Common use of Contingent on the Expiration of Time to Exercise Clause in Contracts

Contingent on the Expiration of Time to Exercise. In the event Plan Warrants expire due to either a redemption Call of any specific Series of Plan Warrants as provided in the Plan Warrant Agreement or upon occurrence of any Expiration Date (the “Expired Warrants”), the Warrant Holder and Issuer of each such Plan Warrant hereby grant the Contingent Agent special rights as provided in this Agreement to maximize the potential value of any such Expired Warrants but only after the date specified in the Redemption Notice or after the Expiration Date.

Appears in 5 contracts

Samples: Plan Warrant Agreement (Asia Leechdom Holding Corp), Plan Warrant Agreement (Shengtai Power International, Inc.), Plan Warrant Agreement (Fuqi International, Inc.)

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Contingent on the Expiration of Time to Exercise. In the event Plan Warrants expire due to either a redemption Call of any specific Series of Plan Warrants as provided in the Plan Warrant Agreement or upon occurrence of any Expiration Date (the "Expired Warrants"), the Warrant Holder and Issuer of each such Plan Warrant hereby grant the Contingent Agent special rights as provided in this Agreement to maximize the potential value of any such Expired Warrants but only after the date specified in the Redemption Notice or after the Expiration Date.

Appears in 1 contract

Samples: Plan Warrant Agreement (Dynamic Biometric Systems, Inc.)

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