Common use of Voluntary Adjustment By Company Clause in Contracts

Voluntary Adjustment By Company. The Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant time.

Appears in 9 contracts

Samples: IO Biotech, Inc., Elutia Inc., Pyxis Oncology, Inc.

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Voluntary Adjustment By Company. The Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Underwriting Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant time.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (InspireMD, Inc.), InspireMD, Inc., InspireMD, Inc.

Voluntary Adjustment By Company. The Subject to the rules and regulations of the Trading Market, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, Company; provided that in no event may the Exercise Price per underlying share of Common Stock shall be no lower than adjusted below the par value of the Common Stock as of the relevant timethen in effect.

Appears in 3 contracts

Samples: Warrant Agreement (Evoke Pharma Inc), Common Stock Purchase Warrant (Evoke Pharma Inc), Common Stock Purchase Warrant (Evoke Pharma Inc)

Voluntary Adjustment By Company. The On or after the Stockholder Approval Date, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company Company, with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant timeHolder.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Biora Therapeutics, Inc.), Biora Therapeutics, Inc.

Voluntary Adjustment By Company. The After the receipt of Shareholder Approval, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board Board of directors Directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant timeCompany.

Appears in 2 contracts

Samples: Nutrition 21 Inc, Nutrition 21 Inc

Voluntary Adjustment By Company. The Subject to compliance with applicable securities laws and rules of the exchanges on which the Common Shares are listed, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board Board of directors Directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant timeCompany.

Appears in 1 contract

Samples: Letter Agreement (Aptose Biosciences Inc.)

Voluntary Adjustment By Company. The On or after the date Shareholder Approval is obtained and deemed effective, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders the Required Holders with the number of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided Warrant Shares issuable hereunder increasing such that the aggregate Exercise Price per underlying share of Common Stock payable hereunder, after taking into account the reduction in the Exercise Price, shall be no lower than the par value of the Common Stock as of the relevant timeunchanged.

Appears in 1 contract

Samples: Meridian Waste Solutions, Inc.

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Voluntary Adjustment By Company. The Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Underwriting Agreement, provided that the Exercise Price per underlying share of Common Stock Share shall be no lower than the par value of the Common Stock Share as of the relevant time.

Appears in 1 contract

Samples: XORTX Therapeutics Inc.

Voluntary Adjustment By Company. The Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Securities Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant time.

Appears in 1 contract

Samples: Eleven Biotherapeutics, Inc.

Voluntary Adjustment By Company. The If such adjustment would not violate the rules of the Trading Market, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board Board of directors Directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant timeCompany.

Appears in 1 contract

Samples: Mines Management Inc

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