Common use of Modification of Warrant Clause in Contracts

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.

Appears in 9 contracts

Samples: Promissory Note (Bion Environmental Technologies Inc), Warrant Agreement (Bion Environmental Technologies Inc), Warrant Agreement (Bion Environmental Technologies Inc)

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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 thereforetherefor, 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.

Appears in 2 contracts

Samples: Warrant Purchase Agreement (Bion Environmental Technologies Inc), Management Agreement (Bion Environmental Technologies Inc)

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