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Common use of Condition to Exercise Clause in Contracts

Condition to Exercise. The Warrants hereunder may not be exercised so long as the Holder shall timely and fully receive all interest, principal and other amounts, if any, due and payable under the Note.

Appears in 2 contracts

Sources: Loan and Securities Purchase Agreement (Life Critical Care Corp), Loan and Securities Purchase Agreement (Life Critical Care Corp)

Related Clauses

  • Election to Exercise
  • Conditions to Exercise
  • Right to Exercise
  • FORM OF ELECTION TO EXERCISE
  • Failure to Exercise

Parent Clauses

  • Notice of Exercisability and Determination of Number of Warrant Shares
  • Further Limitations on Exercise
  • Tenants Right of First Offer Refusal
  • Exercise
  • General Provisions

Sub-Clauses

  • Condition to Exercise
  • Premises Contraction Fee
  • Tenant’s Election of Right
  • Tenant’s Failure to Exercise Right
  • Offer by ▇▇▇▇▇▇ Building Landlord
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