Common use of DURATION OF DEBT WARRANTS Clause in Contracts

DURATION OF DEBT WARRANTS. Each Debt Warrant may be exercised in whole at any time, as specified herein, on or after [the date thereof] [_________, 19__] and at or before 5:00 p.m. New York time on _______________, 19__, or such later date as may be selected by the Company, in a written statement to the Debt Warrant Agent and with notice to the holders of Debt Warrants (such date of expiration is herein referred to as the "Expiration Date"). Each Debt Warrant not exercised at or before 5:00 p.m. New York time on the Expiration Date shall become void, and all rights of the holder of the Debt Warrant Certificate evidencing such Debt Warrant under this Agreement shall cease.

Appears in 3 contracts

Samples: Debt Warrant Agreement (New Plan Realty Trust), Debt Warrant Agreement (Carramerica Realty Corp), Debt Warrant Agreement (At&t Capital Corp /De/)

AutoNDA by SimpleDocs

DURATION OF DEBT WARRANTS. Each Debt Warrant may be exercised in whole at any time, as specified herein, on or after [the date thereof] [_________[ , 19__200 ] and at or before 5:00 p.m. [New York York] time on _______________, 19__200 , or such later date as may be selected by the Company, in a written statement to the Debt Warrant Agent and with notice to the holders of Debt Warrants (such date of expiration is herein referred to as the "Expiration Date"). Each Debt Warrant not exercised at or before 5:00 p.m. [New York York] time on the Expiration Date shall become void, and all rights of the holder of the Debt Warrant Certificate evidencing such Debt Warrant under this Agreement shall cease.

Appears in 1 contract

Samples: Debt Warrant Agreement (New Plan Excel Realty Trust 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!