Certain Exchanges Excepted Sample Clauses
Certain Exchanges Excepted. For purposes of Section 5(e)(x) of the Series A Certificate of Designation and Series A-1 Certificate of Designation and the definition of “Permitted Issuances” as defined in Section 9 of the Warrants, each Purchaser acknowledges that the exchange of certain warrants outstanding on the date hereof for shares of the Company’s Common Stock shall not require the Company to make an adjustment of the Conversion Price under Section 5(e)(vi) of the Series A Certificate of Designation and Series A-1 Certificate of Designation or an adjustment of the Warrant Price under Section 4(d) of the Warrants
Certain Exchanges Excepted. For purposes of Section 5(e)(x) of the Series A-1 Certificate of Designation, ▇▇▇▇ Capital acknowledges that the exchange of certain warrants outstanding on the date hereof for shares of Ortec’s Common Stock shall not require Ortec to make an adjustment of the Conversion Price under Section 5(e)(vi) of the Series A-1 Certificate of Designation.
