Common use of Duration of Stock Warrants Clause in Contracts

Duration of Stock Warrants. Each Stock Warrant may be exercised at the time or times, or during the period or periods, provided by or pursuant to the Board Resolution relating thereto and specified in the Warrant Certificate evidencing such Stock Warrant. Each Stock Warrant not exercised at or before 5:00 P.M., New York City time, on its Expiration Date shall become void, and all rights of the Holder of such Stock Warrant thereunder and under this Agreement shall cease, provided that the Company reserves the right to, and may, in its sole discretion, at any time and from time to time, at such time or times as the Company so determines, extend the Expiration Date of the Stock Warrants for such periods of time as it chooses. Whenever the Expiration Date of the Stock Warrants is so extended, the Company shall at least [20] days prior to the then Expiration Date cause to be mailed to the Warrant Agent and the registered Holders of the Stock Warrants in accordance with the provisions of Section 6.3 hereof a notice stating that the Expiration Date has been extended and setting forth the new Expiration Date. No adjustment shall be made for any dividends on any [Preferred/Common] Shares issuable upon exercise of any Stock Warrant.

Duration of Stock Warrants. Each Stock Warrant may be -------------------------- exercised at the time or times, or during the period or periods, provided by or pursuant to the Board Resolution relating thereto and specified in the Warrant Certificate evidencing such Stock Warrant. Each Stock Warrant not exercised at or before 5:00 P.M., New York City time, on its Expiration Date shall become void, and all rights of the Holder of such Stock Warrant thereunder and under this Agreement shall cease, provided that the Company reserves the right to, and may, in its sole discretion, at any time and from time to time, at such time or times as the Company so determines, extend the Expiration Date of the Stock Warrants for such periods of time as it chooses. Whenever the Expiration Date of the Stock Warrants is so extended, the Company shall at least [20] days prior to the then Expiration Date cause to be mailed to the Warrant Agent and the registered Holders of the Stock Warrants in accordance with the provisions of Section 6.3 6.03 hereof a notice stating that the Expiration Date has been extended and setting forth the new Expiration Date. No adjustment shall be made for any dividends on any [Preferred/Common] Shares issuable upon exercise of any Stock Warrant.