While I was doing my second day of OW certification dives, I had a very near OOA situation.
We had done a few skills and were basically touring around, and being that this was only my 3rd or 4th OW dive, I was sucking down air like crazy. So, I informed our instructor at the agreed upon pressure mark (can't remember what it was, something like 1000 psi I think) and he signaled ok, and continued the tour. I thought, "no big deal, he is aware of the situation". Now I'm keeping an eye on my gauge and I am a going lower fast, and getting a bit more nervous, so I show him my gauge. Once again, I get an ok and we continue on. Finally, my gauge is getting REALLY low, thankfully my wife (and buddy) was well aware and keeping right by my side. Our instructor gives the signal for our ascent and my wife is ready to provide air if need be (I wish I could remember the psi at this point). We finally reached the surface and I pressed the inflator button...and nothing happened, not even enough air to inflate my BC. So, I orally inflated it.
After the dive, I was bugging my instructor about it and he jokingly said, "Well, at least you got your money's worth out of the air in that tank!"