Call Feature Sample Clauses

Call Feature. The Administrator shall have the right to call any Participant loan once a Participant's employment with all Related Companies has terminated or if the Plan is terminated.

Call Feature. The Administrator shall have the right to call any Participant loan once a Participant's employment with all Related Companies has terminated or if the Plan is terminated. 10.1 In-Service Withdrawals Permitted In-service withdrawals to a Participant who is an Employee are permitted pursuant to the terms and conditions set forth in this Section and as required by law as set forth in Section 11.

Call Feature. The Administrator shall have the night to call any Participant loan once a Participant's employment with all Related Companies has terminated, unless he on she is otherwise a party in interest (as defined in ERISA section 3(14)), or if the Plan is terminated.

Call Feature. If at any time prior to the Warrant Expiration Date, the closing price of the Common Stock shall for ten (10) consecutive trading days equal or exceed an average price per share (non-weighted) of Eight and 25/100 Dollars ($8.25), then within thirty (30) days following the end of any such period (the "Call Period"), the Company shall have the option to repurchase this Warrant at the per Warrant price of $0.25 (the "Call Option"). To exercise the Call Option under this Section 1.2, the Company must provide written notice of such intent to the Holder on or prior to expiration of the Call Period (the "Call Notice"). Notwithstanding such Call Notice, the Holder shall still have the right to exercise this Warrant in accordance with the provisions of Section 1.4; provided, however, that such exercise occurs within twenty (20) days of the date of the Call Notice.

Call Feature. On any Business Day on or after August 30, 2002, the Corporation may notify the holders of the Notes that it intends to call the Notes, in whole but not in part, at the Face Amount (plus any accrued and unpaid interest) on the date that is 15 calendar days after the date of such announcement.

Call Feature. (a) In the event that the closing bid price of the Company's Common Stock on the Nasdaq Small Cap Market equals or exceeds, for a period of twenty consecutive trading days after the expiration of the first anniversary date of this Warrant, $8.50 per share until the day preceding the second anniversary of the date of this Warrant, $9.50 per share from the second anniversary of the date of this Warrant until the day preceding the third anniversary of the date of this Warrant, and $10.50 per share thereafter, the Company may call this Warrant, in whole or in part, at a price of $.01 per share of Common Stock subject to the Warrant (the "Call Price"), ending within five (5) days from the date notice of call is given pursuant to Section 4(b) hereof. (b) Notice of any proposed call for this Warrant shall be given by the Company by mailing a copy of such notice by first class mail, postage prepaid, not less than 30 nor more than 90 calendar days prior to the date fixed for the call (the "Call Date") to the Holder of Record of the Warrant at his address appearing on the books of the Company. On the Call Date, the Company shall pay the Holder of this Warrant the Call Price applicable to the number of shares subject to such notice of call at which time this Warrant shall terminate and Holder shall have no further rights hereunder, except to the extent that the Holder has previously exercised this Warrant pursuant to Section 4(c) below. (c) In the event that notice of call has been given pursuant hereto, the Holder of this Warrant may, pursuant to the provisions of Section 3 hereof, elect to exercise the Warrant for which notice of call has been given at any time on or prior to the tenth calendar day immediately preceding the Call Date. (d) Under no circumstances shall the Company be able to exercise its rights under this Section 4 unless it has an effective registration statement on file with the Securities and Exchange Commission with respect to the shares of Common Stock which may be acquired upon exercise hereof.

Call Feature. The Company may call the Warrants in the event that the closing price of the Common Stock is at least 100 % of the Unit Price for five (5) consecutive trading days.

Call Feature. The Administrator shall call any Participant loan after a Participant's employment with all Related Companies has terminated or if the Plan is terminated, except that with regard to a Participant loan transferred to this Plan from the First Interstate Bancorp Employee Savings Plan on behalf of a Participant who at the time of transfer was not an Employee (or such loan would not have otherwise been called pursuant to the terms of the First Interstate Bancorp Employee Savings Plan or any loan policy related thereto), the Administrator shall have the right to call the Participant's loan upon the earliest of a determination that the loan is in default, the Participant's commencement of distribution in accordance with Section 11 or termination of the Plan. 3. Section 11 is amended to restate Subsections 11.3 and 11.8 each in its entirety as follows:

Call Feature. Lender may, at its option call the outstanding balance of principal and accrued unpaid interest due under the Bridge Loan facility at any time after March31, 2000.

Call Feature. (a) The Holder of this Warrant shall be subject to the following call rights: the Warrants may be callable at $0.01 per Warrant Share upon the consummation of a Company financing with (i) a per share offering price of at least $8.00 and (ii) net proceeds to the Company of at least $15 million.