Common use of Amendment to the Security Agreement Clause in Contracts

Amendment to the Security Agreement. Notwithstanding anything to the contrary set forth in the Security Agreement, the Security Agreement is hereby amended such that upon the Lender's execution of this Subscription Agreement in accordance with Section 7 below, the Lender shall become a Noteholder (as defined in the Security Agreement) and the terms of the note and the warrants described in such Security Agreement shall be the terms set forth in the Note and the Warrant annexed hereto, rather than the terms set forth in the SPA described in such Security Agreement.

Appears in 13 contracts

Samples: Subscription Agreement (Vyteris Holdings (Nevada), Inc.), Subscription Agreement (Vyteris Holdings (Nevada), Inc.), Subscription Agreement (Vyteris Holdings (Nevada), Inc.)

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