Common use of Voluntary Adjustment By Company Clause in Contracts

Voluntary Adjustment By Company. The Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant time.

Appears in 9 contracts

Samples: Pre Funded Common Stock Purchase Warrant (Pyxis Oncology, Inc.), Security Agreement (Elutia Inc.), Security Agreement (Elutia Inc.)

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Voluntary Adjustment By Company. The On or after the Stockholder Approval Date, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company Company, with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant timeHolder.

Appears in 9 contracts

Samples: Common Stock Purchase Warrant (Conduit Pharmaceuticals Inc.), Warrant Agreement (Bio-Path Holdings, Inc.), Warrant Agreement (Bio-Path Holdings, Inc.)

Voluntary Adjustment By Company. The Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Underwriting Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant time.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (InspireMD, Inc.), Pre Funded Common Stock Purchase Warrant (InspireMD, Inc.), Common Stock Purchase Warrant (InspireMD, Inc.)

Voluntary Adjustment By Company. The After the receipt of Shareholder Approval, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board Board of directors Directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant timeCompany.

Appears in 2 contracts

Samples: Securities Agreement (Nutrition 21 Inc), Securities Agreement (Nutrition 21 Inc)

Voluntary Adjustment By Company. The Company may at any time during the term of this Warrant Warrant, but after receipt of Shareholder Approval and subject to the approval of the principal Trading Market, reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant timeCompany.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Esports Technologies, Inc.), Common Stock Purchase Agreement (Esports Technologies, Inc.)

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Voluntary Adjustment By Company. The On or after the Shareholder Approval Date, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company Company, with the prior written consent of holders of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided that the Exercise Price per underlying share of Common Stock shall be no lower than the par value of the Common Stock as of the relevant timeHolder.

Appears in 2 contracts

Samples: Placement Agent Common Share Purchase Warrant (Aptose Biosciences Inc.), Common Share Purchase Warrant (Aptose Biosciences Inc.)

Voluntary Adjustment By Company. The On or after the date Shareholder Approval is obtained and deemed effective, the Company may at any time during the term of this Warrant reduce the then current Exercise Price of this Warrant to any amount and for any period of time deemed appropriate by the board of directors of the Company with the prior written consent of holders the Required Holders with the number of a majority of the then outstanding Warrants issued pursuant to the Purchase Agreement, provided Warrant Shares issuable hereunder increasing such that the aggregate Exercise Price per underlying share of Common Stock payable hereunder, after taking into account the reduction in the Exercise Price, shall be no lower than the par value of the Common Stock as of the relevant timeunchanged.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Meridian Waste Solutions, Inc.)

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