Exercise Term. The Option shall be exercisable to the extent and in the manner provided in Section 4 for a period of seven years from the Grant Date (the “Exercise Term”); provided that the Option may expire earlier as provided in Section 6.
Exercise Term. The Holders may not exercise their registration rights under Article II after the seven-year anniversary of the closing of the Business Combination.
Exercise Term. Subject to Section 1.4 hereof, UARS’ may not be exercised more than five (5) years after the Date of Grant contained in Section 1.1.
Exercise Term. This Option may not be exercised until six (6) months after the Date of Grant, and will expire and may not be exercised after the earliest of the following:
Exercise Term. Subject to the terms and conditions hereinafter set forth, the Holder shall be entitled to purchase and acquire up to 110 Non-Voting Units (in minimum increments of 5 Non-Voting Units at a time) at any time and from time to time from the date of this Warrant until 5:00 p.m. E.
Exercise Term. This Warrant may be exercised at any time during the Term of this Warrant.
Exercise Term. The Holder may exercise this Warrant, in whole or ------------- in part (but not as to fractional shares), at any time or from time to time during that period (the "Exercise Period") commencing as of the Warrant Effective Date designated on the first page of this Warrant and ending at 5:00 p.m., Pacific Standard Time, on the Warrant Expiration Date designated on the first page of this Warrant. This Warrant shall, to the extent this Warrant is not fully and timely exercised during the Exercise Period, expire and be null and void and of no further force or effect.
Exercise Term. The Holder may not exercise its registration rights under Article II after: (i) the Holder no longer holds any Registrable Securities; and (ii) with respect to any Registrable Securities, seven (7) years after the date such Registrable Securities were issued to Holder.
Exercise Term. The Holder shall exercise the Subscription Bonus within seven (7) days from (i) the Liquidity Event, in case of an IPO; or (ii) the 7th day after JKTC has received evidence of the Qualified Private Sale in accordance with the Investment Agreement.
Exercise Term. (a) All or any portion of these options, to the extent they have not previously become exercisable pursuant to Section 3(b), may be exercised in full at any time after April 1, 1998 and on or prior to June 30, 1998, at an exercise price of $1.15 per share. Notwithstanding anything herein to the contrary, options can become and remain exercisable pursuant to this Section 3(a) only if the Management Agreement between Optionee and the Company is in full force and effect and Optionee is providing management services in compliance therewith.
