Common use of Term; Exercise Upon Expiration Clause in Contracts

Term; Exercise Upon Expiration. This warrant is exercisable in whole or in part, at any time and from time to time on or before the Expiration Date set forth above. If this warrant has not been exercised prior to the Expiration Date, and if the Fair Market Value of the Shares as of the Expiration Date is greater than the Warrant Price, this warrant shall be deemed to have been automatically exercised on the Expiration Date by “cashless” conversion pursuant to Section 1.2 as to all Shares (or such other securities) for which it shall not previously have been exercised.

Appears in 4 contracts

Samples: Voting Agreement (Sigilon Therapeutics, Inc.), Voting Agreement (Sigilon Therapeutics, Inc.), Voting Agreement (Sigilon Therapeutics, Inc.)

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Term; Exercise Upon Expiration. This warrant is exercisable in whole or in part, at any time and from time to time on or before the Expiration Date set forth above. If this warrant has not been exercised prior to If, on the Expiration Date, and if the Fair Market Value (as defined below) of the Shares as of the Expiration Date one Share is greater than the exercise price in effect on such date, then this Warrant Price, this warrant shall automatically be deemed on and as of such date to have been automatically be exercised on the Expiration Date by “cashless” conversion pursuant to Section 1.2 as to all Shares (or such other securities) for which it shall not previously have been exercised.

Appears in 1 contract

Samples: Xtera Communications, Inc.

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Term; Exercise Upon Expiration. This warrant Warrant is exercisable in whole or in part, at any time and from time to time on or before the Expiration Date set forth above. If this warrant has not been exercised prior to the Expiration Date, and if the Fair Market Value fair market value of the Shares one Share (as of the Expiration Date determined in accordance with Section 1.4) is then greater than the Warrant Pricethen-applicable per share exercise price, then this warrant shall be deemed to have been automatically exercised on the Expiration Date by “cashless” conversion pursuant to Section 1.2 as to all Shares (or such other securities) for which it shall not previously have been exercised1.2.

Appears in 1 contract

Samples: Akesis Pharmaceuticals, Inc.

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