TERM OF THE WARRANT. Except as otherwise provided for herein, the term of this Warrant and the right to purchase Preferred Stock as granted herein (the “Warrant) shall commence on the Effective Date and shall be exercisable for a period ending upon the sooner to occur of (i) ten (10) years after the Effective Date; or (ii) five (5) years after the Initial Public Offering.
Appears in 2 contracts
Sources: Warrant Agreement (Concert Pharmaceuticals, Inc.), Warrant Agreement (Concert Pharmaceuticals, Inc.)
TERM OF THE WARRANT. Except as otherwise provided for herein, the term of this Warrant and the right to purchase Preferred Stock as granted herein (the “Warrant) shall commence on the Effective Date and shall be exercisable for a period ending upon the sooner to occur of (i) ten (10) years after from the Effective Date; or (ii) five (5) years after the Initial Public Offering.
Appears in 1 contract
TERM OF THE WARRANT. Except as otherwise provided for herein, the term of this Warrant and the right to purchase Preferred Stock as granted herein (the “Warrant”) shall commence on the Effective Date and shall be exercisable for a period ending upon the sooner earliest to occur of (i) ten (10) years after from the Effective Date; or (ii) five (5) years after the Initial Public Offering.. Notwithstanding
Appears in 1 contract
Sources: Warrant Agreement (Annie's, Inc.)