Price or in the number or kind of shares issuable upon exercise of the Warrants, unless the Holders of a majority of Warrants otherwise request, the Warrants may continue to express the same price and number and kind of shares as are stated in the Warrants as initially issued.

Appears in 3 contracts

Sources: Warrant Agreement (Impleo LLC), Financing Agreement (Wahlco Environmental Systems Inc), Warrant Agreement (Bcam International Inc)

No Change of Warrant Necessary. Irrespective of any adjustment in the ------------------------------ Exercise Price or in the number or kind of shares issuable upon exercise of the Warrants, unless the Holders of a majority of Warrants otherwise request, the Warrants may continue to express the same price and number and kind of shares as are stated in the Warrants as initially issued.

Appears in 1 contract

Sources: Warrant Agreement (Flag Financial Corp)