Common use of Exercisability Upon Satisfaction of Fundamental Change Condition Clause in Contracts

Exercisability Upon Satisfaction of Fundamental Change Condition. Holder may exercise this Warrant on or before the Expiration Date upon the occurrence of a Fundamental Change in which the consideration received for each share of Common Stock has a fair market value equal to or greater than One Dollar and Ten Cents ($1.10) per share (the “Trigger Price”); provided that if an Early Termination Event occurs this Warrant shall terminate and be of no further force and effect; or

Appears in 7 contracts

Samples: Credit Agreement (C-Iii Capital Partners LLC), Credit Agreement (Grubb & Ellis Co), C-Iii Capital Partners LLC

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Exercisability Upon Satisfaction of Fundamental Change Condition. Holder may exercise this Warrant on or before the Expiration Date upon the occurrence of a Fundamental Change in which the consideration received for each share of Common Stock has a fair market value equal to or greater than Seventy-One Dollar and Ten Cents ($1.100.71) per share (the “Trigger Price”); provided that if an Early Termination Event occurs this Warrant shall terminate and be of no further force and effect; or

Appears in 2 contracts

Samples: Credit Agreement (C-Iii Capital Partners LLC), Credit Agreement (Grubb & Ellis Co)

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