Common use of Amendment of 1997 Registration Rights Agreement Clause in Contracts

Amendment of 1997 Registration Rights Agreement. The Company and the Holder are parties to the Registration Rights Agreement dated June 5, 1997, as amended (the "1997 Registration Rights Agreement") between the Company and the Holder, and other holders of Convertible Notes and Warrants. In the event the Holder exchanges its Warrants for Common Shares in accordance with this Article V, the Company and the Holder agree that Section 1.3 of the 1997 Registration Rights Agreement, which section defines the Company's securities the holders of which are entitled to the rights and benefits of the Registration Rights Agreement, is amended to include in the definition of "Registrable Securities" the Exchange Shares to be received by the Holder in exchange for its Warrants as provided herein.

Appears in 4 contracts

Samples: Recapitalization Agreement (Black Warrior Wireline Corp), Recapitalization Agreement (Underbrink Charles E), Recapitalization Agreement (Black Warrior Wireline Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!