Common use of When Exercise Effective Clause in Contracts

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effective immediately prior to the close of business on the Business Day on which this Warrant is surrendered to and the Purchase Price is received by the Company as provided in this Section 2 (the "Exercise Date") and the Person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise, as provided in Subsection 2(b), shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Date.

When Exercise Effective. The Each exercise of this Warrant shall be ----------------------- deemed to have been effective effected immediately prior to the close of business on the Business Day on which this Warrant is shall have been surrendered to to, and the Purchase Price is shall have been received by by, the Company as provided in this Section 2 (the "Exercise Date") 2.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise, exercise as provided in Subsection 2(b), Section 2.3 shall be deemed to be have become the holder or holders of record holder of such shares of Common Stock thereof for all purposes on the Exercise Datepurposes.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effective immediately prior to the close of business on the Business Day on which this Warrant is surrendered to and the Purchase Price is received by the Company as provided in this Section 2 (the "“Exercise Date"”) and the Person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise, as provided in Subsection Section 2(b), shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Date.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effective effected immediately prior to the close of business on the Business Day business day on which this Warrant is surrendered to and the Purchase Price is received by the Company as provided in this Section 2 (2.1, and at such time the "Exercise Date") and the Person person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise, as provided in Subsection 2(b)Section 5, shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Datepurposes.

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effective effected immediately prior to the close of business on the Business Day on which this Warrant is shall have been surrendered to to, and the Purchase Price is shall have been received by by, the Company as provided in this Section 2 (the "Exercise Date") 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 Subsection 2(b), exercise shall be deemed to be have become the holder or holders of record holder of such shares of Common Stock thereof for all purposes on the Exercise Datepurposes.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effective effected immediately prior to the close of business on the Business Day business day on which this Warrant is surrendered to and the Purchase Price is received by the Company shall have received a completed subscription and payment as provided in this Section 2 (hereinabove provided, and at such time the "Exercise Date") and the Person person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise, as provided in Subsection 2(b)Section 2.1, shall be deemed to be have become the Holder of record holder of such shares of Common Stock for all purposes on the Exercise DateStock.

When Exercise Effective. The Each exercise of this Warrant ------------------------ shall be deemed to have been effective effected immediately prior to the close of business on the Business Day on which this Warrant is shall have been surrendered to to, and the Purchase Price is shall have been received by by, the Company as provided in this Section 2 (the "Exercise Date") 2.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise, exercise as provided in Subsection 2(b), Section 2.3 shall be deemed to be have become the holder or holders of record holder of such shares of Common Stock thereof for all purposes on the Exercise Datepurposes.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effective immediately prior to the close of business on the Business Day on which this Warrant is surrendered to and the Purchase Price is received by the Company as provided in this Section Condition 2 (the "Exercise Date") ), and the Person in whose name any certificate for shares of Common Stock Shares shall be issuable upon such exercise, as provided in Subsection 2(b)Condition 2.2, shall be deemed to be the record holder of such shares of Common Stock Shares for all purposes on the Exercise Date.

When Exercise Effective. The exercise of this Warrant shall be ----------------------- deemed to have been effective immediately prior to the close of business on the Business Day on which this Warrant is surrendered to and the Purchase Price is received by the Company as provided in this Section 2 (the "Exercise DateEXERCISE DATE") and the Person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise, as provided in Subsection 2(b), shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Date.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effective immediately prior to the close of business on the Business Day on which this Warrant is surrendered to and the Purchase Price is received by the Company as provided in this Section 2 (the "“Exercise Date"”) and the Person in whose name any certificate for shares of Common Stock Shares shall be issuable upon such exercise, as provided in Subsection 2(b), shall be deemed to be the record holder of such shares of Common Stock Shares for all purposes on the Exercise Date.

When Exercise Effective. The Each exercise of this Warrant shall be ----------------------- deemed to have been effective effected immediately prior to the close of business on the Business Day on which this Warrant is shall have been surrendered to to, and the Purchase Price is shall have been received by by, the Company as provided in this Section 2 (the "Exercise Date") 2.1, and at such time the Person or Persons in whose name or names any certificate certificates or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise, exercise as provided in Subsection 2(b), Section 2.3 shall be deemed to be have become the holder or holders of record holder of such shares of Common Stock thereof for all purposes on the Exercise Date.purposes. 2.3

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effective immediately prior to the close of business on the Business Day on which this Warrant is surrendered to and exercised in accordance with the Purchase Price is received by the Company as provided in provisions of this Section 2 (the "Exercise DateEXERCISE DATE") and the Person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise, as provided in Subsection Section 2(b), shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Date.

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effective effected immediately prior to the close of business on the Business Day on which this Warrant is shall have been surrendered to to, and the Purchase Price is shall have been received by by, the Company as provided in this Section 2 (the "Exercise Date") 2.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise, exercise as provided in Subsection 2(b), Section 2.4 shall be deemed to be have become the holder or holders of record holder of such shares of Common Stock thereof for all purposes on the Exercise Datepurposes.

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effective effected immediately prior to the close of business on the Business Day on which this Warrant is shall have been surrendered to to, and the Purchase Price is shall have been received by by, the Company as provided in this Section 2 (the "Exercise Date") 2.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise, as provided in Subsection 2(b), shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Date.exercise as

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effective effected immediately prior to the close of business on the Business Day on which this Warrant is shall have been surrendered to to, and the Purchase Price is shall have been received by by, the Company as provided in this Section 2 (the "Exercise Date") 2.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise, as provided in Subsection 2(b), shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Date.be

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effective immediately prior to the close of business on the Business Day on which this Warrant is surrendered to and the Purchase Price is received by the Company as provided in this Section 2 (the "Exercise Date") and the Person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise, as provided in Subsection 2(b), shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Date.Common

When Exercise Effective. The Each exercise of this Warrant shall be ----------------------- deemed to have been effective effected immediately prior to the close of business on the "Business Day Day" (as hereinbelow defined) on which this the Certificate, Form of Election to Purchase Shares and the Aggregate Exercise Price (if the Warrant is surrendered to and being exercised in accordance with the Purchase Price is provisions of Section 1(b)(i) and/or Section 1(b)(iii) above) shall have been received by the Company as provided in this Section 2 (2. At such time, the "Exercise Date") and the Person Holder or Holders in whose name or names any certificate for shares of Common Stock shall be issuable upon such exercise, as provided in Subsection 2(b), shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Date.or

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effective immediately prior to the close of business on the Business Day on which this Warrant is surrendered to and exercised in accordance with the Purchase Price is received by the Company as provided in provisions of this Section 2 (the "Exercise DateEXERCISE DATE") and the Person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise, as provided in Subsection 2(b), shall be deemed to be the record holder of such shares of Common Stock for all purposes on the Exercise Date.

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effective effected immediately prior to the close of business on the Business Day on which this Warrant is shall have been surrendered to to, and the Purchase Price is shall have been received by by, the Company as provided in this Section 2 (the "Exercise Date") 2.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Class C Common Stock (or Other Securities) shall be issuable upon such exercise, exercise as provided in Subsection 2(b), Section 2.4 shall be deemed to be have become the holder or holders of record holder of such shares of Common Stock thereof for all purposes on the Exercise Datepurposes.