Exercise and Duration of Warrants Clause Example with 27 Variations from Business Contracts
This page contains Exercise and Duration of Warrants clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Exercise and Duration of Warrants. (a) All or any part of this Warrant shall be exercisable by the registered Holder in any manner permitted by Section 10 of this Warrant at any time and from time to time on or after the Original Issue Date and through and including 5:30 P.M., New York City time, on the Expiration Date, subject to the conditions and restrictions contained in this Warrant. At 5:30 P.M., New York City time, on the Expiration Date, the portion of this Warrant not exercised prior thereto shall be and become void and ...of no value and this Warrant shall be terminated and no longer outstanding. (b) The Holder may exercise this Warrant by delivering to the Company (i) an exercise notice, in the form attached as Schedule 1 hereto (the "Exercise Notice"), completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised (which may take the form of a "cashless exercise" if so indicated in the Exercise Notice and if a "cashless exercise" may occur at such time pursuant to Section 10 below). The date on which the Exercise Notice is delivered to the Company (as determined in accordance with the notice provisions hereof) is an "Exercise Date." Within two (2) days on which the NASDAQ exchange is open for trading (a "Trading Day") following the delivery of the Exercise Notice (the "Payment Deadline"), the Holder shall make payment with respect to the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised; provided that the Company's obligations to deliver such Warrant Shares shall be delayed on a day-for-day basis each day after the Payment Deadline such payment of the Exercise Price is not paid. The Holder shall not be required to physically surrender this Warrant to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date the final Exercise Notice is delivered to the Company. Execution and delivery of the Exercise Notice shall have the same effect as cancellation of the original Warrant and issuance of a New Warrant evidencing the right to purchase the remaining number of Warrant Shares, if any.View More
Variations of a "Exercise and Duration of Warrants" Clause from Business Contracts
Exercise and Duration of Warrants. (a) All or any part of this Warrant shall be exercisable by the registered Holder in any manner permitted by Section 10 of this Warrant at any time and from time to time on or after the Original Issue Trigger Date and through and including 5:30 P.M., P.M. New York City time, on the Expiration Date, subject to the conditions and restrictions contained in this Warrant. Date. At 5:30 P.M., New York City time, on the Expiration Date, the portion of this Warrant not exercised prior thereto shall be a...nd become void and of no value and this Warrant shall be terminated and no longer outstanding. (b) The Holder may exercise this Warrant by delivering to the Company (i) an exercise notice, in the form attached as Schedule 1 hereto (the "Exercise Notice"), completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised (which may take the form of a "cashless exercise" if so indicated in the Exercise Notice and if a "cashless exercise" may occur at such time pursuant to Section 10 below). The below), and the date on which the Exercise Notice is such items are delivered to the Company (as determined in accordance with the notice provisions hereof) is an "Exercise Date." Within two (2) days The delivery by (or on which behalf of) the NASDAQ exchange is open for trading (a "Trading Day") following the delivery Holder of the Exercise Notice (the "Payment Deadline"), and the Holder applicable Exercise Price as provided above shall make payment with respect constitute the Holder's certification to the Exercise Price for Company that its representations and warranties set forth in Section 4 of the number of Warrant Shares Conversion Agreement are true and correct as to which this Warrant is being exercised; provided that the Company's obligations to deliver such Warrant Shares shall be delayed on a day-for-day basis each day after the Payment Deadline such payment of the Exercise Price Date as if remade in their entirety (or, in the case of any transferee Holder that is not paid. a party to the Conversion Agreement, such transferee Holder's certification to the Company that such representations are true and correct as to such assignee Holder as of the Exercise Date). The Holder shall not be required to physically surrender this deliver the original Warrant in order to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date the final Exercise Notice is delivered to the Company. effect an exercise hereunder. Execution and delivery of the Exercise Notice shall have the same effect as cancellation of the original Warrant and issuance of a New Warrant evidencing the right to purchase the remaining number of Warrant Shares, if any. Shares. View More
Exercise and Duration of Warrants. (a) All or any part of this This Warrant shall be exercisable by the registered Holder in any manner permitted by Section 10 of this Warrant at any time and from time to time on or after the Original Issue Initial Exercise Date and through and including prior to 5:30 P.M., p.m., New York City time, time on the Expiration Date, subject to the conditions and restrictions contained in this Warrant. At 5:30 P.M., New York City time, on the Expiration Date, Date at which time the portion of this Warr...ant not exercised prior thereto shall be and become void and of no value and this Warrant shall be terminated and no longer outstanding. value. (b) The Holder may exercise this Warrant by delivering to the Company (i) an exercise notice, in the form Form attached as Schedule 1 hereto (the "Exercise Notice"), appropriately completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised (which may take exercised, and the form of a "cashless exercise" if so indicated in the Exercise Notice and if a "cashless exercise" may occur at date such time pursuant to Section 10 below). The date on which the Exercise Notice is items are delivered to the Company (as determined in accordance with the notice provisions hereof) is an "Exercise Date." Within two (2) days on which the NASDAQ exchange is open for trading (a "Trading Day") following the delivery of the Exercise Notice (the "Payment Deadline"), the Holder shall make payment with respect to the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised; provided that the Company's obligations to deliver such Warrant Shares shall be delayed on a day-for-day basis each day after the Payment Deadline such payment of the Exercise Price is not paid. The Holder shall not be required to physically surrender deliver the original Warrant in order to effect an exercise hereunder; provided, however, that in the event that this Warrant to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been is exercised in full, in which case, full or for the remaining unexercised portion hereof, the Holder shall surrender deliver this Warrant to the Company for cancellation within three (3) Trading Days a reasonable time after such exercise. In the event of the date the final Exercise Notice is delivered to the Company. Execution a partial exercise of this Warrant, execution and delivery of the Exercise Notice shall have the same effect as cancellation of the original Warrant and issuance of a New Warrant evidencing the right to purchase the remaining number of Warrant Shares, if any. Shares. View More
Exercise and Duration of Warrants. (a) All or any part of this Warrant shall be exercisable by the registered Holder in any manner permitted by Section 10 of this Warrant at any time and from time to time on or after the Original Issue Date and through and including 5:30 P.M., New York City time, 5:00 PM Eastern Time on the Expiration Date, subject to the conditions and restrictions contained in this Warrant. Date. At 5:30 P.M., New York City time, 5:00 PM Eastern Time on the Expiration Date, the portion of this Warrant not exerc...ised prior thereto shall be and become void and of no value and this Warrant shall be terminated terminate and no longer be outstanding. (b) The Holder may exercise this Warrant by delivering to the Company (i) an exercise notice, in the form attached as Schedule 1 hereto (the "Exercise Notice"), completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised (which may take the form of a "cashless "net share exercise" if so indicated in the Exercise Notice and if a "cashless exercise" may occur at such time pursuant to Section 10 below). The below), and the date on which the Exercise Notice last of such items is delivered to the Company (as determined in accordance with the notice provisions hereof) is an "Exercise Date." Within two (2) days on which the NASDAQ exchange is open for trading (a "Trading Day") following the delivery of the Exercise Notice (the "Payment Deadline"), If held in certificated form, the Holder shall make payment with respect to the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised; provided that the Company's obligations to deliver such Warrant Shares shall be delayed on a day-for-day basis each day after the Payment Deadline such payment of the Exercise Price is not paid. The Holder shall not be required to physically surrender this deliver the original Warrant in order to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date the final Exercise Notice is delivered to the Company. effect an exercise hereunder. Execution and delivery of the Exercise Notice shall have the same effect as cancellation of the original Warrant and issuance of a New Warrant to the Holder evidencing the its right to purchase the remaining number of Warrant Shares, if any. Shares. For the avoidance of doubt, the Company may not substitute, and the Holder may not request, a cash payment in satisfaction of the Company's obligation to issue and deliver Warrant Shares pursuant to an Exercise Notice. View More
Exercise and Duration of Warrants. (a) All or any part of this Warrant shall be exercisable by the registered Holder in any manner permitted by Section 10 of this Warrant at any time and from time to time on or after the Original Issue Date and through and including 5:30 P.M., P.M. New York City time, on the Expiration Date, subject to the conditions and restrictions contained in this Warrant. Date. At 5:30 P.M., New York City time, on the Expiration Date, the portion of this Warrant not exercised prior thereto shall be and becom...e void and of no value and this Warrant shall be terminated and no longer outstanding. (b) The Holder may exercise this Warrant by delivering to the Company (i) an exercise notice, in the form attached as Schedule 1 hereto (the "Exercise Notice"), completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised (which may take the form of a "cashless exercise" if so indicated in the Exercise Notice and if a "cashless exercise" may occur at such time pursuant to Section 10 below). The below), and the date on which the Exercise Notice last of such items is delivered to the Company (as determined in accordance with the notice provisions hereof) is an "Exercise Date." Within two (2) days The delivery by (or on which behalf of) the NASDAQ exchange is open for trading (a "Trading Day") following the delivery Holder of the Exercise Notice (the "Payment Deadline"), and the Holder applicable Exercise Price as provided above shall make payment with respect constitute the Holder's certification to the Exercise Price for Company that its representations contained in Sections 3.2(b), (c) and (d) of the number of Warrant Shares Purchase Agreement are true and correct as to which this Warrant is being exercised; provided that the Company's obligations to deliver such Warrant Shares shall be delayed on a day-for-day basis each day after the Payment Deadline such payment of the Exercise Price Date as if remade in their entirety (or, in the case of any transferee Holder that is not paid. a party to the Purchase Agreement, such transferee Holder's certification to the Company that such representations are true and correct as to such assignee Holder as of the Exercise Date). The Holder shall not be required to physically surrender this deliver the original Warrant in order to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date the final Exercise Notice is delivered to the Company. effect an exercise hereunder. Execution and delivery of the Exercise Notice shall have the same effect as cancellation of the original Warrant and issuance of a New Warrant evidencing the right to purchase the remaining number of Warrant Shares, if any. Shares. View More
Exercise and Duration of Warrants. (a) All or any part of this Warrant shall be exercisable by the registered Holder in any manner permitted by Section 10 of this Warrant at any time and from time to time on or after the Original Issue Date and through and including 5:30 P.M., New York City time, 5:00 PM Eastern Time on the Expiration Date; provided, however, that, if upon the Expiration Date, subject the Holder's exercise in full of this Warrant would cause the Holder's beneficial ownership of the Common Stock to exceed the Maxi...mum Percentage, the term of this Warrant shall be automatically extended until, and this Warrant shall be automatically exercised on, the date that is the 90th day following the date on which this Warrant may be exercised in full without the Holder exceeding the Maximum Percentage. Subject to the conditions and restrictions contained in this Warrant. At 5:30 P.M., New York City time, foregoing sentence, at 5:00 PM Eastern Time on the Expiration Date, the portion of this Warrant not exercised prior thereto shall be and become void and of no value and this Warrant shall be terminated terminate and no longer be outstanding. (b) The Holder may exercise this Warrant by delivering to the Company (i) an exercise notice, in the form attached as Schedule 1 hereto (the "Exercise Notice"), completed and duly signed, signed and (ii) the date on which the Exercise Notice is delivered to the Company (as determined in accordance with the notice provisions hereof) is an "Exercise Date" and, within three (3) Trading Days, the Holder shall deliver payment of the aggregate Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised (which may take the form of a "cashless "net share exercise" if so indicated in the Exercise Notice and if a "cashless exercise" may occur at such time pursuant to Section 10 below). The date on which the Exercise Notice is delivered to the Company (as determined in accordance with the notice provisions hereof) is an "Exercise Date." Within two (2) days on which the NASDAQ exchange is open for trading (a "Trading Day") following the Upon delivery of the Exercise Notice (the "Payment Deadline"), Notice, the Holder shall make payment be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised; has been exercised, irrespective of the date of delivery of the Warrant Shares, provided that the Company's obligations to deliver such Warrant Shares shall be delayed on a day-for-day basis each day after the Payment Deadline such payment of the aggregate Exercise Price (other than in the cash of a "net share exercise" is not paid. The received within three (3) Trading Days of delivery of the Notice of Exercise. No ink-original Exercise Notice shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Exercise Notice be required. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date the final Exercise Notice is delivered to the Company. Partial exercises of this Warrant resulting in purchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares purchasable hereunder in an amount equal to the applicable number of Warrant Shares purchased. Execution and delivery of the Exercise Notice shall have the same effect as cancellation of the original Warrant and issuance of a New Warrant to the Holder evidencing the its right to purchase the remaining number of Warrant Shares, if any. Shares. For the avoidance of doubt, the Company may not substitute, and the Holder may not request, a cash payment in satisfaction of the Company's obligation to issue and deliver Warrant Shares pursuant to an Exercise Notice. The Company shall deliver any objection to any Notice of Exercise within one (1) Business Day of receipt of such notice. The Holder and any 2 assignee, by acceptance of this Warrant, acknowledge and agree that, by reason of the provisions of this paragraph, following the purchase of a portion of the Warrant Shares hereunder, the number of Warrant Shares available for purchase hereunder at any given time may be less than the amount stated on the face hereof. View More
Exercise and Duration of Warrants. (a) All or any part of this This Warrant shall be exercisable by the registered Holder in any manner permitted by Section 10 of this Warrant at any time and from time to time on or after the Original Issue Initial Exercise Date and through and including 5:30 P.M., New York City time, on the Expiration Date, subject to the conditions and restrictions contained in this Warrant. Date. At 5:30 P.M., New York City time, time on the Expiration Date, the portion of this Warrant not exercised prior ther...eto shall be and become void and of no value and this Warrant shall be terminated and no longer outstanding. value. (b) The A Holder may exercise this Warrant by delivering to the Company (i) an exercise notice, in the form attached as Schedule 1 hereto (the "Exercise Notice"), appropriately completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised (which may take exercised, and the form of a "cashless exercise" if so indicated in the Exercise Notice and if a "cashless exercise" may occur at date such time pursuant to Section 10 below). The date on which the Exercise Notice is items are delivered to the Company (as determined in accordance with the notice provisions hereof) is an "Exercise Date." Within two (2) days on which the NASDAQ exchange is open for trading (a "Trading Day") following the delivery of the Exercise Notice (the "Payment Deadline"), the Holder shall make payment with respect to the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised; provided that the Company's obligations to deliver such Warrant Shares shall be delayed on a day-for-day basis each day after the Payment Deadline such payment of the Exercise Price is not paid. The Holder shall not be required to physically surrender this deliver the original Warrant in order to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date the final Exercise Notice is delivered to the Company. effect an exercise hereunder. Execution and delivery of the Exercise Notice shall have the same effect as cancellation of the original Warrant and issuance of a New Warrant evidencing the right to purchase the remaining number of Warrant Shares, if any. Shares. View More
Exercise and Duration of Warrants. (a) All or any part of this Warrant shall be exercisable by the registered Holder in any manner permitted by Section 10 of this Warrant at any time and from time to time on or after the Original Issue Date and through and including 5:30 P.M., New York City time, on the Expiration Date, subject to the conditions and restrictions contained in this Warrant. At 5:30 P.M., New York City time, on the Expiration Date, the portion of this Warrant not exercised prior thereto shall be and become void and ...of no value and this Warrant shall be terminated and no longer outstanding. Date. (b) The Holder may exercise this Warrant by delivering to the Company (i) an exercise notice, in the form attached as Schedule 1 hereto (the "Exercise Notice"), completed and duly signed, and (ii) payment of the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised (which may take the form of a "cashless exercise" if so indicated in the Exercise Notice and if a "cashless exercise" may occur at such time pursuant to Section 10 below). The below), and the date on which the Exercise Notice last of such items is delivered to the Company (as determined in accordance with the notice provisions hereof) is an "Exercise Date." Within two (2) days on which the NASDAQ exchange is open for trading (a "Trading Day") following the delivery of the Exercise Notice (the "Payment Deadline"), the Holder shall make payment with respect to the Exercise Price for the number of Warrant Shares as to which this Warrant is being exercised; provided that the Company's obligations to deliver such Warrant Shares shall be delayed on a day-for-day basis each day after the Payment Deadline such payment of the Exercise Price is not paid. The Holder shall not be required to physically surrender this deliver the original Warrant in order to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date the final Exercise Notice is delivered to the Company. effect an exercise hereunder. Execution and delivery of the Exercise Notice shall have the same effect as cancellation of the original Warrant and issuance of a New Warrant evidencing the right to purchase the remaining number of Warrant Shares, if any. View More
