Common use of When Exercise Deemed Effected Clause in Contracts

When Exercise Deemed Effected. Each exercise of Warrants pursuant to this Agreement shall be deemed to have been effected immediately upon surrender of such Warrants to the Company as provided in Section 2.2, and at such time, the person or persons in whose name or names any certificate or certificates for shares of Common Stock shall be issuable upon such exercise as provided in Section 2.5 shall be deemed to have become the holder of record thereof.

Appears in 6 contracts

Samples: Warrant Agreement (Florida Power & Light Co), Warrant Agreement (Florida Power & Light Co), Warrant Agreement (Infinity Inc)

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When Exercise Deemed Effected. Each exercise of Warrants pursuant to this Agreement shall be deemed to have been effected immediately upon surrender of such Warrants to the Company as provided in Section 2.22.2 or Section 2.3, and at such time, the person or persons in whose name or names any certificate or certificates for shares of Common Stock shall be issuable upon such exercise as provided in Section 2.5 shall be deemed to have become the holder of record thereof.

Appears in 1 contract

Samples: Warrant Agreement (Gexa Corp)

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When Exercise Deemed Effected. Each exercise of Warrants pursuant to this Agreement shall be deemed to have been effected immediately upon surrender of such Warrants to the Company as provided in Section 2.2, and at such time, 2 the person or persons in whose name or names any certificate or certificates for shares of Common Stock shall be issuable upon such exercise as provided in Section 2.5 shall be deemed to have become the holder of record thereof.

Appears in 1 contract

Samples: Warrant Agreement (Gulfwest Energy Inc)

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