Duration of Warrants; Minimum Exercise Amounts; Notice Sample Clauses

Duration of Warrants; Minimum Exercise Amounts; Notice of Exercise. (a) Subject to the limitations described herein, each Warrant ----------- evidenced by the Global Warrant Certificate may be irrevocably exercised at the option of the Holder in whole but not in part on any New York Business Day (as defined in Section 2.01(b)) from its date of issuance (i.e., the date of initial settlement with respect to the initial sales of Warrants) until 1:00 P.M., New York City time, on the fourth scheduled Index Calculation Day (as defined below) immediately preceding the Expiration Date (as defined below in Section 2.03). Except in the case of automatic exercise, each Warrant evidenced by the Global Warrant Certificate may be exercised by written notice (the "Exercise Notice") to the Warrant Agent from a Depository Participant acting on behalf of the beneficial owner of such Warrant and upon receipt by the Warrant Agent through delivery of such Warrant free on the records of the Depository to the Warrant Agent's Depository Participant Account (entitled Citibank, N.A. Corporate Trust Warrant Agent Account, No. 2659, or such other account of the Warrant Agent at the Depository as the Warrant Agent shall designate in writing to the Company and to the Depository (the "Warrant Account")) ("Proper Delivery"); provided, however, that Exercise Notices are subject to rejection by the Warrant Agent as provided herein. As used herein, "Index Calculation Day" means any day on which the New York Stock Exchange (the "NYSE") is open for trading and the Index or any Successor Index is calculated and published. "Index Business Day" means any day on which the NYSE is open for trading.
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Duration of Warrants; Minimum Exercise Amounts; Notice of Exercise. (a) Subject to the limitations described herein, each Warrant ----------- evidenced by the Global Warrant Certificate may be irrevocably exercised at the option of the Holder in whole but not in part on any New York Business Day (as defined in Section 2.01(b)) from its date of issuance (i.e., the date of initial settlement with respect to the initial sales of Warrants) until 1:00 P.M., New York City time, on the second scheduled Index Calculation Day (as defined below) immediately preceding the Expiration Date (as defined below in Section 2.03). Except in the case of automatic exercise, each Warrant evidenced by the Global Warrant Certificate may be
Duration of Warrants; Minimum Exercise Amounts; Notice of Exercise. (a) Subject to the limitations described herein, each Warrant ----------- evidenced by the Global Warrant Certificate may be irrevocably exercised at the option of the Holder in whole but not in part on any New York Business Day (as defined in Section 2.01(b)) from its date of issuance (i.e., the date of initial settlement with respect to the initial sales of Warrants) until 1:00 P.M., New York City time, on the second scheduled Index Calculation Day (as defined below) immediately preceding the Expiration Date (as defined below in Section 2.03). Except in the case of automatic exercise, each Warrant evidenced by the Global Warrant Certificate may be exercised by written notice (the "Exercise Notice") to the Warrant Agent from a Depositary Participant acting on behalf of the beneficial owner of such Warrant and upon receipt by the

Related to Duration of Warrants; Minimum Exercise Amounts; Notice

  • Exercise of Warrants; Exercise Price; Termination Date (a) The Warrants shall be exercisable commencing on the Initial Exercise Date. The Warrants shall cease to be exercisable and shall terminate and become void as set forth in the Warrant Certificate. Subject to the foregoing and to Section 7(b) below, the Holder of a Warrant may exercise the Warrant in whole or in part upon surrender of the Warrant Certificate, if required, with the executed Notice of Exercise and payment of the Exercise Price, which may be made, at the option of the Holder, by wire transfer or by certified or official bank check in United States dollars, to the Warrant Agent at the principal office of the Warrant Agent or to the office of one of its agents as may be designated by the Warrant Agent from time to time. In the case of the Holder of a Global Warrant, the Holder shall deliver the executed Notice of Exercise and the payment of the Exercise Price as described herein. Notwithstanding any other provision in this Agreement, a holder whose interest in a Global Warrant is a beneficial interest in a Global Warrant held in book-entry form through the Depositary (or another established clearing corporation performing similar functions), shall effect exercises by delivering to the Depositary (or such other clearing corporation, as applicable) the appropriate instruction form for exercise, complying with the procedures to effect exercise that are required by the Depositary (or such other clearing corporation, as applicable). The Company acknowledges that the bank accounts maintained by the Warrant Agent in connection with the services provided under this Agreement will be in its name and that the Warrant Agent may receive investment earnings in connection with the investment at Warrant Agent risk and for its benefit of funds held in those accounts from time to time. Neither the Company nor the Holders will receive interest on any deposits or Exercise Price. No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise be required. The Company hereby acknowledges and agrees that, with respect to a holder whose interest in a Global Warrant is a beneficial interest in a Global Warrant held in book-entry form through the Depositary (or another established clearing corporation performing similar functions), upon delivery of irrevocable instructions to such holder’s Participant to exercise such warrants, that solely for purposes of Regulation SHO that such holder shall be deemed to have exercised such warrants.

  • Adjustment of Warrant Price and Number of Shares Issuable Upon Exercise The Warrant Price and the number of shares of Warrant Stock that may be purchased upon exercise of this Warrant shall be subject to adjustment from time to time as set forth in this Section 4. The Issuer shall give the Holder notice of any event described below which requires an adjustment pursuant to this Section 4 in accordance with the notice provisions set forth in Section 5.

  • Form of Exercise Price The Holder intends that payment of the Exercise Price shall be made as: ____________ a “Cash Exercise” with respect to _________________ Warrant Shares; and/or ____________ a “Cashless Exercise” with respect to _______________ Warrant Shares.

  • Adjustment of Number of Warrant Shares and Exercise Price The number and kind of Warrant Shares purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Payment of Warrant Exercise Price The holder shall pay the Aggregate Exercise Price of $______________ to the Company in accordance with the terms of the Warrant.

  • Notice of Change in Exercise Price The Company shall, promptly after an event requiring a change in the Exercise Price pursuant to Section 6 hereof, send notice to the Holders of such event and change (“Price Notice”). The Price Notice shall describe the event causing the change and the method of calculating same and shall be certified as being true and accurate by the Company’s Chief Financial Officer.

  • Form of Exercise Notice To: XXXX Xxx Sheung (the “Transferor”) From: WANG HONG 王宏 (the “Transferee”) We refer to the Share Transfer Agreement (the “Share Transfer Agreement”) dated April 26, 2010 made between the Transferee and the Company. Terms defined in the Share Transfer Agreement shall have the same meanings as used herein. We hereby give you notice that we require you to sell to us / [Nominees’ names] in accordance with the terms and conditions of the Share Transfer Agreement, the following Option Shares at the Exercise Price set out below, subject to the terms and conditions set out in the Share Transfer Agreement Completion shall take place at [ ] on [ ] at the office of [ ]: Transferee Option Shares Exercise Price/ Alternative Exercise Price Dated this day of , 20 Yours faithfully ____________________________ Name: Title: For & on behalf of Transferee Part II

  • Duration of Warrants Each Warrant may be exercised in whole or in part at any time, as specified herein, on or after [the date thereof] [●] and at or before [●] p.m., [City] time, on [●] or such later date as the Company may designate by notice to the Warrant Agent and the holders of Warrant Certificates mailed to their addresses as set forth in the record books of the Warrant Agent (the “Expiration Date”). Each Warrant not exercised at or before [●] p.m., [City] time, on the Expiration Date shall become void, and all rights of the holder of the Warrant Certificate evidencing such Warrant under this Agreement shall cease.

  • Term Automatic Cashless Exercise Upon Expiration 5.1.1 This Warrant is exercisable in whole or in part, at any time and from time to time on or before the Expiration Date set forth above; provided, however, that if the Company completes its initial public offering within the 270-day period immediately prior to the Expiration Date, the Expiration Date shall automatically be extended until 270 days after the effective date of the Company’s initial public offering.

  • Partial Exercise; Effective Date of Exercise In case of any partial exercise of this Warrant, the Company shall cancel this Warrant upon surrender hereof and shall execute and deliver a new Warrant of like tenor and date for the balance of the shares of Common Stock purchasable hereunder. This Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided above. The person entitled to receive the shares of Common Stock issuable upon exercise of this Warrant shall be treated for all purposes as the holder of record of such shares as of the close of business on the date the Company receives the Notice of Exercise, subject to receipt of the Exercise Amount.

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