Modification of Warrant. The terms of the Warrants shall not be modified, supplemented or altered in any respect except with the consent in writing of the Registered Holders representing at least a majority of the Warrants then outstanding; provided, that, no change in the number or nature of the securities purchasable upon the exercise of any Warrant, or the Warrant Price therefore, or the acceleration of the Warrant Expiration Date, shall be made without the consent in writing of the Registered Holder of the Warrant, and in compliance with applicable law.
Modification of Warrant. This Warrant shall not be modified, supplemented or altered in any respect except with the consent in writing of the holder hereof and the Corporation; and no change in the number or nature of the securities purchasable upon the exercise of this Warrant, or the exercise price therefor, or the acceleration of the Warrant Expiration Date, shall be made without the consent in writing of the holder hereof, other than such changes as are specifically prescribed by this Warrant as originally executed.
Modification of Warrant. This Warrant shall not be modified, supplemented or altered in any respect except with the consent in writing of the Holder and the Company.
Modification of Warrant. Neither this Warrant nor any term hereof may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought.
Modification of Warrant. Without the consent or concurrence of the Warrant Holder, the Company may by supplemental agreement or otherwise make any changes or corrections in this Warrant that it is advised by counsel (who may be counsel for the Company) are required to cure any ambiguity or to correct any defective or inconsistent provision or clerical omission or mistake or manifest error contained herein.
Modification of Warrant. Pursuant to a warrant issued by Tauriga to OT dated as of January 28, 2014 (the “Warrant”), OT was granted the right to purchase shares of common stock in Tauriga (the “Warrant Shares”). In consideration for the Interest, OT agrees to release and terminate its right to purchase eighty percent (80%) of the Warrant Shares. For clarity, as of the date hereof, OT will continue to be entitled to purchase twenty percent (20%) of the Warrant Shares in accordance with the terms of the Warrant, and the Warrant will continue in full force and effect with respect to such reduced Warrant Shares.
Modification of Warrant. Pursuant to Paragraph 6 of the Note, upon a default, Borrower is required to issue a Warrant to Lender for 25,000 shares of common stock of the Company, at $4.90 per share (the “Default Warrant”), but as of the date hereof the Default Warrant has not been issued. Lender hereby waives all rights to the Default Warrant, and in lieu of the Default Warrant, Borrower shall issue to Lender in connection with this Modification a Warrant to purchase 75,000 shares of common stock of the Company, at $4.70 per share (the “Modification Warrant”). Borrower represents that the purchase price of $4.70 per share is the current fair market value of the shares of the Company. The Date of Issuance of the Modification Warrant shall be as of May 1, 2016, and the Expiration Date shall be May 1, 2021. Borrower shall prepare all documents necessary to memorialize the issuance of the Modification Warrant described in this Paragraph 4.
Modification of Warrant. After due consideration to the tax and accounting consequences (if any), the Board shall have the full and final power and authority, in its sole discretion to:
(a) accelerate, continue, extend or defer the exercisability of this Warrant or the vesting of any shares acquired upon the exercise thereof, including with respect to the period following the Representative's termination of Service with the Participating Company Group; and
(b) amend, modify, extend, cancel, renew, reprice or otherwise adjust the exercise price of, or grant a new Warrant in substitution for, this Warrant or to waive any restrictions or conditions applicable to this Warrant or any shares acquired upon the exercise thereof. However, no modification may be made to this Warrant that would impair the rights of the Holder holding this Warrant without the Holder's consent.
Modification of Warrant. (i) The Warrant Exercise Price is hereby amended from $2.00 per share to $1.825 per share.
(ii) The Warrant is hereby modified to eliminate Section 5(b) of the Warrant in its entirety and to replace the existing language in Section 5(b) to read as follows: In the event that the Company shall at, at any time after the Effective Date and prior to 5:00 p.m. (Eastern Standard Time) on the Expiration Date, issue any common stock, at a price per share less than the Warrant Price then in effect or without consideration, then immediately upon issuance or sale (or deemed issuance or sale), the Warrant Price shall be reduced (and in no event increased) to a Warrant Exercise Price equal to such lower price but in no event will the Exercise Price be reduced below $1.70 per share (the “Floor Price”).
(iii) The Warrant is hereby modified to eliminate section 5(c) of the Warrant in its entirety.
Modification of Warrant. In the event the Company fails to (i) file a confidential treatment request as provided by Section 5.2 or (ii) receive confidential treatment with respect to the dollar amounts set forth in Item 2 of Exhibit D, the percentages set forth in Item 3 of Exhibit D, Schedule 9(c) and Schedule 23(a) to the Site Agreement from the Securities and Exchange Commission addressing the merits of the Confidentiality Request prior to filing the Site Agreement with the Confidential Information as an exhibit to a Registration Statement filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, the Company shall issue a warrant (the "Revised Warrant") at the Closing in the form of Exhibit C attached hereto in lieu of the Delayed Warrant. In the event the Delayed Warrant shall have been previously executed and delivered to the Purchaser, the Company shall immediately execute and deliver the Revised Warrant upon the surrender by the Purchaser of the Delayed Warrant.
