Term and Exercise of Warrants Sample Clauses

Term and Exercise of Warrants. (a) Subject to the terms and conditions set forth herein, this Warrant shall be exercisable, in whole or in part, commencing the date hereof (the “Issuance Date”) and ending on the ten-year anniversary of the issuance date of this Warrant (the “Expiration Date”).
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Term and Exercise of Warrants. 2.1 Each Warrant entitles the registered owner thereof to purchase one share of Common Stock (subject to adjustment as set forth herein) at any time from 10:00 a.m., California time, on July 24, 1998 (the "INITIATION DATE") until 6:00 p.m., California time, on July 24, 2002 (the "EXPIRATION DATE") at a purchase price of $14.00 (subject to adjustment as set forth herein) (the "WARRANT PRICE"). Subject to the provisions of this Agreement, each registered Holder (as defined below) of Warrants shall have the right to exercise the Warrants and purchase the underlying Warrant shares, either in their entirety or from time to time, effective as of any date specified by the Holder from and after the Initiation Date and on or before the Expiration Date in the manner set forth in the Warrant Certificate. Payment of the aggregate Warrant Price for all Warrant Shares for which Warrants are exercised shall be made, in the discretion of the Holder, in cash or by certified or official bank check or by net issuance, or a combination thereof. Exercise by net issuance shall be effected without payment by the Holder of any cash or other consideration by the Company's withholding from the Warrant Shares that would otherwise be issued upon exercise if the exercise price were paid in cash, that number of Warrant Shares which, when multiplied by the Closing Price for the day immediately preceding the date of exercise, equals the aggregate Warrant Price for the Warrants so exercised.
Sample 1
Term and Exercise of Warrants. Subject to the terms and conditions set forth therein, each Warrant shall be exercisable during the term commencing on the date hereof and ending on the first anniversary of the issue date of such warrant, and shall be exercised in the manner more particularly set forth therein.
Sample 1Sample 2
Term and Exercise of Warrants. 6.1 Subject to the terms of this Warrant Certificate, each Holder shall have the right, which may be exercised on or after the date hereof and until 5:00 p.m., Los Angeles time, -4- 5 on the Termination Date, to purchase from the Company at the Exercise Price (and the Company shall issue and sell to such Holder) the number of fully paid and nonassessable Units which such Holder may at the time be entitled to purchase on exercise of such Warrants as provided under this Section 6 and Section 10.
Sample 1
Term and Exercise of Warrants. (a) Subject to the terms of this Agreement, each Warrantholder shall have the right, at any time prior to the termination date specified on the signature page hereto (the "Termination Date"), to purchase from the Company up to the number of fully paid and nonassessable Shares which such Warrantholder may at the time be entitled to purchase pursuant to this Agreement, upon surrender to the Company at its principal office of the certificates evidencing the Warrants to be exercised, with the attached purchase form duly completed and signed, and upon payment to the Company of the Warrant Price (as determined in accordance with the provisions hereof) for the number of Shares in respect of which such Warrants are then exercised, but in no event for fewer than 100 Shares (unless fewer than an aggregate of 100 Shares are then purchasable under all outstanding Warrants held of record by a Warrantholder). Payment of the aggregate Warrant Price shall be made in cash or by certified or cashier's check or any combination thereof.
Sample 1
Term and Exercise of Warrants. (a) Subject to the terms and conditions set forth herein, this Warrant shall be exercisable, in whole or in part, commencing the date (the “Exercisable Date”) that is (1) day after the date an amendment to the certificate of incorporation of the Company, as amended (the “Charter”, such amendment the “Charter Amendment”) to increase the Company’s authorized capital from 100 million shares (currently comprised of 90 million shares of common stock and 10 million shares of preferred stock) to 220 million shares (comprised of 200 million shares of common stock and 20 million shares of preferred stock) is filed and effective with the Secretary of State of the State of Delaware and ending on the ten-year anniversary of the Issuance Date (the “Expiration Date”).
Sample 1
Term and Exercise of Warrants 
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs

Related to Term and Exercise of Warrants

  • Exercise of Warrants (a) During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of Warrant Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Securities set forth on the reverse side of the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Securities on such date, but shall be effective to constitute such person as the holder of record of such Warrant Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Securities purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

  • Warrant Price Duration and Exercise of Warrants Section 2.1 WARRANT PRICE.(2) During the period from ____________, 19__ through and including ____________, 19__, each Warrant shall entitle the Holder thereof, subject to the provisions of this Agreement, to purchase from the Company the principal amount of Warrant Debt Securities stated in the Warrant Certificate at the exercise price of __% of the principal amount thereof [plus accrued amortization, if any, of the original issue discount of the Warrant Debt Securities] [plus accrued interest, if any, from the most recent date from which interest shall have been paid on the Warrant Debt Securities or, if no interest shall have been paid on the Warrant Debt Securities, from ____________, 19__]. [In each case, the original issue discount ($__________ for each $1,000 principal amount of Warrant Debt Securities) will be amortized at a % annual rate, computed on a[n] [semi-]annual basis [using a 360-day year consisting of twelve 30-day months].] Such exercise price of each Warrant is referred to in this Agreement as the "Exercise Price."

  • Exercise of Warrant Exercise of the purchase rights represented by this Warrant may be made, in whole or in part, at any time or times on or after the Initial Exercise Date and on or before the Termination Date by delivery to the Company of a duly executed facsimile copy or PDF copy submitted by e-mail (or e-mail attachment) of the Notice of Exercise in the form annexed hereto (the “Notice of Exercise”). Within the earlier of (i) two (2) Trading Days and (ii) the number of Trading Days comprising the Standard Settlement Period (as defined in Section 2(d)(i) herein) following the date of exercise as aforesaid, the Holder shall deliver the aggregate Exercise Price for the Warrant Shares specified in the applicable Notice of Exercise by wire transfer or cashier’s check drawn on a United States bank unless the cashless exercise procedure specified in Section 2(c) below is specified in the applicable Notice of Exercise. No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise be required. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date on which the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in purchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares purchasable hereunder in an amount equal to the applicable number of Warrant Shares purchased. The Holder and the Company shall maintain records showing the number of Warrant Shares purchased and the date of such purchases. The Company shall deliver any objection to any Notice of Exercise within one (1) Trading Day of receipt of such notice. The Holder and any assignee, by acceptance of this Warrant, acknowledge and agree that, by reason of the provisions of this paragraph, following the purchase of a portion of the Warrant Shares hereunder, the number of Warrant Shares available for purchase hereunder at any given time may be less than the amount stated on the face hereof.

Time is Money Join Law Insider Premium to draft better contracts faster.