Common use of Duration and Exercise of Warrants Clause in Contracts

Duration and Exercise of Warrants. (a) This Warrant shall be exercisable by the registered Holder on any business day before 5:30 P.M., Minnetonka, Minnesota time, at any time and from time to time on or after the date hereof to and including the Expiration Date. At 5:30 P.M., Minnetonka, Minnesota time on the Expiration Date, the portion of this Warrant not exercised prior thereto shall be and become void and of no value. This Warrant may not be redeemed by the Company.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Identix Inc), Securities Purchase Agreement (Digital Biometrics Inc), Securities Purchase Agreement (Digital Biometrics Inc)

AutoNDA by SimpleDocs

Duration and Exercise of Warrants. (a) This Warrant shall be exercisable by the registered Holder on any business day before 5:30 5:00 P.M., MinnetonkaMinneapolis, Minnesota time, at any time and from time to time on or after the date hereof to and including the Expiration Date. At 5:30 5:00 P.M., MinnetonkaMinneapolis, Minnesota time on the Expiration Date, the portion of this Warrant not exercised prior thereto shall be and become void and of no value. This Except as set forth in Section 13 hereof, this Warrant may not be redeemed by the Company.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Datakey Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!