Expiration of Warrant Clause Samples

The 'Expiration of Warrant' clause defines the specific date or event upon which a warrant—the right to purchase securities at a set price—ceases to be exercisable. Typically, this clause outlines the duration of the warrant, such as a fixed number of years from issuance, and may specify conditions that could accelerate expiration, like a merger or acquisition. Its core function is to provide clear boundaries for when the warrant holder can exercise their rights, thereby preventing disputes and ensuring both parties understand the time limits associated with the warrant.