Common use of When Exercise Effective Clause in Contracts

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day on which this Warrant is surrendered to the Company as provided in Section 3 and, at such time, the person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise shall be deemed to be the record holder of such Common Stock for all purposes.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 andsection 1.1, and at such time, time the person 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 section 1.3 shall be deemed to be have become the holder or holders of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day on which this Warrant is surrendered to the Company as provided in Section 3 andshall have received a completed subscription and payment has hereinabove provided, and at such time, time the person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise exercise, as provided in Section 3.3, shall be deemed to be have become the Holder of record holder of such Common Stock for all purposes.Stock. 2.3

When Exercise Effective. The Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and, at 1.1. 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 1.3 shall be deemed to be have become the stockholder(s) of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and1.1, and at such time, time the person Purchaser 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 section 1.3 shall be deemed to be have become the record holder of such Common Stock for all purposesrecord thereof.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day on which this Warrant is surrendered to the Company as provided in Section 3 2 and, at such time, the person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise shall be deemed to be the record holder of such Common Stock for all purposes.

When Exercise Effective. The Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and1.1, and at such time, time the person Person or Persons in whose name or names any certificate or certificates for shares of Class A Common Stock (or Other Securities) shall be issuable upon such exercise as provided in Section 1.3 shall be deemed to be have become the holder or holders of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and2.1, and the person(s) in whose name(s) the certificate(s) for shares of the Common Stock (or Other Securities) that are to be issued up.on such exercise in accordance with Section 2.3 shall be deemed the holder(s) of record thereof at such time, the person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise shall be deemed to be the record holder of such Common Stock for all purposes.

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 3.1 hereof, and, at such time, the person 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 Section 3.3 hereof shall be deemed to be have become the holder or holders of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day on which this Warrant is surrendered to the Company shall have received a completed subscription and payment as provided in Section 3 andhereinabove provided, and at such time, time the person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise exercise, as provided in Section 2.1, shall be deemed to be have become the Holder of record holder of such Common Stock for all purposes.Stock. 2.3

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day on which this Warrant is surrendered to the Company as provided in Section 3 andsection 1.1, at such time, and the person in whose name any certificate for Purchaser shall be deemed to have become the holder of record of the shares of Common Stock shall be (or Other Securities) issuable upon such exercise at such time notwithstanding that certificates representing such shares shall not then be deemed actually delivered to be the record holder of such Common Stock for all purposesPurchaser.

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall be deemed to have been surrendered to the Company as provided in Section 3 and1.1 hereof, and at such time, time the person 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 Section 1.3 hereof shall be deemed to be have become the holder or holders of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The exercise Exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and1.1. At such time the person, at such time, the person corporation or other entity (a "Person") in whose name or names any certificate or certificates for shares of Common Stock shall be issuable upon such exercise as provided in Section 1.3 shall be deemed to be have become the holder or holders of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 andsection 1.1, and at such time, time the person 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 section 1.3 shall be deemed to be have become the holder or holders of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and1.1 hereof, and at such time, time the person 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 Section ------- 1.3 hereof shall be deemed to be have become the holder or holders of record holder of such Common Stock for all purposes--- thereof.

When Exercise Effective. The exercise of this Warrant pursuant to Section 3 shall be deemed to have been effected immediately prior to the close of business on the business day on which this Warrant is surrendered to the Company as provided in Section 3 and3.1, or on such later date as is specified in the form of subscription, and at such time, time the person in whose name any certificate for shares of Common Stock shall be issuable upon such exercise exercise, as provided in Section 5, shall be deemed to be the record holder of such Common Stock for all purposes.

When Exercise Effective. The Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and, at 1.1. At such time, time the person 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 Section 1.3, shall be deemed to be have become the Holder or holders of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and, at 1.1. At such time, the person 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 1.3 (the "Warrant Shares") shall be deemed to be have become the stockholder(s) of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and, at 1.1. At such time, the person 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 1.4 shall be deemed to be have become the stockholder(s) of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The Each exercise of this Warrant shall ----------------------- be deemed to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 and, at 1.1. At such time, time the person 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 Section 1.3, shall be deemed to be have become the Holder or Holders of record holder of such Common Stock for all purposesthereof.

When Exercise Effective. The Each exercise of this Warrant shall be deemed ----------------------- to have been effected immediately prior to the close of business on the business day Business Day on which this Warrant is shall have been surrendered to the Company as provided in Section 3 andsection 1.1, and at such time, time the person 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 section 1.3 shall be deemed to be have become the holder or holders or record holder of such Common Stock for all purposesthereof.