Common use of Automatic Exercise Clause in Contracts

Automatic Exercise. To the extent that there has not been an exercise of this Warrant pursuant to this Section 1, any portion of the Warrant that remains unexercised shall be exercised automatically, with no further action required on the part of the Holder, in whole (not in part), immediately prior to the Expiration Time through a Cashless Exercise in the manner set forth in Section 1(c).

Automatic Exercise. To Notwithstanding anything to the extent that there contrary herein, if any portion of this Warrant has not been an exercise exercised as of immediately prior to the expiration of the Exercise Period, any such unexercised portion of this Warrant shall automatically be deemed to be exercised in full pursuant to this the provisions of Section 12.1 hereof, without any portion of the Warrant that remains unexercised shall be exercised automatically, with no further action required on the part behalf of the Holder, in whole (not in part), immediately prior to the Expiration Time through a Cashless Exercise in time this Warrant would otherwise expire pursuant to the manner set forth in Section 1(c)terms of this Warrant.