Common use of When Exercise Effective Clause in Contracts

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section 1.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 shall be deemed to have become the holder or holders of record thereof.

When Exercise Effective. Each The exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day business day on which this Warrant shall have been is surrendered to the Company as provided in section 1.1Section 3 and, and at such time time, the Person or Persons person in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 shall be deemed to have become be the record holder or holders of record thereofsuch Common Stock for all purposes.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company together with all applicable payments as provided in section Section 1.1, and at . At such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise exercise, as provided in section 1.3 Section 1.3, shall be deemed to have become the holder Holder or holders of record thereof.

When Exercise Effective. Each The exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day business day on which this Warrant the Company shall have been surrendered to the Company as provided in section 1.1received a completed subscription and payment has hereinabove provided, and at such time the Person or Persons person in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise exercise, as provided in section 1.3 Section 3.3, shall be deemed to have become the holder or holders Holder of record thereof.of such Common Stock. 2.3

When Exercise Effective. Each The exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section 1.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 shall be deemed to have become the holder or holders of record thereof.

When Exercise Effective. Each exercise Exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section Section 1.1, and at . At such time the Person person, corporation or Persons other entity (a "Person") in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section Section 1.3 shall be deemed to have become the holder or holders of record thereof.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section Section 1.1. At such time, and at such time the Person person or Persons persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section Section 1.3 shall be deemed to have become the holder or holders stockholder(s) of record thereof.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section Section 1.1, and at . At such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise exercise, as provided in section 1.3 Section 1.3, shall be deemed to have become the holder Holder or holders of record thereof.

When Exercise Effective. Each exercise of this Warrant shall be deemed ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section 1.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 shall be deemed to have become the holder or holders of or record thereof.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day business day on which this Warrant shall have been surrendered to the Company as provided in section 1.1Section 2.1, and at such time the Person or Persons person(s) in whose name or names any certificate or certificates name(s) the certificate(s) for shares of the Common Stock (or Other Securities) shall that are to be issuable upon issued up.on such exercise as provided in section 1.3 accordance with Section 2.3 shall be deemed to have become the holder or holders holder(s) of record thereofthereof at such time.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section 1.1Section 1.1 hereof, and at such time the Person or Persons in whose ----------- name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section Section ------- 1.3 hereof shall be deemed to have become the holder or holders of record --- thereof.

When Exercise Effective. Each The exercise of this Warrant pursuant to Section 3 shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day business day on which this Warrant shall have been is surrendered to the Company as provided in section 1.1Section 3.1, or on such later date as is specified in the form of subscription, and at such time the Person or Persons person in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise exercise, as provided in section 1.3 Section 5, shall be deemed to have become be the record holder or holders of record thereofsuch Common Stock for all purposes.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day business day on which this Warrant shall have been is surrendered to the Company as provided in section 1.1, and at such time the Person or Persons in whose name or names any certificate or certificates for Purchaser shall be deemed to have become the holder of record of the shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 at such time notwithstanding that certificates representing such shares shall not then be deemed actually delivered to have become the holder or holders of record thereofPurchaser.

When Exercise Effective. Each The exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section 1.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 shall be deemed to have become the holder or holders of record thereof.

When Exercise Effective. Each The exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day business day on which this Warrant shall have been is surrendered to the Company as provided in section 1.1Section 2 and, and at such time time, the Person or Persons person in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 shall be deemed to have become be the record holder or holders of record thereofsuch Common Stock for all purposes.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall be deemed to have been surrendered to the Company as provided in section 1.1Section 1.1 hereof, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section Section 1.3 hereof shall be deemed to have become the holder or holders of record thereof.

When Exercise Effective. Each The exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section Section 1.1, and at such time the Person or Persons Purchaser in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 shall be deemed to have become the holder or holders of record thereof.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section Section 1.1. At such time, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 Section 1.4 shall be deemed to have become the holder or holders stockholder(s) of record thereof.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section 1.1Section 3.1 hereof, and and, at such time time, the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section 1.3 Section 3.3 hereof shall be deemed to have become the holder or holders of record thereof.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section Section 1.1, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Class A Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section Section 1.3 shall be deemed to have become the holder or holders of record thereof.

When Exercise Effective. Each exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section Section 1.1. At such time, and at such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise as provided in section Section 1.3 (the "Warrant Shares") shall be deemed to have become the holder or holders stockholder(s) of record thereof.

When Exercise Effective. Each exercise of this Warrant shall ----------------------- be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day on which this Warrant shall have been surrendered to the Company as provided in section Section 1.1, and at . At such time the Person or Persons in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise exercise, as provided in section 1.3 Section 1.3, shall be deemed to have become the holder Holder or holders Holders of record thereof.

When Exercise Effective. Each The exercise of this Warrant shall be ----------------------- deemed to have been effected immediately prior to the close of business on the Business Day business day on which this Warrant the Company shall have been surrendered to the Company received a completed subscription and payment as provided in section 1.1hereinabove provided, and at such time the Person or Persons person in whose name or names any certificate or certificates for shares of Common Stock (or Other Securities) shall be issuable upon such exercise exercise, as provided in section 1.3 Section 2.1, shall be deemed to have become the holder or holders Holder of record thereof.of such Common Stock. 2.3