Common use of Exercisability; Expiration Clause in Contracts

Exercisability; Expiration. The right to subscribe for and purchase not less than all of the shares of Warrant Stock represented hereby shall commence on the Issuance Date and shall expire at 5:00 p.m., Detroit time, on the Expiration Date (such period being the "Term"). The purchase rights represented by this Warrant may be exercised in whole at any time and from time to time during the Term. Rights to purchase shares under this Warrant shall expire and may not be exercised after at 5:00 p.m., eastern daylight savings time, on Expiration Date.

Appears in 5 contracts

Samples: McLaren Performance Technologies Inc, McLaren Performance Technologies Inc, McLaren Performance Technologies Inc

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Exercisability; Expiration. The right to subscribe for and purchase not -------------------------- less than all of the shares of Warrant Stock represented hereby shall commence on the Issuance Date and shall expire at 5:00 p.m., Detroit time, on the Expiration Date (such period being the "Term"). The purchase rights represented by this Warrant may be exercised in whole at any time and from time to time during the Term. Rights to purchase shares under this Warrant shall expire and may not be exercised after at 5:00 p.m., eastern daylight savings time, on Expiration Date.

Appears in 1 contract

Samples: Stock Option Purchase Agreement (McLaren Performance Technologies Inc)

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Exercisability; Expiration. The right to subscribe for and purchase not less than all of the shares of Warrant Stock represented hereby shall commence on the Issuance Date and shall expire at 5:00 p.m., Detroit time, on the Expiration Date (such period being the "Term"). The purchase rights represented by this Warrant may be exercised in whole at any time and from time to time during the Term. Rights to purchase shares under this Warrant shall expire and may not be exercised after at 5:00 p.m., eastern daylight savings time, on Expiration Date.,

Appears in 1 contract

Samples: McLaren Performance Technologies Inc

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