Common use of Outstanding Company Derivative Securities Clause in Contracts

Outstanding Company Derivative Securities. The Company shall, and shall cause its Subsidiaries to, arrange that the holders of all outstanding options, warrants and other derivative securities of the Company or any Subsidiary exercise such securities prior to the Effective Time. Such exercise may be made contingent upon the occurrence of the Closing and no Person shall have any right to acquire any ownership or other equity interest in the Company or any Subsidiary (other than Parent at Closing).

Outstanding Company Derivative Securities. The Company shall, and shall cause its Subsidiaries to, arrange that the holders of all outstanding options, warrants options and other derivative securities of the Company or any Subsidiary (other than Company Warrants) exercise such securities prior to the Effective TimeTime or otherwise cause such options and other derivative securities to terminate. Such exercise or termination may be made contingent upon the occurrence of the Closing and and, as of the Closing, no Person shall have any right to acquire any ownership or other equity interest in the Company or any Subsidiary (other than Parent at Closing).

Outstanding Company Derivative Securities. The Company shall, and shall cause its Subsidiaries to, arrange that the holders of cause all outstanding options, warrants and other derivative securities of the Company or any Subsidiary exercise to have been terminated or that all holders thereof shall have exercised such securities prior to the Effective Time. Such exercise may be made contingent upon the occurrence of the Closing and no Person shall have any right to acquire any ownership or other equity interest in the Company or any Subsidiary (other than Parent Secure at Closing).