Common use of Agreement Not To Exercise Warrant to Purchase Shares of Series E Convertible Preferred Stock Clause in Contracts

Agreement Not To Exercise Warrant to Purchase Shares of Series E Convertible Preferred Stock. Effective upon the satisfaction of the conditions precedent set forth in Section 4 below, McKesson agrees to waive its right to purchase up to 3,000,000 shares of Series E Convertible Preferred Stock pursuant to the Warrant Purchase Agreement and or the Warrant granted to McKesson by Accentia.

Appears in 5 contracts

Samples: Assumption of Debt and Security Agreement (Accentia Biopharmaceuticals Inc), Assumption of Debt and Security Agreement (Accentia Biopharmaceuticals Inc), Assumption of Debt and Security Agreement (Accentia Biopharmaceuticals Inc)

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