Common use of Exercise Price of Warrants Clause in Contracts

Exercise Price of Warrants. The Exercise Price (as defined in the warrant issued to the Investor pursuant to the Investment Agreement (the "Warrant")) of the Warrant is hereby amended so that the Exercise Price at any time is equal to the Lowest Issue Price. Subject to the foregoing amendment, the foregoing conversion price otherwise remains subject to adjustment as provided in Section 4 of the Warrant.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Optical Sensors Inc), Securities Purchase Agreement (Optical Sensors Inc)

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Exercise Price of Warrants. The Exercise Price (as defined in the warrant issued to the Investor pursuant to the Investment Agreement (the "Warrant")) of the Warrant is hereby amended so that the Exercise ------- Price at any time is equal to the Lowest Issue Price. Subject to the foregoing amendment, the foregoing conversion price otherwise remains subject to adjustment as provided in Section 4 of the Warrant.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Optical Sensors Inc), Securities Purchase Agreement (Optical Sensors Inc)

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