Common use of Term of Warrants; Exercise of Warrants Clause in Contracts

Term of Warrants; Exercise of Warrants. Subject to the terms of this Agreement, the Warrantholder shall have the right, at any time until 5:00 p.m., Los Angeles time, on November 14, 1999 (the "Termination Date"), to purchase from the Company up to the number of fully paid and nonassessable Shares to which the Warrantholder may at the time be entitled to purchase pursuant to this Agreement, upon surrender to the Company, at its principal office, of this Agreement and payment to the Company of the Warrant Price (as defined in and determined in accordance with the provisions of Sections 4 and 5 hereof), for the number of Shares in respect of which such Warrant is then exercised, but in no event for less than 100 Shares (unless less than an aggregate of 100 Shares are then purchasable under all outstanding Warrants held by a Warrantholder). Payment of the aggregate Warrant Price shall be made in cash, by check or wire transfer, or upon written notice by the Warrantholder that it agrees to the cancellation of a specified amount of outstanding principal or interest which the Company then owes the Warrantholder under that certain Loan Agreement dated October 12, 1994 between the Company and the Warrantholder, as amended and supplemented by that certain Addendum to Loan Agreement of even date herewith between the Company and the Warrantholder. Upon surrender of this Agreement and payment for the Shares, the Company shall issue and cause to be delivered within five business days to or upon the written order of the Warrantholder and in such name or names as the Warrantholder may designate a certificate or certificates for the number of full Shares issuable upon the exercise of the Warrants, together with cash, as provided in Section 7 hereof, in respect of any fractional Share otherwise issuable upon such exercise.

Term of Warrants; Exercise of Warrants. (a) Subject to the terms of this Agreement, the a Warrantholder shall have the right, at any time until during the period commencing at 9:00 a.m., Pacific Time, on _________________, 2000 and ending at 5:00 p.m., Los Angeles timePacific Time, on November 14________________, 1999 2004 (the "Termination Date"), to purchase from the Company up to the number of fully paid and nonassessable Shares to which the Warrantholder may at the time be entitled to purchase pursuant to this Agreement, upon surrender to the Company, at its principal office, of this Agreement the certificate evidencing the Warrants to be exercised, together with the purchase form on the reverse thereof duly filled in and signed, with signatures guaranteed, and upon payment to the Company of the Warrant Price (as defined in and determined in accordance with the provisions of Sections 4 this section 3 and 5 sections 7 and 8 hereof), for the number of Shares in respect of which such Warrant is Warrants are then exercised, but in no event for less than 100 Shares (unless less than an aggregate of 100 Shares are then purchasable under all outstanding Warrants held by a Warrantholder). . (b) Payment of the aggregate Warrant Price shall be made made, at the election of a Warrantholder, in cash, by check or wire transfertransfer to an account of the Company designated for this purpose, or upon written notice by the Warrantholder that it agrees Warrantholder's check payable to the cancellation of a specified amount of outstanding principal Company or interest which by the Warrantholder's notice to the Company then owes the Warrantholder under that certain Loan Agreement dated October 12, 1994 between the Company and the Warrantholder, as amended and supplemented by that certain Addendum to Loan Agreement of even date herewith between the Company and the Warrantholder. Upon surrender of this Agreement and payment for the Shares, the Company shall issue and cause to be delivered within five business days to or upon the written order of the Warrantholder and in such name or names as the Warrantholder may designate a certificate or certificates for the number of full Shares issuable upon the exercise of the Warrants, together with cash, as provided in Section 7 hereof, in respect of any fractional Share otherwise issuable upon such exercise.authorizing

Term of Warrants; Exercise of Warrants. (a) Subject to the terms of this Agreement, the any Warrantholder shall have the right, at any time until during the period commencing at 9:00 a.m., California Time, on ___________, 1999 and ending at 5:00 p.m., Los Angeles timeCalifornia Time, on November 14___________, 1999 2003 (the "Termination Date"), to purchase from the Company up to the number of fully paid and nonassessable non-assessable Shares to which the such Warrantholder may at the time be entitled to purchase pursuant to this Agreement, upon surrender to the Company, at its principal office, of this Agreement the certificate evidencing the Warrants to be exercised, together with the purchase form on the reverse thereof duly filled in and signed, with signatures guaranteed, and upon payment to the Company of the Warrant Price (as defined in and determined in accordance with the provisions of Sections 4 this section 3 and 5 sections 7 and 8 hereof), for the number of Shares in respect of which such Warrant is Warrants are then exercised, but in no event for less than 100 Shares (unless less than an aggregate of 100 Shares are then purchasable under all outstanding Warrants held by a Warrantholder). . (b) Payment of the aggregate Warrant Price shall be made in cash, by check or wire transfer, by certified or upon written notice by official bank check or through the Warrantholder that it agrees to the cancellation use of a specified amount of outstanding principal Appreciation Currency (as defined below), or interest which the Company then owes the Warrantholder under that certain Loan Agreement dated October 12, 1994 between the Company and the Warrantholder, as amended and supplemented by that certain Addendum to Loan Agreement of even date herewith between the Company and the Warrantholderany combination thereof. Upon such surrender of this Agreement the Warrants and payment for the Sharesof such Warrant Price as aforesaid, the Company shall issue and cause to be delivered within five business days to or upon the written order of the Warrantholder and in such name or names as the Warrantholder may designate a certificate or certificates for the number of full Shares issuable upon the exercise of the Warrants, together with cash, as provided in Section 7 hereof, in respect of any fractional Share otherwise issuable upon such exercise.all reasonable

Term of Warrants; Exercise of Warrants. Subject to the terms of this Agreement, the Warrantholder shall have the right, at any time until 5:00 p.m., Los Angeles time, on November 14, 1999 (the "Termination Date"), to purchase from the Company up to the number of fully paid and nonassessable Shares to which the Warrantholder may at the time be entitled to purchase pursuant to this Agreement, upon surrender to the Company, at its principal office, of this Agreement and payment to the Company of the Warrant Price (as defined in and determined in accordance with the provisions of Sections 4 and 5 hereof), for the number of Shares in respect of which such Warrant is then exercised, but in no event for less than 100 Shares (unless less than an aggregate of 100 Shares are then purchasable under all outstanding Warrants held by a Warrantholder). Payment of the aggregate Warrant Price shall be made in cash, by check or wire transfer, or upon written notice by the Warrantholder that it agrees to the cancellation of a specified amount of outstanding principal or interest which the Company then owes the Warrantholder under that certain Loan Agreement dated October 12, 1994 between the Company and the Warrantholder, as amended and supplemented by that certain Addendum to Loan Agreement of even date herewith between the Company and the Warrantholder. Upon surrender of this Agreement and payment for the Shares, the Company shall issue and cause to be delivered within five business days to or upon the written order of the Warrantholder and in such name or names as the Warrantholder may designate a certificate or certificates for the number of full Shares issuable upon the exercise of the Warrants, together with cash, as provided in Section 7 hereof, in respect of any fractional Share otherwise issuable upon such exercise.

Term of Warrants; Exercise of Warrants. 3.1 Subject to the terms of this Agreement, the Warrantholder shall have the right, at any time until during the period commencing at 9:00 a.m., Pacific Time, on October __, 1997 and ending at 5:00 p.m., Los Angeles timePacific Time, on November 14October __, 1999 2001 (the "Termination Date"), to purchase from the Company up to the number of fully paid and nonassessable Shares to which the Warrantholder may at the time be entitled to purchase pursuant to this Agreement, upon surrender to the Company, at its principal office, of this Agreement the certificate evidencing the Warrants to be exercised, together with the purchase form on the reverse thereof duly filled in and signed, and upon payment to the Company of the Warrant Price (as defined in and determined in accordance with the provisions of this Section 3 and Sections 4 7 and 5 8 hereof), for the number of Shares in respect of which such Warrant is Warrants are then exercised, but in no event for less than 100 Shares (unless less than an aggregate of 100 Shares are then purchasable under all outstanding Warrants held by a Warrantholder). Payment of the aggregate Warrant Price shall be made in cash, by check or wire transfercheck, or upon written notice by as set forth in Section 3.3 3.2 The Warrants shall be exercisable, at the Warrantholder that it agrees to the cancellation election of a specified amount of outstanding principal or interest which the Company then owes the Warrantholder under that certain Loan Agreement dated October 12, 1994 between the Company and the Warrantholder, as amended and supplemented by that certain Addendum either in full or from time to Loan Agreement of even date herewith between time in part. Any Warrants not surrendered to the Company and for exercise in accordance with this Section 3.1 prior to 5:00 p.m., Pacific Time, on the Warrantholder. Upon surrender of this Agreement and payment for the Shares, the Company Termination Date shall issue and cause to be delivered within five business days to or upon the written order of the Warrantholder and in such name or names as the Warrantholder may designate a certificate or certificates for the number of full Shares issuable upon the exercise of the Warrants, together with cash, as provided in Section 7 hereof, in respect of any fractional Share otherwise issuable upon such exercisevoid.