Common use of Limitation on Exercise Clause in Contracts

Limitation on Exercise. If this Warrant is not exercised prior to 5:00 P.M. on the Expiration Date (or the next succeeding Business Day, if the Expiration Date is a Nonbusiness Day), this Warrant, or any new Warrant issued pursuant to subsection 1.1, shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to subsection 1.3, this Warrant shall not be exercisable, and no Warrant Shares shall be issued hereunder, prior to 9:00 A.M. New York City time on the First Exercise Date.

Appears in 12 contracts

Samples: Warrant Agreement (Fyi Inc), Warrant Agreement (Fyi Inc), Warrant Agreement (Fyi Inc)

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Limitation on Exercise. If this Warrant is not exercised prior to 5:00 P.M. on the Expiration Date (or the next succeeding Business Day, if the Expiration Date is a Nonbusiness Day), this Warrant, or any new Warrant issued pursuant to subsection 1.1, shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to subsection 1.3, this This Warrant shall not be exercisable, and no Warrant Shares shall be issued hereunder, prior to 9:00 A.M. New York City time on the First Exercise Date.

Appears in 12 contracts

Samples: Warrant Agreement (Fyi Inc), Warrant Agreement (Fyi Inc), Warrant Agreement (Fyi Inc)

Limitation on Exercise. If this Warrant is not exercised prior to 5:00 P.M. on the Expiration Date (or the next succeeding Business Day, if the Expiration Date is a Nonbusiness Day), this Warrant, or any new Warrant issued pursuant to subsection Section 1.1, shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to subsection 1.3, this This Warrant shall not be exercisable, and no Warrant Shares shall be issued hereunder, prior to 9:00 A.M. New York City time on the First Exercise Date.

Appears in 10 contracts

Samples: Warrant Agreement (Fyi Inc), Warrant Agreement (Fyi Inc), Warrant Agreement (Fyi Inc)

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Limitation on Exercise. If this Warrant is not exercised prior to 5:00 P.M. on the Expiration Date (or the next succeeding Business Day, if the Expiration Date is a Nonbusiness Day), this Warrant, or any new Warrant issued pursuant to subsection 1.11.1 herein, shall cease to be exercisable and shall become void and all rights of the Warrantholder hereunder shall cease. Subject to subsection 1.3, this This Warrant shall not be exercisable, and no Warrant Shares shall be issued hereunder, prior to 9:00 A.M. New York City time on the First Exercise Date.

Appears in 1 contract

Samples: Warrant Agreement (Sunset Financial Resources Inc)

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