Amendment of the Warrants. Notwithstanding anything contained in the Warrants to the contrary, the "EXERCISE PRICE" as defined in the Warrants is hereby amended and restated, as of the date hereof, to be 115% of the closing bid price per share of Common Stock on the date immediately prior to the date of the execution of this Agreement as reported by the Nasdaq Stock Market for regular session trading on such date. Concurrently with the execution and delivery of this Agreement, Global shall issue and deliver to each Plaintiff, revised Warrant certificates, dated the original issue date of such Warrants, to reflect this revision.
Amendment of the Warrants. Effective immediately prior to the consummation of the Rollover (but subject to the subsequent consummation of the Merger immediately following the Rollover), the Company and each of the Holders hereby agree that the Warrants shall be amended as provided in this Section 2:
Amendment of the Warrants. (a) The text of Section 3(b) of the Warrants is deleted in its entirety and is replaced with the following: “Intentionally Omitted.”
Amendment of the Warrants. The parties hereby amend the Warrants to provide that the purchase price per share shall be reduced to $0.25.
Amendment of the Warrants. The Warrants held by lenders under the Credit Agreement (the “Lenders”, and such Warrants held by Lenders, the “Lender Warrants”) shall be amended in the manner described below and such amendments shall be reflected in an amendment to the applicable Warrant Certificate in substantially the form attached hereto as Exhibit A (each such amendment, a (“Warrant Amendment”):
Amendment of the Warrants a. The last sentence of the first paragraph of the Warrants is amended and replaced in its entirety as follows: “The Exercise Price or the Exercise Price Per Share shall be $1.00, in all events subject to further adjustments as provided herein.”
Amendment of the Warrants. Pursuant to Section 11 of the Warrants, Section 4(b) of the Warrants is deleted in its entirety and replaced with the following:
Amendment of the Warrants. Section 12 of the Original Warrants, the March 2005 Warrants and the September 2005 Warrants is hereby deleted in its entirety.
Amendment of the Warrants. The warrants will be amended and reissued to reflect the removal of certain covenants from the Series A Warrant, Additional Warrant, Bonus Warrant, and Series B Warrant. Specifically, in the Additional Warrant Section 2c, Sections 3b, 3d, 3e, and 3f, and Section 5d; in the Series A Warrant Section 2c, Sections 3b, 3d, 3e, and 3f, and Section 5d; in the Bonus Warrant Section 2c, Sections 3c, and 3d, and Section 5d; and in the Series B Warrant Section 2c, Sections 3b, 3d, and 3e and Section 5d. You further agree to surrender the original copies of your warrants such that the Company can re-issue you the same amount of new warrants in the form attached hereto as Exhibit B.
Amendment of the Warrants. 1.1 Effective as of the date hereof, the Company and the Warrant Holders agree to amend and replace section 9 of the Warrants, with the following:
