Common use of Election to Exercise Clause in Contracts

Election to Exercise. Upon receipt of a Notice of Liquidation Event, the Holder shall have the right to elect to exercise this Warrant, in whole or in part, as provided for in this Section 2, notwithstanding the prohibition on exercise prior to the second anniversary of the Issuance Date set forth in Section 2(c) above.

Appears in 8 contracts

Samples: Warrant Agreement (Axtive Corp), Warrant Agreement (Axtive Corp), Warrant Agreement (Axtive Corp)

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Election to Exercise. Upon receipt of a Notice of Liquidation Event, the each Holder shall have the right to elect to exercise this Warrant, in whole or in part, as provided for in this Section 2, notwithstanding the prohibition on exercise prior to the second anniversary of the Issuance Date set forth in Section 2(c) above.

Appears in 1 contract

Samples: Warrant Agreement (Edge Technology Group Inc)

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