Common use of Time of Exercise Clause in Contracts

Time of Exercise. A Warrant shall be deemed to have been exercised immediately prior to the close of business on the date on which all requirements set forth in Section 3.2(c) applicable to such exercise have been satisfied. Subject to Section 5.1(f)(iv), certificate(s) evidencing the Warrant Shares issued upon the exercise of such Warrant shall be deemed to have been issued and, for all purposes of this Agreement, the Recipient shall, as between such Person and the Company, be deemed to be and entitled to all rights of the holder of record of such Warrant Shares as of such time.

Appears in 6 contracts

Samples: Stockholders Allocation Agreement (Coda Energy Inc), Warrant Agreement (Conrad Industries Inc), Warrant Agreement (Conrad Industries Inc)

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Time of Exercise. A Warrant shall will be deemed to have been exercised immediately prior to the close of business on the date on which all requirements set forth in Section 3.2(c) paragraph 3.3 of this Agreement applicable to such exercise have been satisfied. Subject to Section 5.1(f)(iv), certificate(sCertificate(s) evidencing the Warrant Shares issued upon on the exercise of such Warrant shall will be deemed to have been issued and, for all purposes of this Agreement, the Recipient shall, as between such Person and the Company, recipient will be deemed to be and entitled to all rights of the holder of record of such Warrant Shares as of such time.

Appears in 5 contracts

Samples: Master Warrant Agreement (Seven Seas Petroleum Inc), Master Warrant Agreement (Seven Seas Petroleum Inc), Note Purchase Agreement (Seven Seas Petroleum Inc)

Time of Exercise. A Warrant shall be deemed to have been exercised immediately prior to the close of business on the date on which all requirements set forth in Section 3.2(c) applicable to such exercise have been satisfied. Subject to Section 5.1(f)(iv6.1(f)(iv), certificate(s) evidencing the Warrant Shares issued upon the exercise of such Warrant shall be deemed to have been issued and, for all purposes of this Agreement, the Recipient shall, as between such Person and the Company, be deemed to be and entitled to all rights of the holder of record of such Warrant Shares as of such time.

Appears in 5 contracts

Samples: Warrant Agreement (Ascent Energy Inc), Warrant Agreement (Gothic Energy Corp), Warrant Agreement (Chesapeake Energy Corp)

Time of Exercise. A Warrant shall be deemed to have been exercised immediately prior to the close of business on the date on which all requirements set forth in Section 3.2(c) applicable to such exercise have been satisfied. Subject to Section 5.1(f)(iv6.1(e)(iii), certificate(s) evidencing the any Warrant Shares issued upon the exercise of such Warrant shall be deemed to have been issued and, for all purposes of this Agreement, the Recipient holder thereof shall, as between such Person and the Company, be deemed to be and entitled to all rights of the holder of record of such Warrant Shares as of such time.

Appears in 4 contracts

Samples: Warrant Agreement, Warrant Agreement (Danaos Corp), Warrant Agreement (Danaos Corp)

Time of Exercise. A Warrant shall be deemed to have been exercised immediately prior to the close of business on the date on which all requirements set forth in Section 3.2(c) applicable to such exercise have been satisfied. Subject to Section 5.1(f)(iv6.1(e)(iv), certificate(s) evidencing the Warrant Shares issued upon the exercise of such Warrant shall be deemed to have been issued and, for all purposes of this Agreement, the Recipient shall, as between such Person and the Company, be deemed to be and entitled to all rights of the holder of record of such Warrant Shares as of such time.

Appears in 3 contracts

Samples: Warrant Agreement (Marshall Edwards Inc), Warrant Agreement (Marshall Edwards Inc), Warrant Agreement (Marshall Edwards Inc)

Time of Exercise. A Warrant shall be deemed to have been exercised immediately prior to the close of business on the date on which all requirements set forth in Section 3.2(c) applicable to such exercise have been satisfied. Subject to Section 5.1(f)(iv6.1(g)(iv), certificate(s) evidencing the any Warrant Shares issued upon the exercise of such Warrant shall be deemed to have been issued and, for all purposes of this Agreement, the Recipient shall, as between such Person and the Company, be deemed to be and entitled to all rights of the holder of record of such Warrant Shares as of such time.

Appears in 3 contracts

Samples: Warrant Agreement (Thurman International Ltd.), Warrant Agreement (Paragon Shipping Inc.), Warrant Agreement (Paragon Shipping Inc.)

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Time of Exercise. A Warrant shall be deemed to have been exercised immediately prior to the close of business on the date on which all requirements set forth in Section 3.2(c) applicable to such exercise have been satisfied. Subject to Section 5.1(f)(iv5.1(e)(iv), certificate(s) evidencing the Warrant Shares issued upon the exercise of such Warrant shall be deemed to have been issued and, for all purposes of this Agreement, the Recipient shall, as between such Person and the Company, be deemed to be and entitled to all rights of the holder of record of such Warrant Shares as of such time.

Appears in 3 contracts

Samples: Warrant Agreement (Forcenergy Inc), Warrant Agreement (Forcenergy Inc), Warrant Agreement (Forcenergy Inc)

Time of Exercise. A Warrant shall be deemed to have been exercised immediately prior to the close of business on the date on which all requirements set forth in Section 3.2(c3.2(d) applicable to such exercise have been satisfied. Subject to Section 5.1(f)(iv6.1(e)(iv), certificate(s) evidencing the Warrant Shares issued upon the exercise of such Warrant shall be deemed to have been issued and, for all purposes of this Agreement, the Recipient shall, as between such Person and the Company, be deemed to be and entitled to all rights of the holder of record of such Warrant Shares as of such time.

Appears in 1 contract

Samples: Warrant Agreement (Quintana Maritime LTD)

Time of Exercise. A Warrant shall be deemed to have been exercised immediately prior to the close of business on the date on which all requirements set forth in Section 3.2(c) applicable to such exercise have been satisfied. Subject to Section 5.1(f)(iv6.1(f)(iv), certificate(s) evidencing the Warrant Shares issued upon the exercise of such Warrant shall be deemed to have been issued and, for all purposes of this Agreement, the Recipient shall, as between such Person and the Company, be deemed to be and entitled to all rights of the holder of record of such Warrant Shares as of such time.. 3.3

Appears in 1 contract

Samples: Warrant Agreement (Ascent Energy Inc)

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