Examples of Exercise Period in a sentence
Subject to the terms and conditions of this Agreement, with respect to each Artiva Originated Product on a product-by-product basis, GCLC hereby grants to Artiva, during the applicable Artiva Originated Product Option Exercise Period, a fully paid-up and exclusive option to extend the Core License to be a worldwide license (each, an “Artiva Originated Product Option”).
Notwithstanding the foregoing, the Company may lower the Warrant Price or extend the duration of the Exercise Period pursuant to Sections 3.1 and 3.2, respectively, without the consent of the Registered Holders.
Artiva may, in its sole discretion, exercise the Artiva Originated Product Option with respect to each Artiva Originated Product (the “Artiva Originated Product Option Exercise”) at any time during the applicable Artiva Originated Product Option Exercise Period upon delivery of written notice of exercise of such Artiva Originated Product Option to GCLC (the “Artiva Originated Product Exercise Notice”).
Artiva may, in its sole discretion, exercise the Option with respect to each Option Candidate (the “Option Exercise”) at any time during the applicable Option Exercise Period upon delivery of written notice of exercise of such Option to GCLC (the “Exercise Notice”).
Warrants may be exercised at any time during the Exercise Period set forth in the Warrant Agreement.