VOLUNTARY ADJUSTMENT BY SHERIDAN. Sheridan may, at its option, at any time during the term of the Warrants, reduce the then current Exercise Price to any amount determined appropriate by the Board of Directors of Sheridan.
Appears in 3 contracts
Samples: Warrant Agreement (Joint Energy Development Investments Lp), Purchase Agreement (Sheridan Energy Inc), Purchase Agreement (Sheridan Energy Inc)
VOLUNTARY ADJUSTMENT BY SHERIDAN. Sheridan may, at its option, at any time during the term of the Warrants, reduce the then current Exercise Price to any amount determined appropriate by the Board of Directors of Sheridan. 12.3.
Appears in 1 contract
Samples: Warrant Agreement (Enron Capital & Trade Resources Corp)