Warrant(s)

Warrant(s). The warrants of the Company which entitle the holder to purchase one common share of the Company upon exercise.

Warrant(s). Means the Common Stock Purchase Warrants of the Company issued to the Investors pursuant to the Purchase Agreement and any other warrants transferred to any Holder pursuant to the Purchase Agreement.

Warrant(s). Means the 3,900,000 warrants to purchase one share of Common Stock issued to the Investors by the Company on ____, 2005.

Warrant(s). Means the warrants issued pursuant to the Securityholders Agreement referred to above and any other warrants of like tenor issued in substitution or exchange for any thereof.

Warrant(s). Shall mean the warrants issued to MSI pursuant to the Purchase Agreement.

Warrant(s). The warrants to purchase an aggregate amount of 950,000 shares of the Issuer's Common Stock evidenced by the Common Stock Purchase Warrant dated August 1, 2000 between Abraxas and Basil Street Company, Common Stock Purchase Warrant dated September 1, 2000 between Abraxas and Jessup & Lamont Holdings, Common Stock Purchase Warrant dated August 1, 2000 between Abraxas and TNC, Inc., and Common Stock Purchase Warrant dated August 1, 2000 between Abraxas and Charles K. Butler.

Warrant(s). Means the Warrants issued or issuable to the Purchaser under the Purchase Agreement.

Warrant(s). Means the warrants issued by the Company to Jayhawk Institutional on the date hereof pursuant to the Warrant Agreement, evidencing rights to purchase an aggregate of 112,500 shares (as adjusted) of Common Stock at an exercise price of $3.49 per share.

Warrant(s). Shall mean the warrants issued to certain Stockholders under the Subordinated Notes and Warrant Purchase Agreement.

Warrant(s). Shall mean the Warrants (individually a "Warrant") described in Section 2 hereof and any warrants issued in exchange or substitution for such warrants, as each may hereafter be amended and/or restated.