Common use of Exercise After Death Clause in Contracts

Exercise After Death. In the event Warrant Holder dies before the expiration of this warrant, Warrant Holder's estate, or the person or persons to whom his rights under this warrant shall pass by will or the laws of descent and distribution, may exercise this warrant, to the extent exercisable at the date of death, at any time within six months following Warrant Holder's death (but in any event before the expiration of the Warrant Exercise Period).

Appears in 3 contracts

Samples: Warrant Agreement (Verso Technologies Inc), Warrant Agreement (Verso Technologies Inc), Warrant Agreement (Verso Technologies Inc)

AutoNDA by SimpleDocs

Exercise After Death. In the event Warrant Holder dies before the expiration of this warrant, Warrant Holder's estate, or the person or persons to whom his rights under this warrant shall pass by will or the laws of descent and distribution, may exercise this warrant, to the extent exercisable at the date of death, at any time within six months mouths following Warrant Holder's death (but in any event before the expiration of the Warrant Exercise Period).

Appears in 1 contract

Samples: Warrant Agreement (Verso Technologies Inc)

Exercise After Death. In the event Warrant Holder dies before the expiration of this warrant, Warrant Holder's estate, or the person or persons to whom his rights under this warrant shall pass by will or the laws of descent and distribution, may exercise this warrant, to the extent exercisable at the date of death, at any time within six months following Warrant Holder's death (but in any event before the expiration of the Warrant Exercise Period).

Appears in 1 contract

Samples: Note Purchase Agreement (Cereus Technology Partners Inc)

AutoNDA by SimpleDocs

Exercise After Death. In the event Warrant Holder dies before the expiration of this warrant, Warrant Holder's ’s estate, or the person or persons to whom his rights under this warrant shall pass by will or the laws of descent and distribution, may exercise this warrant, to the extent exercisable at the date of death, at any time within six months following Warrant Holder's ’s death (but in any event before the expiration of the Warrant Exercise Period).

Appears in 1 contract

Samples: Warrant Agreement (I2 Telecom International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!