Termination of Warrant. In the event the Warrants are not exercised within Seven (7) years from the Issue Date, the right to exercise shall terminate.
Termination of Warrant. In the case of (a) the closing of an Acquisition which is not subject to Section 4.1 or (b) the proposed liquidation and dissolution of the Company, the Company shall give Holder the Company Notice (as defined in Section 10 below), which notice shall also include, for purposes of this Section 4.2, the Company's best estimate of the aggregate consideration receivable by stockholders of the Company and the anticipated or proposed date upon which such event is expected to occur. During the period from Xxxxxx's receipt of such Company Notice to 5:00 p.m. Pacific time on the day prior to the date such event is expected to occur as set forth in such Company Notice (the "LIQUIDATION DATE"), Holder may exercise or convert this Warrant in accordance with its terms, whether or not exercise or conversion is contingent upon the happening of such event and/or existence of a minimum value of the Shares receivable upon exercise or conversion as provided on Holder's Exercise Notice; PROVIDED THAT such minimum value shall be no greater than the per share price set forth in such Company Notice. Subject to prior exercise or conversion as provided in the preceding sentence and provided that (a) the Company Notice of the proposed event is actually received by Xxxxxx, as evidenced by a return receipt of certified mail delivery, a certificate of delivery by hand delivery or written verification of delivery from the overnight courier, and (b) the event actually occurs within thirty (30) days after the date it is expected to occur, as such date was specified in the Company Notice, this Warrant will terminate on the Liquidation Date.
Termination of Warrant. Except those rights which by their terms specifically extend beyond the end of the Exercise Period, this Warrant and all rights granted herein, to the extent those rights have not lapsed or been exercised, will terminate and become null and void at the end of the Exercise Period or as otherwise specifically provided herein.
Termination of Warrant. Notwithstanding any provision of this Warrant to the contrary, this Warrant shall expire and no longer be exercisable upon either (a) the consummation of a Sale of the Company or (b) the consummation of a Capital Reorganization in which (i) the stockholders of the Company receive only cash consideration for each share of common stock of the Company held by such stockholder that is less (when added to any cash consideration attributable to any prior Capital Reorganization) than the Qualifying Cash Consideration, (ii) a majority of directors of the purchaser or surviving entity in such Capital Reorganization consists of persons who are not Continuing Directors, and (iii) such purchaser or surviving entity is not a member of the
Termination of Warrant. This Warrant shall expire and shall no longer be exercisable upon the earlier of (a) the expiration of the Exercise Period and (b) the exercise in full hereof.
Termination of Warrant. Notwithstanding any other provisions of this Warrant, in the event of sale or other disposition of all or substantially all of the assets of the Company as a part of a plan for liquidation of the Company, all rights to exercise the Warrant shall terminate sixty (60) days after the Company gives written notice to the Holder that such sale or other disposition has been consummated.
Termination of Warrant. Except as herein otherwise stated, this Warrant, to the extent not theretofore exercised, shall terminate at 5:00 p.m. Pacific Standard Time three (3) years after the date of issuance as stated on the signature page hereof.
Termination of Warrant. In the event that any Stock Warrant is not exercised in full prior to its expiration, then immediately following the expiration of such Stock Warrant, this Warrant shall be terminated.
Termination of Warrant. Notwithstanding anything to the contrary herein, to the extent not previously exercised, converted or terminated, this Warrant and all of the Registered Holder’s rights hereunder shall immediately terminate in their entirety, and thereafter this Warrant shall not be or become exercisable in any respect, upon the earliest to occur of:
Termination of Warrant. If the Securities Purchase Agreement is terminated by the Company pursuant to Sections 10.2(d) or 10.3(d) thereof, or is subject to termination thereto at the time of termination as a result of a breach of the Securities Purchase Agreement by the Holder, this Warrant shall become immediately, automatically and irrevocably unexercisable and shall expire without any action required of the Company.
