Exercisability of Warrants Clause Samples
The Exercisability of Warrants clause defines when and how a warrant holder can exercise their right to purchase underlying securities. Typically, this clause outlines the time period during which the warrant is valid, any conditions that must be met before exercise, and the process for submitting an exercise notice and payment. For example, it may specify that warrants can only be exercised after a certain date or upon the occurrence of a specific event. The core function of this clause is to provide clear rules and procedures for exercising warrants, thereby ensuring both parties understand the terms and reducing the risk of disputes.
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Exercisability of Warrants. The Warrants will be exercisable immediately and will expire five years from the original issuance date. Public offering price: $1,000.00 per share of Preferred Stock and related Warrant Underwriting discount: $70.00 per share of Preferred Stock and related Warrant Expected net proceeds: Approximately $[●] million (after deducting the underwriting discount and estimated offering expenses payable by the Company). Trade date: _________, 2016 Settlement date: _________, 2016 Underwriters: R▇▇▇ Capital Partners, LLC [ ] 1 To be revised as necessary
Exercisability of Warrants. The Warrants shall be exercisable at any time from October 1, 2006, until 5:30 p.m., New York time, on September 30, 2008.
Exercisability of Warrants. The Warrants shall be exercisable at any time from August 1, 2006, until 5:30 p.m., New York time, on July31, 2008.
Exercisability of Warrants. The Warrants shall be immediately exercisable.
Exercisability of Warrants. The Warrants shall be exercisable at any time commencing six months after the Effective Date, until 5:30 p.m., New York time, five (5) years after the Effective Date.
Exercisability of Warrants. Each Warrant may be exercised at any time on or after the date hereof, but not after 5:00 P.M., New York City time, on the fifth anniversary of the date hereof (the "Exercise Deadline"). The minimum number of shares of Common Stock with respect to which the Warrants may be exercised as to any holder shall be the lesser of (i) 25,000 and (ii) the number of shares of Common Stock issuable upon exercise of all Warrants held by such holder.
Exercisability of Warrants. Each Warrant may be immediately exercised at any time after the Original Issue Date but not after 5:00 p.m., New York time, on October 27, 1999 (the "Expiration Date," which term shall also mean the latest time and date at which the Warrants may be exercised). From and after the Expiration Date, each Warrant not theretofore exercised shall be void and of no effect, and all rights thereunder, and all rights in respect thereof under this Agreement, shall thereupon cease. The Company has secured the effective registration of the shares of Common Stock issuable upon exercise of the Warrants under the Securities Act of 1933, as amended (the "Securities Act"), and has registered or qualified such shares under applicable state securities laws, as requested by the Representative. The Company agrees to use reasonable good faith efforts to maintain such registration and/or qualification in effect and to keep available for delivery upon the exercise of Warrants a prospectus that meets the requirements of section 10 of the Securities Act, until the earlier of the date by which all of the Warrants are exercised or the Expiration Date; provided, however, that the Company shall have no obligation to maintain the effectiveness of such registration or qualification or to keep available a prospectus, as aforesaid, at any time at which such registration or qualification or the delivery of such prospectus is not then required; and provided further, that in the event, by amendment to the Securities Act or otherwise, some other or different requirement shall be imposed by act of Congress of the United States which shall relate to the issuance of Common Stock upon exercise of the Warrants, the Company shall use reasonable good faith efforts to comply with such requirement so long as the same shall not be substantially more burdensome to the Company than the registration requirements under the Securities Act.
Exercisability of Warrants. The Warrants will be exercisable and will expire years from the original issuance date.
Exercisability of Warrants. The Warrant Certificate shall expire if and to the extent the Warrant Shares are not exercised by May 29, 2021 (“Expiration Date”).
Exercisability of Warrants. The Warrants shall be exercisable at any -------------------------- time from [ ], 1998, until 5:30 p.m., New York time, on [ ], 2002.