Exercise; Expiration Date. 2.1 Each Warrant is exercisable, at the option of the holder, at any time after issuance and on or before the Expiration Date. In the case of exercise of less than all the Warrants represented by a Warrant Certificate, the Company shall cancel the Warrant Certificate upon the surrender thereof and shall execute and deliver a new Warrant Certificate for the balance of such Warrants.
Exercise; Expiration Date. 2.1 The Warrants are exercisable, at the option of the Holder, at any time after issuance and on or before the Expiration Date, upon surrender of this Warrant Certificate to the Company together with a duly completed Notice of Exercise, in the form attached hereto as Exhibit A, and payment of an amount equal to the Purchase Price times the number of Warrants to be exercised. In the case of exercise of less than all the Warrants represented by this Warrant Certificate, the Company shall cancel the Warrant Certificate upon the surrender thereof and shall execute and deliver a new Warrant Certificate for the balance of such Warrants.
Exercise; Expiration Date. Subject to the provisions of Section 2, this Warrant may be exercised in whole or in part at any time commencing on the date hereof and ending at 5:00 p.m., New York time, on December 31, 2004 (the "Expiration Date") and shall be void thereafter.
Exercise; Expiration Date. This Warrant may be exercised from time to time by the Holder, on or after August 16, 2014, as to the whole or any lesser number of the Shares upon tender of this Warrant at the then executive office of the Company with a written notice signed by the Holder to the attention of the Company Secretary expressing the Holder’s intent to exercise the same together with payment to the Company of the Exercise Price of the Shares stated in the notice to be purchased. If this Warrant is exercised in respect of fewer than all of the Shares that may be purchased under this Warrant, the Company shall execute a new warrant in the form of this Warrant for the remaining Shares issuable under the original Warrant and deliver such new Warrant to the Holder. This Warrant and all rights hereunder will expire if not exercised by 5:00 p.m. prevailing local time in New York, New York on the date (the “Expiration Date”) that is the earlier to occur of (i) August 16, 2017, and (ii) that date which is thirty (30) days after the giving of notice by the Company to the Holder that the Fair Market Value of one Share has exceeded 130% of the Exercise Price for ten (10) consecutive days (which 10-day period means, if the Shares are then listed or traded on an exchange or otherwise quoted, 10 consecutive days commencing on or after August 16, 2014 for which the Closing Bid Price is reported), and that the Warrant will therefore expire if not exercised prior to the Expiration Date.
Exercise; Expiration Date. 2.1 The Warrant is exercisable, at the option of the Holder, at any time after issuance and on or before the Expiration Date, upon surrender of this Warrant to the Company together with a duly completed Notice of Exercise, in the form attached hereto as Exhibit A, and payment of an amount equal to the Purchase Price times the number of Warrant Shares to be purchased. In the case of exercise of less than all the Warrant Shares represented by this Warrant, the Company shall cancel the Warrant upon the surrender thereof and shall execute and deliver a new Warrant for the balance of such Warrant Shares.
Exercise; Expiration Date. No Fractional Shares; Reservation of --------------------------------------------------------------- Shares ------
Exercise; Expiration Date. Each outstanding Warrant may be exercised on any Business Day which is on or after the date hereof and on or before the Expiration Date, but only if the exercise of such Warrant satisfies the FCC Restrictions and is exempt from the registration requirements of the Securities Act. Any Warrants not exercised by 5:00 p.m., Los Angeles time, on the Expiration Date shall expire and all rights thereunder and all rights in respect thereof under this Agreement shall automatically terminate at such time.
Exercise; Expiration Date. The Warrants are exercisable, at the option of the Holder, in whole or in part at any time and from time to time on or after the date hereof and on or before 5:00 p.m. New York time on the third anniversary of the date hereof (the "Expiration Date"), upon surrender of this Warrant Certificate to the Company together with a 61 duly completed Notice of Exercise, in the form attached hereto as Exhibit A, and payment of an amount equal to the Purchase Price times the number of Warrants to be exercised. In the case of the exercise of less than all the Warrants represented by this Warrant Certificate, the Company shall cancel the Warrant Certificate upon the surrender thereof and shall execute and deliver a new Warrant Certificate for the balance of such Warrants.
Exercise; Expiration Date. 2.1. The Warrants are exercisable, at the option of the Holder, in whole or in part at any time and from time to time in an amount up to [_____](3) Warrants for each full month following March ____, 1998 and ending, in each case, on the Expiration Date, upon surrender of this Warrant Certificate to the Company together with a duly completed Notice of Exercise, in the form attached hereto as Exhibit A, and payment of an amount equal to the Purchase Price times the number of Warrants to be exercised. In the case of exercise of less than all the Warrants represented by this Warrant Certificate, the Company shall cancel the Warrant Certificate upon the surrender thereof and shall execute and deliver a new Warrant Certificate for the balance of such Warrants. Notwithstanding the foregoing provisions of this Section 2.1, in the event of a Change of Control (as hereafter defined), any outstanding Warrants granted hereunder that are not then exercisable, in accordance with the vesting provisions set forth in this Section 2.1, shall become immediately exercisable. For purposes of this Section 2.1, a Change of Control shall mean (i) at such time as any person (other than existing shareholders of the Company) obtains the right to designate a majority of the members of the Company's Board of Directors or acquires sufficient shares of the Company's outstanding voting stock to cause the election of a majority of the seats on the Company's Board of Directors, (ii) the Company merges with another entity and the Company's stockholders prior to the merger do not retain control of the combined entity, or (iii) the Company sells substantially all of its assets or capital stock.
Exercise; Expiration Date. 2.1 One-_________ (1/__) of the Warrants shall vest and become exercisable on the first day of each month after the issuance hereof until all of the Warrants are exercisable and upon such vesting shall be exercisable, at the option of the Holder, in whole or in part at any 1 91 time and from time to time on or before the Expiration Date, upon surrender of this Warrant Certificate to the Company together with a duly completed Notice of Exercise, in the form attached hereto as Exhibit A, and payment of an amount equal to the Purchase Price times the number of Warrants to be exercised. Notwithstanding anything to the contrary contained herein or in the Transaction Documents (as such term is defined under the Reorganization Agreement referred to herein), if the Purchaser (as such term is defined under the Reorganization Agreement referred to herein) shall fail to comply with its obligations under Section 7.1 of the Reorganization Agreement dated as of December ___, 2000 among Presencia en Medios, S.A., Eduaxxx Xxxx, Xxvix Xxxx, Xxbexxx Xxxxxxxx, Xxesence in Media LLC, Virtual Advertisement LLC, PVI LA, LLC, the Company and Princeton Video Image Latin America, LLC, and such failure is not cured within ten (10) days after notice of such failure from the Holder or any member of the Seller Group (as defined in the Reorganization Agreement referred to herein), then at the end of such ten (10) day period, the Warrants shall automatically vest and become exercisable. In the case of exercise of less than all the Warrants represented by this Warrant Certificate, the Company shall cancel the Warrant Certificate upon the surrender thereof and shall execute and deliver a new Warrant Certificate for the balance of such Warrants.
