Initial Exercise Period definition

Initial Exercise Period shall have the meaning set forth in SECTION 2 hereto.

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Initial Exercise Period. ’ means the period between the third and fifth anniversary of the

Initial Exercise Period means the period beginning March 1, 1998 and ending on the earlier of the 36th monthly anniversary of the date hereof, or the effective date of any registration statement covering any of the Common Stock of the Corporation.

Examples of Initial Exercise Period in a sentence

In order to exercise its right hereunder, the Company must deliver written notice to Seller within the Initial Exercise Period.
In order to exercise its rights hereunder, such Eligible Investor must provide written notice delivered to Seller within the Initial Exercise Period.
To exercise its rights hereunder, each Co-Sale Eligible Investor (a “Selling Investor”) must have provided a written notice to Seller within the Initial Exercise Period indicating the number of shares it holds that it wishes to sell pursuant to this Section 4.1.
In order to exercise its rights hereunder, such non-Transferring member must provide written notice delivered to the Transferor within the Initial Exercise Period.
In order to exercise its right hereunder, the Company must deliver written notice to such Transferor within the Initial Exercise Period.
The Reset Date (and corresponding Reset Price) set forth in this Section 3(h) shall be extended for the number of calendar days during the period beginning on the Initial Exercise Period and ending on the date that is the earlier of (x) May 14, 2007 and (y) the date the Company’s obtains Shareholder Approval in which (a) trading in the Common Stock is suspended by any Trading Market, or (b) the Company’s registration statement on Form S-3, no.
Notwithstanding the foregoing to the contrary, in the event Licensor’s Buy-Out Option is exercised following the expiration of the Initial Exercise Period, the Buy-Out Price shall not be less than an amount equal to the factor of 3.0 multiplied by Licensee Annualized Gross Revenue from the sale and distribution of the Products in the Domestic Territory or the International Territory, or both, as the case may be.
In order to exercise its rights hereunder, such Electing Participating Investor must provide written notice to Seller with a copy to the Company and each Eligible Investor within seven days after the expiration of the Initial Exercise Period (the “Subsequent Exercise Period”).
To the extent an Initial Exercise Period coincides with a Blocking Period, the Initial Exercise Period shall be shortened.
In order to exercise its rights hereunder, such Eligible Investor must provide written notice delivered to Seller within ten (10) days after the expiration of the Initial Exercise Period.

Related to Initial Exercise Period

Initial Exercise Date shall have the meaning set forth in the Preamble.
Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.
Option Exercise Period has the meaning set forth in Section 9.1(d)(iii).
Initial Exercise Price shall have the meaning set forth in Section 2.4.1.
Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

Related to Initial Exercise Period

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