Common use of Reduction of Exercise Price Clause in Contracts

Reduction of Exercise Price. OF CURRENT WARRANTS; EXERCISE PRICE OF MODIFIED WARRANTS. Subject to the terms and conditions hereinafter set forth, and on the basis of the representations, warranties, obligations and agreements set forth herein, simultaneously with the execution and delivery of this Agreement, the exercise price of the Current Warrants shall be reduced to $0.60 per share of Common Stock.

Appears in 1 contract

Sources: Warrant Exercise and Securities Exchange Agreement (Avery Communications Inc)

Reduction of Exercise Price. OF CURRENT WARRANTS; EXERCISE PRICE OF MODIFIED NEW WARRANTS. Subject to the terms and conditions hereinafter set forth, forth and on the basis of the representations, warranties, obligations and agreements set forth herein, simultaneously with at the execution and delivery of this AgreementClosing, the exercise price of the Current Warrants shall be reduced to $0.60 0.50 per share of Common Stock.

Appears in 1 contract

Sources: Warrant Exchange and Exercise Agreement (Avery Communications Inc)

Reduction of Exercise Price. OF CURRENT WARRANTS; EXERCISE PRICE OF MODIFIED WARRANTS. Subject to the terms and conditions hereinafter set forth, and on the basis of the representations, warranties, obligations and agreements set forth herein, simultaneously with the execution and delivery of this Agreement, the exercise price of the Current Warrants shall be reduced to $0.60 1.50 per share of Common Stock.

Appears in 1 contract

Sources: Warrant Exercise and Securities Exchange Agreement (Avery Communications Inc)