Mandatory Exercise Period definition

Mandatory Exercise Period means a period of 30 consecutive Trading Days (beginning not less than 5 Trading Days after the effective date of the Mandatory Exercise Notice) as specified in the Mandatory Exercise Notice.

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Mandatory Exercise Period means the period commencing on the six month anniversary of the date of original issuance of this Warrant and continuing through and including the Expiration Date.

Mandatory Exercise Period has the meaning set forth Section 3(C).

Examples of Mandatory Exercise Period in a sentence

If the Investor fails to so exercise such right within the Mandatory Exercise Period then, upon the occurrence or consummation of the proposed Mandatory Exercise Transaction, this Warrant shall be deemed to have been automatically exercised under Section 1(a)(2) above immediately prior to the occurrence or consummation of the proposed Mandatory Exercise Transaction.
After the 30-day Mandatory Exercise Period terminates, any unexercised portion of the Warrant will be forfeited, and the Holder shall lose any and all rights to such unexercised Warrant.
Any unexercised portion of this Warrant on the day immediately following the last day of the Mandatory Exercise Period shall be immediately forfeited.
During the period beginning on the date of Holder's receipt of such notice and ending on the date which is five (5) days prior to the date upon which such proposed Mandatory Exercise Transaction is to take place, as set forth in the notice (the "Mandatory Exercise Period"), Holder must exercise his right, in accordance with the applicable conditions of exercise set forth in Section 1 hereof, to purchase all of the Warrant Shares which Holder is entitled to purchase hereunder.
If Holder fails to so exercise such right within the Mandatory Exercise Period, this Warrant shall immediately become canceled, null and void, and of no further legal force or effect.
After the 30-day Mandatory Exercise Period terminates, any unexercised Warrants will be forfeited, and the Warrantholder shall lose any and all rights to such unexercised Warrants.
Subject to the satisfaction of all the conditions of this Section 2(d) except to the extent restricted by Section 2(g), on the Company's Election Exercise Date each holder of Warrants selected for exercise will be deemed to have submitted an Exercise Notice in accordance with Section 2(a) for a number of Warrants equal to the result of (a) such holder's Pro Rata Exercise Amount, minus (b) the number of such Warrants converted by such holder during the Company's Mandatory Exercise Period.
If the Option is not exercised during the applicable Mandatory Exercise Period, the Option shall terminate and shall cease to be exercisable.
If the holder fails to so exercise such right within the Mandatory Exercise Period, then (unless the Company has failed to give the notice required hereunder) this Warrant shall immediately become canceled, null and void, and of no further legal force or effect.
During the period beginning on the date of the Company's giving of such notice and ending on the date which is five days prior to the date upon which such proposed Mandatory Exercise Transaction is to take place, as set forth in the notice (the "Mandatory Exercise Period"), the holder must exercise the right, in accordance herewith, to purchase all of the Warrant Shares which the holder is entitled to purchase hereunder.

More Definitions of Mandatory Exercise Period

Mandatory Exercise Period means any period of thirty (30) consecutive Trading Days during which the Closing Sale Price of the Common Stock on each such Trading Day is equal to or greater than the Mandatory Exercise Trigger Price.

Mandatory Exercise Period means the later of: (a) the 90th day following the receipt by the Warrantholder of the notice from the Company specified in Sections 13(B)(i), (ii) or (iii), as applicable; (b) if the exercise of the Warrant is prohibited by law, five (5) Business Days after such prohibition has lapsed; or (c) if, prior to the date of the notice from the Company specified in Sections 13(B)(i), (ii) or (iii), as applicable, the Warrantholder has purchased any Capital Stock that would cause the exercise of the Warrant (whether pursuant to Section 3(A)(ii) or otherwise) to subject the Warrantholder to “short-swing” profit disgorgement pursuant to Section 16(b) of the Exchange Act, five (5) Business Days after the period during which such profit disgorgement would be required, not to exceed six (6) months after the date of such notice.

Mandatory Exercise Period means (i) any time between June 30, 2026 and December 31, 2026, if (A) a FID Event has occurred and the Company has provided a FID Notice to the Holder, (B) the average of the Daily VWAP of the Company’s Common Stock for the thirty (30) consecutive trading days ending immediately prior to the day in question equals or exceeds $13.50 per share (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification), and (C) the Market Price per share of the Company’s Common Stock on the trading day immediately prior to the day in question is equal to or exceeds $13.50 per share (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification), and (ii) any time between January 1, 2027 and June 1, 2027, if (A) a FID Event has occurred and the Company has provided a FID Notice to the Holder, (B) the average of the Daily VWAP of the Company’s Common Stock for the thirty (30) consecutive trading days ending immediately prior to the day in question equals or exceeds $15.00 per share (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification), and (C) the Market Price per share of the Company’s Common Stock on the trading day immediately prior to the day in question is equal to or exceeds $15.00 per share (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification).]9

Mandatory Exercise Period means any period of twenty (20) consecutive Trading Days commencing after the date on which a Registration Statement (as defined in the Registration Rights Agreement) covering the resale of all of the Warrant Shares has been declared effective by the Securities and Exchange Commission in accordance with the terms of the Registration Rights Agreement and ending prior to ___________ during which the Weighted Average Price of the Common Stock on each such Trading Day is equal to or greater than the Mandatory Exercise Trigger Price.

Mandatory Exercise Period has the meaning assigned to it in Section 8 hereof.