Common use of DURATION OF DEBT WARRANTS Clause in Contracts

DURATION OF DEBT WARRANTS. Each Debt Warrant may be exercised at the time or times, or during the period or periods, provided by or pursuant to the Board Resolution relating thereto and specified in the Debt Warrant Certificate evidencing such Debt Warrant. Each Debt Warrant not exercised at or before 5:00 P.M., New York City time, on its Expiration Date shall become void, and all rights of the Holder of such Debt Warrant thereunder and under this Agreement shall cease.

Appears in 1 contract

Sources: Debt Warrant Agreement (Goodyear Capital Trust I)

DURATION OF DEBT WARRANTS. Each Debt Warrant may be exercised exercise at the time or times, or during the period or periods, provided by or pursuant to the Board Resolution relating thereto and specified in the Debt Warrant Certificate evidencing such Debt Warrant. Each Debt Warrant not exercised at or before 5:00 P.M., New York City time, on its Expiration Date shall become void, and all rights of the Holder of such Debt Warrant thereunder and under this Agreement shall cease.

Appears in 1 contract

Sources: Debt Warrant Agreement (Northrop Grumman Corp /De/)