Common use of Warrant Term Clause in Contracts

Warrant Term. The Warrant shall in no event be exercisable after the expiration of ten (10) years from the date of this Agreement (the "Warrant Term); provided that, if during the ninety days prior to the expiration of the Warrant Term, Holder is barred under Section 5 from exercising the Warrant, the Warrant Term shall be extended until the Company provides written notice to Holder that it is no longer ban-red from exercising the Warrant, plus an additional ninety (90) days thereafter.

Appears in 2 contracts

Samples: Warrant Agreement (Guitammer Co), Warrant Agreement (Guitammer Co)

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Warrant Term. The Warrant shall in no event be exercisable after the expiration of ten (10) years from the date of this Agreement (the "Warrant Term); provided that, if during the ninety days prior to the expiration of the Warrant Term, Holder is barred under Section 5 from exercising the Warrant, the Warrant Term shall be extended until the Company provides written notice to Holder that it is no longer ban-red burred from exercising the Warrant, plus an additional ninety (90) days thereafter.

Appears in 2 contracts

Samples: Warrant Agreement (Guitammer Co), Warrant Agreement (Guitammer Co)

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Warrant Term. The Warrant shall in no event be exercisable after the expiration of ten (10) years from the date of this Agreement (the "Warrant Term); provided that, if during the ninety days prior to the expiration of the Warrant Term, Holder is barred under Section 5 from exercising the Warrant, the Warrant Term shall be extended until the Company provides written notice to Holder that it is no longer ban-red barrred from exercising the Warrant, plus an additional ninety (90) days thereafter.

Appears in 2 contracts

Samples: Warrant Agreement (Guitammer Co), Warrant Agreement (Guitammer Co)

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