Examples of Vested Warrant in a sentence
If this Warrant has become exercisable on or before the Date of Termination, then the Holder may, until the earlier to occur of 5:00 p.m., Dallas, Texas time, on May 31, 2003 or the 90th day after the Date of Termination, exercise this Warrant with respect to all or any part of the Vested Warrant Shares; provided, however, that in no event will the Holder have less than 90 days after the Date of Termination to exercise this Warrant.
If this Warrant has become exercisable on or before the Date of Termination, then the Holder may, until the earlier to occur of 5:00 p.m., Dallas, Texas time, on May 31, 2003 or the 30th day after the Date of Termination, exercise this Warrant with respect to all or any part of the Vested Warrant Shares; provided, however, that in no event will the Holder have less than 30 days after the Date of Termination to exercise this Warrant.
To exercise this Warrant, the Registered Holder shall deliver to the Company, at the Warrant Office designated in Section 2.1(a), a written notice in the form of the Purchase Form attached as Exhibit A hereto, stating therein the election of the Registered Holder to exercise this Warrant in the manner provided in the Purchase Form, along with payment in full of the Exercise Price (in the manner described below) for all Vested Warrant Shares purchased hereunder.
The Vested Warrant Shares pursuant to this Warrant may be exercised by the Registered Holder as a whole or in part at any time and from time to time subsequent to the date hereof and until the Expiration Date at which time this Warrant shall expire and be of no further force or effect; provided, however, that the minimum number of Warrant Shares that may be purchased on a single exercise shall be 1,000 or the entire number of shares remaining available for exercise hereunder, whichever is less.
The purchase rights represented by this Warrant may only be exercised by the Registered Holder in accordance with Section 1B (i) below prior to the expiration of the first Exit Event Period occurring after the date hereof; provided, however, that this Warrant may only be exercised with respect to Vested Warrant Shares.
After its second successfully funded application to IHCDA, an Applicant, Owner, or Developer must be issued at least one IRS Form 8609 prior to applying for a third RHTC Development.
Payment of the Exercise Price for the Vested Warrant Shares with respect to which this Warrant is being exercised shall be made, at the option of the Holder, (a) by delivery of cash payable by wire transfer of immediately available funds, (b) by the delivery of a cashier's or certified check, or (c) by any combination of items (a)-(b).
Within 30 days after the final determination of Net Royalties pursuant to Section 4.2 for each of calendar year 2016 and 2017, the Company will prepare and make available at the Warrant Office for the Registered Holder a computation of the number of Vested Warrant Shares.
This Warrant is exercisable with respect to any or all of the Vested Warrant Shares, at the option of the Holder, at any time and from time to time during the Exercise Period, upon surrender of this Warrant to the Company together with (a) a duly completed Notice of Exercise, in the form attached hereto as Exhibit A, and (b) payment of an amount equal to the Exercise Price multiplied by the number of Vested Warrant Shares with respect to which this Warrant is being exercised as provided in Section 3.
Any determination of whether the criteria for shares becoming Vested Warrant Shares, and which level of Revenue has been achieved, shall be made in accordance with this Section 2.4, Annex II attached hereto and Section 2(i) of the Asset Purchase Agreement.