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In some shooters when players run out of health, the fight is not necessarily over. In game with the Down But Not Out concept, they are put into a downed state, where their movement is slowed or stopped altogether, their screen is blurry or discolored, and their aim is off. But they are still able to fire their weapon at enemies and continue fighting. In some cases, if a teammate is nearby, they can revive the fallen player and get him back into the battle. If not, they will eventually bleed out and die.
Call Of Duty
Call of Duty 4, Modern Warfare 2, World At War, and Black Ops all have multiplayer perks that allows players to go into "Last Stand", where they take out a pistol in an attempt to get a kill before they inevitably bleed out and die.
Modern Warfare 2 also has a death streak perk called "Final Stand" that allows the user to go into Last Stand with their primary weapon instead of their handgun and can later be upgraded so equipment can be used. With this perk, if the player can survive long enough, they will not die and will eventually be able to stand back up and continue playing. In addition, Black Ops allows players to be revived by their teammates if they have Second Chance Pro.
Left 4 Dead
Left 4 Dead 1 & 2 both use the Down But Not Out concept heavily. Whenever a player loses all health, they will be downed and will have to defend themselves with a sidearm until a teammate runs over and rescues them.
Down But Not Out works just about the same in Borderlands as it does in other games, but if the player kills an enemy while downed, they receive a "Second Wind," and are instantly revived.