Amendments to the Warrants. The Warrants shall be amended as follows:
Amendments to the Warrants. The parties hereto hereby agree that, as of the Closing, Section 9(a) of each of the 2004 Warrants shall be hereby amended to read in its entirety as follows:
Amendments to the Warrants. Each of the Warrants is hereby amended by deleting the number "$0.25" in the first paragraph and substituting in place thereof the number "$0.09."
Amendments to the Warrants. (i) Section 1 (
Amendments to the Warrants. Upon the Third Amendment Effective Date, each Warrant is hereby amended as follows:
Amendments to the Warrants. (a) Clause (ii) of the third paragraph of Section 4(b) of each of the Warrants is amended and restated as follows: (ii) the issuance of the Authorized Warrants or the New Warrants and the issuance of any shares upon the exercise of either the Authorized Warrants or the New Warrants;
Amendments to the Warrants. Each of the May 0000 Xxxxxxx and the November 2007 Warrant is hereby amended by deleting the first sentence in Section 1.3 thereof and replacing it with the following: “The purchase price payable upon exercise of each Warrant (“Exercise Price”) shall initially be $0.60.”
Amendments to the Warrants. Subject to the terms, and in consideration of and reliance upon, the agreements of the parties contained herein and the consummation of the transactions contemplated by the Other Agreements, upon the closing of the transactions contemplated hereby and under the Other Agreements, the Warrants shall be amended to expressly authorize and permit the transactions contemplated by this Agreement without breach of the Warrants.
Amendments to the Warrants. The parties agree that as of the date hereof, the following amendments shall be made to the Warrants, and to document such amendments, the Company shall issue warrant amendments for each outstanding Warrant in the form attached hereto as Exhibit B:
Amendments to the Warrants. (a) Two Warrants are issued and outstanding. Each Warrant is hereby amended to reduce the number of shares that such holder is entitled to purchase pursuant to such Warrant by one-half, so that in (i) Warrant No. S-18 dated March 1, 2006, issued by the Parent to ___, each reference to "321,428" is hereby amended to read "160,714", and (ii) Warrant No. S-20 dated May 17, 2006, issued by the Parent to ____, each reference to "178,572" is hereby amended to read "89,286". The parties acknowledge and agree that in consideration for this purchase by the Parent, the Parent shall pay to the Agent for the benefit of ___ and ___ (pro rata) a purchase price of $11 per share, for a total purchase price of $2,750,000.
