Statement on Warrants. Irrespective of any adjustments in the number of securities issuable upon exercise of the Warrants, Warrants theretofore or thereafter issued may continue to express the same number of securities as are stated in the similar Warrants initially issuable pursuant to this Agreement. However, the Company may, at any time in its sole discretion (which shall be conclusive), make any change in the form of Warrant that it may deem appropriate and that does not affect the substance thereof; and any Warrant thereafter issued, whether upon registration of transfer of, or in exchange or substitution for, an outstanding Warrant, may be in the form so changed.
Appears in 12 contracts
Samples: Warrant Agreement (Daybreak Oil & Gas Inc), Warrant Agreement (Security With Advanced Technology, Inc.), Warrant Agreement (Security With Advanced Technology, Inc.)
