Common use of No Effect on Warrants Clause in Contracts

No Effect on Warrants. The Warrants remain in full force and effect and shall not be affected by the transactions contemplated by this Securities Exchange Agreement; provided, however, that references to the Senior Preferred Stock contained in the Warrants shall refer to the Series A Preferred Stock.

Appears in 2 contracts

Sources: Securities Exchange Agreement (Phillips R H Inc), Securities Exchange Agreement (Phillips R H Inc)