Common use of Term of Warrants Clause in Contracts

Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., West Bloomfield Township, Michigan time on the date that the Company opens for business (the “Issue Date”). The term for the exercise of the Warrants shall expire at 2:00 p.m., West Bloomfield Township, Michigan time on the earlier to occur of (i) the tenth anniversary of the Issue Date or (ii) the date provided in Section 3(b) of this Agreement (the “Expiration Time”).

Appears in 1 contract

Samples: Organizer Warrant Agreement (City Central Bancorp, Inc.)

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Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., West Bloomfield TownshipGrand Rapids, Michigan time on the date that the Company opens for business ___________, 2008 (the “Issue Date”). The term for the exercise of the Warrants shall expire at 2:00 p.m., West Bloomfield TownshipGrand Rapids, Michigan time on the earlier to occur of (i) the tenth third anniversary of the Issue Date Date, or (ii) the date provided in Section 3(b) of this Agreement (the “Expiration Time”).

Appears in 1 contract

Samples: Shareholder Warrant Agreement (Grand River Commerce Inc)

Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., West Bloomfield TownshipGrand Rapids, Michigan time on the date that the Company opens for business ___________, 2008 (the “Issue Date”). The term for the exercise of the Warrants shall expire at 2:00 p.m., West Bloomfield TownshipGrand Rapids, Michigan time on the earlier to occur of (i) the tenth anniversary of the Issue Date Date, or (ii) the date provided in Section 3(b) of this Agreement (the “Expiration Time”).

Appears in 1 contract

Samples: Organizer Warrant Agreement (Grand River Commerce Inc)

Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., West Bloomfield Township, Michigan time on the date that the Company opens for business (the “Issue Date”). The term for the exercise of the Warrants shall expire at 2:00 p.m., West Bloomfield Township, Michigan time on the earlier to occur of (i) the tenth third anniversary of the Issue Date or (ii) the date provided in Section 3(b) of this Agreement (the “Expiration Time”).

Appears in 1 contract

Samples: Shareholder Warrant Agreement (City Central Bancorp, Inc.)

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Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., West Bloomfield TownshipGrand Rapids, Michigan time on the date that the Company opens for business April 30, 2009 (the “Issue Date”). The term for the exercise of the Warrants shall expire at 2:00 p.m., West Bloomfield TownshipGrand Rapids, Michigan time on the earlier to occur of (i) the tenth anniversary of the Issue Date Date, or (ii) the date provided in Section 3(b) of this Agreement (the “Expiration Time”).

Appears in 1 contract

Samples: Capital Warrant Agreement (Grand River Commerce Inc)

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