Common use of Duration of Preference Warrants Clause in Contracts

Duration of Preference Warrants. Subject to the terms and conditions established herein, the Preference Warrants shall expire at 5:00 p.m., New York City time, on February 1, 2010. The applicable date of expiration of a particular Preference Warrant is referred to herein as the "Preference Expiration Date" of such Preference Warrant. Each Preference Warrant may be exercised as set forth in Section 2.02. The Company will give notice of expiration to then registered holders of Preference Warrants not less than 90 nor more than 120 days prior to the Preference Expiration Date. Failure to give such notice however, will not prevent the Preference Warrants from expiring and becoming void on the Preference Expiration Date. Any Preference Warrant not exercised before 5:00 p.m., New York City time, on the Preference Expiration Date shall become void, and all rights of the holder under the Preference Warrant Certificate evidencing such Preference Warrant and under this Agreement shall cease.

Duration of Preference Warrants. Subject to the terms and conditions established herein, the Preference Warrants shall expire at 5:00 p.m., New York City time, on February 1, 2010. The applicable date of expiration of a particular Preference Warrant is referred to herein as the "Preference Expiration DatePREFERENCE EXPIRATION DATE" of such Preference Warrant. Each Preference Warrant may be exercised as set forth in Section 2.02. The Company will give notice of expiration to then registered holders of Preference Warrants not less than 90 nor more than 120 days prior to the Preference Expiration Date. Failure to give such notice however, will not prevent the Preference Warrants from expiring and becoming void on the Preference Expiration Date. Any Preference Warrant not exercised before 5:00 p.m., New York City time, on the Preference Expiration Date shall become void, and all rights of the holder under the Preference Warrant Certificate evidencing such Preference Warrant and under this Agreement shall cease.