Common use of When Exercise Effective Clause in Contracts

When Exercise Effective. Each exercise of any Warrant pursuant to Section 5.1 shall be deemed to have been effected immediately prior to the close of business on the Business Day on which the Warrant Certificate representing such Warrant, duly executed, with accompanying payment shall have been delivered as provided in Section 5.1, and at such time the Person or Persons in whose name or names the certificate or certificates for Common Stock shall be issuable upon such exercise as provided in Section 5.3 shall be deemed to have become the holder or holders of record thereof.

Appears in 3 contracts

Sources: Warrant Agreement (Global Signal Inc), Warrant Agreement (Global Signal Inc), Securities Purchase Agreement (Pinnacle Holdings Inc)

When Exercise Effective. Each exercise of any Warrant pursuant to in accordance with Section 5.1 5(c) above shall be deemed to have been effected immediately prior to the close of business on the Business Day on which the Warrant Certificate representing such Warrant, duly executed, with accompanying payment shall have been delivered as provided in Section 5.15(c), and at such time the Person or Persons in whose name or names the certificate or certificates for Common Stock shall be issuable upon such exercise as provided in Section 5.3 5(f) below shall be deemed to have become the holder or holders of record thereof.

Appears in 3 contracts

Sources: Warrant Agreement, Warrant Agreement (Nortek Inc), Warrant Agreement (Nortek Inc)

When Exercise Effective. Each exercise of any Warrant pursuant to Section 5.1 shall be deemed to have been effected immediately prior to the close of business on the Business Day on which the Warrant Certificate representing such Warrant, duly executed, with accompanying payment shall have been delivered as provided in Section 5.1, and at such time the Person or Persons in whose name or names the certificate or certificates for Common Stock (or Other Securities) shall be issuable upon such exercise as provided in Section 5.3 shall be deemed to have become the holder or holders of record thereof.

Appears in 2 contracts

Sources: Warrant Agreement (American Banknote Corp), Warrant Agreement (Barneys New York Inc)

When Exercise Effective. Each Subject to Section 1.2, each exercise of any this Warrant pursuant to Section 5.1 shall be deemed to have been effected immediately prior to the close of business on the Business Day on which the this Warrant Certificate representing such Warrant, duly executed, with accompanying payment shall be deemed to have been delivered surrendered to the Company as provided in Section 5.11.1, and and, at such time time, the Person or Persons in whose name or names the certificate or certificates for Common Stock any Warrant Shares shall be issuable upon such exercise as provided in Section 5.3 1.5 shall be deemed to have become the holder or holders of record thereof.

Appears in 2 contracts

Sources: Purchase Warrant for Common Shares (Catasys, Inc.), Purchase Warrant for Common Shares (CAPSTONE TURBINE Corp)

When Exercise Effective. Each exercise of any this Warrant pursuant to Section 5.1 shall be deemed to have been effected immediately prior to the close of business on the Business Day on which the Warrant Certificate representing such Warrant, duly executed, with accompanying payment shall have been Exercise Notice is delivered to the Company as provided in Section 5.11.1. At such time, and at such time the Person or Persons in whose name or names the any certificate or certificates for Common Stock Warrant Shares shall be issuable upon such exercise as provided in Section 5.3 1.4 shall be deemed to have become the holder or holders stockholder(s) of record thereof.

Appears in 2 contracts

Sources: Warrant Agreement (Guided Therapeutics Inc), Warrant Agreement (Guided Therapeutics Inc)

When Exercise Effective. Each exercise of any this Warrant pursuant to Section 5.1 shall be deemed to have been effected effective immediately prior to the close of business on the Business Day business day on which this Warrant is surrendered to the Warrant Certificate representing such Warrant, duly executed, with accompanying payment shall have been delivered Company as provided in Section 5.11.2, and at such time the Person person or Persons persons in whose name or names the any certificate or certificates for shares of Common Stock shall be issuable upon such exercise as provided in Section 5.3 1.4 shall be deemed to have become the holder or holders of record thereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (Airnet Communications Corp)

When Exercise Effective. Each exercise of any Warrant pursuant to Section 5.1 shall be deemed to have been effected immediately prior to the close of business on the Business Day on which the Warrant Certificate representing such Warrant, duly executed, with accompanying payment shall have been delivered as provided in Section 5.1, and at such time the Person or Persons in whose name or names the certificate or certificates for Common Stock Units shall be issuable upon such exercise as provided in Section 5.3 5.4 shall be deemed to have become the holder or holders of record thereof.

Appears in 1 contract

Sources: Warrant Agreement (PSF Holdings LLC)

When Exercise Effective. Each exercise of any Class A Warrant pursuant to Section 5.1 4.1 shall be deemed to have been effected immediately prior to the close of business on the Business Day on which the Warrant Certificate certificate representing such Class A Warrant, duly executed, with accompanying payment shall have been delivered as provided in Section 5.14.1, and at such time the Person or Persons in whose name or names the certificate or certificates for Common Stock shall be issuable upon such exercise as provided in Section 5.3 4.3 shall be deemed to have become the holder or holders of record thereof.

Appears in 1 contract

Sources: Warrant Agreement (Trump Entertainment Resorts Holdings Lp)

When Exercise Effective. Each exercise of any Warrant pursuant to Section 5.1 4.2 shall be deemed to have been effected immediately prior to the close of business on the Business Day on which the Warrant Certificate representing such Warrant, duly executed, with accompanying payment payment, shall have been delivered as provided in Section 5.14.2, and at such time the Person or Persons in whose name or names the certificate or certificates for Common Stock Warrant Shares shall be issuable upon such exercise as provided in Section 5.3 4.4 shall be deemed to have become the holder or holders of record thereof.

Appears in 1 contract

Sources: Warrant Agreement (Apw LTD)