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., Carrollton, Texas, time on the date that the Bank opens for business (the "Issue Date"). The term for the exercise of the Warrants shall expire at 5:00 p.m., Carrollton, Texas 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 2 contracts

Samples: Organizer Warrant Agreement (Maverick Bancshares, Inc.), Director Warrant Agreement (Maverick Bancshares, Inc.)

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Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., CarrolltonArlington, Texas, Texas time on the date that the Bank opens for business (the "Issue Date"). The term for the exercise of the Warrants shall expire at 5:00 2:00 p.m., CarrolltonArlington, Texas 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: Warrant Agreement (Sunbelt Bancshares, Inc.)

Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., CarrolltonAustin, Texas, Texas time on the date that Treaty Oak Bank (the Bank "Bank") opens for business (the "Issue Date")) in Austin, Texas. The term for the exercise of the Warrants shall expire at 5:00 2:00 p.m., CarrolltonAustin, Texas Texas, time on the earlier to occur of (i) the tenth anniversary of the Issue DateJune 30, 2007, or (ii) the date provided in Section 3(b) of this Agreement (the "Expiration Time").

Appears in 1 contract

Samples: Warrant Agreement (Treaty Oak Bancorp Inc)

Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., CarrolltonDallas, Texas, Texas time on the date that T Bank, N.A. (the Bank "Bank") opens for business (the "Issue Date"). The term for the exercise of the Warrants shall expire at 5:00 2:00 p.m., CarrolltonDallas, Texas 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: Warrant Agreement (First Metroplex Capital Inc)

Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., CarrolltonDallas, Texas, Texas time on the date that the Bank opens for business (the "Issue Date"). The term for the exercise of the Warrants shall expire at 5:00 2:00 p.m., CarrolltonDallas, Texas 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: Warrant Agreement (First Metroplex Capital Inc)

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Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., CarrolltonArlington, Texas, Texas time on the date that Sunbelt Bank. (the Bank "Bank") opens for business (the "Issue Date"). The term for the exercise of the Warrants shall expire at 5:00 2:00 p.m., CarrolltonArlington, Texas 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 (Sunbelt Bancshares, Inc.)

Term of Warrants. (a) The term for the exercise of the Warrants shall begin at 9:00 a.m., Carrollton, Texas, time on the date that Maverick Bank (the Bank "Bank") opens for business (the "Issue Date"). The term for the exercise of the Warrants shall expire at 5:00 p.m., Carrollton, Texas 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 (Maverick Bancshares, Inc.)

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