Termination of the Warrants Sample Clauses

Termination of the Warrants. Any and all Warrants which have not been exercised as of immediately after the expiration of the Exercise Period shall immediately terminate and be canceled and may not be exercised thereafter under any circumstance.
Sample 1
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Termination of the Warrants. The Company and Warrant Holder hereby acknowledge and agree that the Warrants will be terminated as of the Closing, with no further action required by either the Company or the Warrant Holder. The Warrant Holder agrees to waive, and hereby waives, any and all rights that the Warrant Holder may have pursuant to the Warrants, including but not limited to, any notice requirements or other provisions contained in the Warrants. The Warrant Holder hereby acknowledges and agrees that (i) the consideration specified in Section 2 below and as more elaborately provided for in the Purchase Agreement represents full and final satisfaction of all of the Company’s obligations and all of Warrant Holder’s rights pursuant to the Warrants or in connection with the Transaction, (ii) effective upon the termination of the Warrants at the Closing, the Warrants will have no further force or effect, and (iii) effective upon the termination of the Warrants at the Closing, the Company will have no further obligations to the Warrant Holder as a holder of the Warrants.
Sample 1
Termination of the Warrants. All of the Warrants held by Holder will be automatically terminated as of the Effective Date with no further action required by either the Company or Holder. Holder agrees to waive, and hereby waives, any and all rights that he may have pursuant to the Warrants, including, without limitation, any notice requirements or other provisions contained in any agreements relating to the Warrants. Holder hereby acknowledges and agrees that the consideration specified in Section 2 below represents full and final satisfaction of all of the Company’s obligations to Holder in respect of the Warrants. Effective upon the termination of the Warrants, the Warrants will have no further force or effect and the Company will not have any further obligations to Holder with respect to the Warrants.
Sample 1
Termination of the Warrants. All of the Warrants held by Schmerin and Windber will be automatically terminated as of the Effective Date with no further action required by either the Company, Schmerin or Windber. Each of Schmerin and Windber agrees to waive, and hereby waives, any and all rights that he or it may have pursuant to the Warrants, including, without limitation, any notice requirements or other provisions contained in any agreements relating to the Warrants. Each of Schmerin and Windber hereby acknowledges and agrees that the consideration specified in Section 2 below and as more fully provided for in the Separation Agreement represents full and final satisfaction of all of the Company’s obligations to Schmerin or Windber in respect of the Warrants, including, without limitation, in connection with the transactions contemplated by the Separation Agreement. Effective upon the termination of the Warrants, the Warrants will have no further force or effect and the Company will not have any further obligations to Schmerin or Windber with respect to the Warrants.
Sample 1

Related to Termination of the Warrants

  • Expiration of the Warrant This Warrant shall expire and shall no longer be exercisable as of the earlier of:

  • Replacement of the Warrant Subject to the receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant and, in the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably satisfactory in form and substance to the Company or, in the case of mutilation, on surrender and cancellation of this Warrant, the Company at the expense of the Holder shall execute and deliver, in lieu of this Warrant, a new warrant of like tenor and amount.

  • Authorization of the Warrants The Company has duly authorized the issuance and sale of the Warrants to the Purchaser.

  • Examination of the Warrant Agreement A copy of this Agreement shall be available at all reasonable times at the office of the Warrant Agent in the Borough of Manhattan, City and State of New York, for inspection by the Registered Holder of any Warrant. The Warrant Agent may require any such holder to submit such holder’s Warrant for inspection by the Warrant Agent.

  • Termination of the Repurchase Right The Repurchase Right shall terminate with respect to any Unvested Shares for which it is not timely exercised under Paragraph C.2. In addition, the Repurchase Right shall terminate and cease to be exercisable with respect to any and all Purchased Shares in which Participant vests in accordance with the following Vesting Schedule:

  • Terms of the Warrants (i) The Warrants shall have their terms set forth in a Warrant Agreement to be entered into by the Company and a warrant agent, in connection with the Public Offering (a “Warrant Agreement”).

  • Exercise of the 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 (or such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the address of the Holder appearing on the books of the Company) of a duly executed facsimile copy of the Notice of Exercise in the form annexed hereto. Within three (3) Trading Days following the date of exercise as aforesaid, the Holder shall deliver the aggregate Exercise Price for the 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 form 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 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) Business 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.

  • TERMINATION OF THE OFFERING The undersigned understands that the Company may terminate the offering at any time and for any reason. If the offering is so terminated, and the Company is holding subscriptions that have not been accepted by an authorized representative of the Company, together with the un-accepted subscription agreements, then in that event the subscriptions so held shall be returned without any interest earned thereon.

  • TERM OF THE WARRANT AGREEMENT Except as otherwise provided for herein, the term of this Warrant Agreement and the right to purchase Preferred Stock as granted herein shall commence on the Effective Date and shall be exercisable for a period of (i) seven (7) years or (ii) three (3) years from the effective date of the Company's initial public offering, whichever is longer.

  • Rights and Obligations Survive Exercise of the Warrant Except as otherwise provided herein, the rights and obligations of the Company and the Holder under this Warrant shall survive exercise of this Warrant.

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