Common use of Effective Time of Exercise Clause in Contracts

Effective Time of Exercise. The exercise of this Warrant in whole or in part shall be deemed to have been effected immediately prior to the close of business on the day on which a Notice of Exercise with respect to this Warrant shall have been surrendered to the Company as provided in Section 1.1 or Section 1.2 above, as applicable. The person entitled to receive shares of Warrant Stock issuable upon exercise of this Warrant in whole or in part shall be treated for all purposes as the holder of record of such shares as of the close of business on the date the Registered Holder is deemed to have exercised this Warrant.

Effective Time of Exercise. The Each exercise of this Warrant in whole or in part shall be deemed to have been effected immediately prior to the close of business on the day on which a Notice of Exercise with respect to this Warrant shall have been surrendered to the Company as provided in Section 1.1 2(a). At such time, the person or Section 1.2 above, as applicable. The person entitled to receive shares persons in whose name or names any notices of issuance for Warrant Stock shall be issuable upon such exercise of this Warrant as provided in whole or in part Section 2(d) shall be treated for all purposes as deemed to have become the holder or holders of record of the Warrant Stock referred to in such shares as notices of the close of business on the date the Registered Holder is deemed to have exercised this Warrantissuance.

Effective Time of Exercise. The Each exercise of this Warrant in whole or in part shall be deemed to have been effected immediately prior to the close of business on the day on which a Notice of Exercise with respect to this Warrant the purchase/exercise form shall have been surrendered to the Company as provided in Section 1.1 2(a). At such time, the person or Section 1.2 above, as applicable. The person entitled to receive shares persons in whose name or names any notices of issuance for Warrant Stock shall be issuable upon such exercise of this Warrant as provided in whole or in part Section 2(d) shall be treated for all purposes as deemed to have become the holder or holders of record of the Warrant Stock referred to in such shares as notices of the close of business on the date the Registered Holder is deemed to have exercised this Warrantissuance.

Effective Time of Exercise. The Any exercise of this Warrant in whole or in part shall be deemed to have been effected immediately prior to the close of business on the day on which a the applicable Notice of Exercise with respect to this Warrant has been delivered. At such time, the person or persons in whose name or names the Notice of Issuance (as defined below) shall have been surrendered to the Company be issuable upon such exercise as provided in Section 1.1 or Section 1.2 above, as applicable. The person entitled to receive shares of Warrant Stock issuable upon exercise of this Warrant in whole or in part Sections 2(c) shall be treated for all purposes as deemed to have become the holder or holders of record of such shares as the Warrant Stock referred to in the applicable Notice of the close of business on the date the Registered Holder is deemed to have exercised this WarrantExercise.