Common use of Exercise Price and Term Clause in Contracts

Exercise Price and Term. Each Warrant shall entitle the Holder thereof to purchase from the Company one Warrant Share at a purchase price per share of $____ (the "Exercise Price"), as such purchase price and number of Warrant Shares may be adjusted from time to time pursuant to the provisions of Section 8 hereof, payable in full at the time of exercise of such Warrant. The Warrants may be exercised, in whole or in part, at any time or from time to time during the four-year period commencing on the first anniversary of the Effective Date and ending at 5:00 p.m., New York City time, on the fifth anniversary of the Effective Date (the "Expiration Date"). After the Expiration Date, any unexercised Warrants shall be void and all rights of the Holders with respect thereto shall cease.

Appears in 3 contracts

Samples: Form of Warrant Agreement (American Marine Recreation Inc), Warrant Agreement (Frontline Communications Corp), Warrant Agreement (Frontline Communications Corp)

AutoNDA by SimpleDocs

Exercise Price and Term. Each Warrant shall entitle the Holder thereof to purchase from the Company one Warrant Share at a purchase price per share of $$ ____ (the "Exercise Price"), as such purchase price and number of Warrant Shares may be adjusted from time to time pursuant to the provisions of Section 8 hereof, payable in full at the time of exercise of such Warrant. The Warrants may be exercised, in whole or in part, at any time or from time to time during the four-year period commencing on the first anniversary of the Effective Date and ending at 5:00 p.m., New York City time, on the fifth anniversary of the Effective Date (the "Expiration Date"). After the Expiration Date, any unexercised Warrants shall be void and all rights of the Holders with respect thereto shall cease.

Appears in 2 contracts

Samples: Warrant Agreement (Educational Video Conferencing Inc), Warrant Agreement (Educational Video Conferencing Inc)

Exercise Price and Term. Each Warrant shall entitle the Holder thereof to purchase from the Company one Warrant Share at a purchase price per share of $_____ (the "Exercise Price"), as such purchase price and number of Warrant Shares may be adjusted from time to time pursuant to the provisions of Section 8 hereof, payable in full at the time of exercise of such Warrant. The Warrants may be exercised, in whole or in part, at any time or from time to time during the four-year period commencing on the first anniversary of the Effective Date and ending at 5:00 p.m., New York City time, on the fifth anniversary of the Effective Date (the "Expiration Date"). After the Expiration Date, any unexercised Warrants shall be void and all rights of the Holders with respect thereto shall cease.

Appears in 1 contract

Samples: Warrant Agreement (Showpower Inc)

AutoNDA by SimpleDocs

Exercise Price and Term. Each Warrant shall entitle the Holder thereof to purchase from the Company one Warrant Share at a purchase price per share of $____ [120% of IPO price] (the "Exercise Price"), as such purchase price and number of Warrant Shares may be adjusted from time to time pursuant to the provisions of Section 8 hereof, hereof payable in full at the time of exercise of such Warrant. The Warrants may be exercised, in whole or in part, at any time or from time to time during the four-year period commencing on the first anniversary of the Effective Date and ending at 5:00 p.m., New York City time, on the fifth anniversary of the Effective Date (the "Expiration Date"). After the Expiration Date, any unexercised Warrants shall be void and all rights of the Holders with respect thereto shall cease.

Appears in 1 contract

Samples: Warrant Agreement (Clearview Cinema Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.