Common use of Voluntary Adjustment by the Company Clause in Contracts

Voluntary Adjustment by the Company. The Company may at any time during the term of this Warrant, (i) extend the Termination Date or (ii) reduce the then current Exercise Price to any amount and for any period of time deemed appropriate by the Board of Directors of the Company.

Appears in 9 contracts

Samples: Stock Purchase Warrant (MAGELLAN GOLD Corp), Warrant Agreement (MAGELLAN GOLD Corp), Warrant Agreement (PetroShare Corp.)

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Voluntary Adjustment by the Company. The Company may at any time during the term of this Warrant, (i) extend the Termination Date or (ii) reduce the then current Exercise Price to any amount and for any period of time deemed appropriate by the Board of Directors of the Company. For the avoidance of doubt, the Company may not move up the Expiration Date of this Warrant.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Terra Energy & Resource Technologies, Inc.), Consulting Agreement (Terra Energy & Resource Technologies, Inc.), Common Stock Purchase Warrant (Terra Energy & Resource Technologies, Inc.)

Voluntary Adjustment by the Company. The Company may at any time during the term of this Warrant, (i) extend the Termination Date or (ii) reduce the then current Exercise Price to any amount and for any period of time deemed appropriate by resolution of the Board of Directors of the Company.

Appears in 2 contracts

Samples: Stock Purchase Warrant (Cambex Corp), Stock Purchase Warrant (Cambex Corp)

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Voluntary Adjustment by the Company. The Company may at any time during the term of this Warrant, (i) extend the Termination Date or (ii) reduce the then current Exercise Price to any amount and extend the Termination Date for any period of time deemed appropriate by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Warrant Agreement (Medix Resources Inc), Warrant Agreement (Medix Resources Inc)

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