Vesting of Warrants. The Warrants represented by this Warrant Certificate shall vest and become immediately exercisable once all Tranche A Warrants have been exercised in accordance with their terms, and shall remain exercisable by the Holder, in whole or in part at any time, and from time to time, thereafter and prior to the Expiry Time.
Vesting of Warrants. The Warrants represented by this Warrant Certificate are fully vested and are immediately exercisable by the Holder at any time and from time to time, commencing on the date hereof and prior to the Expiry Time.
Vesting of Warrants. The Warrants granted hereunder shall vest as follows: -------------------
Vesting of Warrants. The Warrants shall vest immediately upon the execution of this Agreement.
Vesting of Warrants. All Warrants granted to AOL hereunder shall vest ------------------- upon the issuance of the Warrants, discussed in Section 12.4 of this Agreement, and shall contain a cashless exercise provision.
Vesting of Warrants. (a) The Warrants shall be vested in quantities of 100,000 (one hundred thousand) warrants each time and only when the Company and/or its subsidiaries (“OTI”) receive a firm orders or tender awards (each, a “Project”), in which SFG has been directly involved in the promotion and/or funding of, and provided that in such each Project provides to OTI an the amount of no less than of US$ 1,000,000 (One million US$) with a potential of an additional amount of not less than US$ 5,000,000 (Five million USD).
Vesting of Warrants. The Warrants represented by this Warrant Certificate shall vest and become exercisable as follows:
Vesting of Warrants. (a) Subject to the earlier termination of this Warrant as provided in Section 5(b) the Shares issuable upon exercise of this Warrant in accordance with the terms hereof shall vest as follows:
Vesting of Warrants. 3.1 The Warrants vest in equal tranches over three years after the date of grant, with 1/3 of the Warrants vesting each year. This means that the first 1/3 of the Warrants will vest on 14 September 2021, the second 1/3 will vest on 14 September 2022 and the final 1/3 on 14 September 2023. The date on which Warrants vest is referred to as the "Vesting Date". Warrants are not subject to any performance targets other than the share price, which must be higher at the time of vesting than at the time of grant for the Warrants to have any value. The period from the Grant Date until the Vesting Date is referred to as the Vesting Period.
Vesting of Warrants. This Warrant shall vest and become exercisable immediately.
