Duration and Exercise of Warrant. Subject to the terms and conditions set forth herein, the Warrant may be exercised, in whole or in part, by the Warrantholder by:
Duration and Exercise of Warrant. (a) This Warrant may be exercised as to 100% of the underlying shares at any time following the date of receipt by the Compensation Committee of the Board of Directors of the Corporation's audited financial statements showing the Corporation's actual earnings per share for the year ended December 31, 2000 ("fiscal 2000"), provided that such earnings are not less than $1.93 per share. The Company shall use its best efforts to deliver to the Compensation Committee the audited financial statements showing the Corporation's actual fiscal 2000 earnings per share by March 5, 2001. If the Corporation's actual 2000 fiscal earnings is less than $1.93 per share, then this Warrant shall be exercisable as to 100% of the underlying shares at any time following the date of receipt by the Compensation Committee of the Board of Directors of the Corporation's audited statements showing the Corporation's actual earnings per share for the year ended December 31, 2001 ("fiscal 2001"), provided that such earnings are not less than $2.39 per share. The Company shall use its best efforts to deliver to the Compensation Committee the audited financial statements showing the Corporation's the actual fiscal 2001 earnings by March 5, 2002. However, in any case, this Warrant shall vest as to 100% of the underlying shares on March 5, 2008. The date this Warrant is first exercisable is hereinafter referred to as the "Exercise Date". The Company shall give prompt notice to the Warrantholder of the Exercise Date in accordance with Section 7.6. This Warrant expires at 5:00 P.M., New York City time on May 19, 2009 (the "Expiration Date"). In addition, in the event of a Change in Control of the Company, the right to exercise 100% of the underlying shares shall immediately vest. A "Change in Control" shall be deemed to have occurred if:
Duration and Exercise of Warrant. Subject to the terms and conditions set forth herein, this Warrant may be exercised, in whole or in part, by the Warrantholder by:
Duration and Exercise of Warrant. (a) This Warrant shall be exercisable by the then registered Holder on any business day before 5:00 P.M., California time, at any time and from time to time on or after the date hereof to and including the Expiration Date. At 5:00 P.M., California time on the Expiration Date, the portion of this Warrant not exercised prior thereto shall be and become void and of no value.
Duration and Exercise of Warrant. Subject to Sections 2(b), 4, 5, 6 and 7 herein, the parties hereto agree as follows,
Duration and Exercise of Warrant. (a) Subject to Section 1.2, this Warrant may be exercised to purchase (i) 50% of the underlying shares from and after 9:00 A.M. New York City time on January 24, 2002 (the "First Exercise Date") and (ii) 50% of the underlying shares on January 24, 2003 (the "Second Exercise Date"). Each of the First Exercise Date and the Second Exercise Date are hereinafter referred to from time to time, as applicable, as the "Exercise Date" and collectively from time to time as the "Exercise Dates"). The Company shall give prompt notice to the Warrantholder of the Exercise Date in accordance with Section 7.6. This Warrant expires at 5:00 P.M., New York City time on January 24, 2011 (the "Expiration Date").
Duration and Exercise of Warrant. (a) This Warrant may be exercised to purchase (i) 20% of the underlying shares from and after 9:00 A.M. New York City time on October 27, 1999 (the "Initial Exercise Date"); (ii) 20% of the underlying shares on October 27, 2000 (the "Second Exercise Date"); (iii) 20% of the underlying shares on October 27, 2001 (the "Third Exercise Date"); (iv) 20% of the underlying shares on October 27, 2002 (the "Fourth Exercise Date"); and (v) 20% of the underlying shares on October 27, 2003 (the "Fifth Exercise Date") to and including 5:00 P.M. New York City time on October 27, 2008 (the "Expiration Date"). The Initial Exercise Date, the Second Exercise Date, the Third Exercise Date, the Fourth Exercise Date and the Fifth Exercise Date are hereinafter referred to, as applicable, as the "Exercise Date." In addition, in the event of a Change in Control of the Company, the right to exercise 100% of the underlying shares shall immediately vest. A "Change in Control" shall be deemed to have occurred if:
Duration and Exercise of Warrant. (a) This Warrant may be exercised to purchase (i) 20% of the underlying shares from and after 9:00 A.M. New York City time on February 25, 2001 (the "First Exercise Date"); (ii) 20% of the underlying shares on February 25, 2002 (the "Second Exercise Date"); (iii) 20% of the underlying shares on February 25, 2003 (the "Third Exercise Date"); (iv) 20% of the underlying shares on February 25, 2004 (the "Fourth Exercise Date"); and (v) 20% of the underlying shares on February 25, 2005 (the "Fifth Exercise Date") to and including 5:00 P.M. New York City time on February 25, 2010 (the "Expiration Date"). Each of the First Exercise Date, the Second Exercise Date, the Third Exercise Date, the Fourth Exercise Date and the Fifth Exercise Date are hereinafter referred to from time to time, as applicable, as the "Exercise Date" and collectively from time to time as the "Exercise Date."
Duration and Exercise of Warrant. (a) Subject to subsection 1.3, this Warrant may be exercised to purchase (i) 33 1/3% of the underlying shares from and after 9:00 A.M. New York City time on March 16, 2001 (the "First Exercise Date"); (ii) 33 1/3% of the underlying shares on March 16, 2002 (the "Second Exercise Date"); and the remaining (iii) 33 1/3% of the underlying shares on March 16, 2003 (the "Third Exercise Date") to and including 5:00 P.M. New York City time on March 16, 2010 (the "Expiration Date"). Each of the First Exercise Date, the Second Exercise Date and the Third Exercise Date are hereinafter referred to from time to time, as applicable, as the "Exercise Date" and collectively from time to time as the "Exercise Dates")."
Duration and Exercise of Warrant. (a) The rights represented by this Warrant may be exercised by the Warrantholder of record, in whole, or from time to time in part by the (a) surrender of this Warrant, accompanied by the Exercise Form annexed hereto (the "Exercise Form") duly executed by the Warrantholder of record and specifying the number of Warrant Shares to be purchased, to the Corporation at the office of the Corporation located at 0000 Xxxxxxx Xxxxxxxxx, Xxxxx 000, Xx Xxxx, Xxxxxxxxxx 00000 (or such other office or agency of the Corporation as it may designate by notice to the Warrantholder at the address of such Warrantholder appearing on the books of the Corporation) during normal business hours on any day (a "Business Day") other than a Saturday, Sunday or a day on which national banks are authorized to close in the City of Los Angeles, State of California or on which the Corporation is otherwise closed for business (a "Nonbusiness Day") on or after 9:00 A.M., Los Angeles time, on any Exercise Commencement Date but not later than the close of business on the Expiration Date (or the close of business on the next succeeding Business Day, if the Expiration Date is a Nonbusiness Day), and (b) delivery of payment to the Corporation, for the account of the Corporation, by cash, by certified or bank cashier's check or by wire transfer, of the Exercise Price for the number of Warrant Shares specified in the Exercise Form in lawful money of the United States of America. The Corporation agrees that such Warrant Shares shall be deemed to be issued to the Warrantholder as the record holder of such Warrant Shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for the Warrant Shares as aforesaid. Certificates for the Warrant Shares specified in the Exercise Form shall be delivered to the Warrantholder as promptly as practicable, and in any event within ten (10) Business Days, thereafter. The certificate or certificates so delivered shall be issued in the name of the Warrantholder or, if permitted by subsection 2.5 and in accordance with the provisions thereof, such other name as shall be designated in the Exercise Form, subject to subsection 2.4, and shall be subject to the restrictions on transfer and bear the legend specified in subsection 2.5. If this Warrant shall have been exercised only in part, the Corporation shall, at the time of delivery of the certificate or certificates for the Warrant Shares, deliver to the Warrantholder ...
