Exercise Condition Sample Clauses

Exercise Condition. Party A may immediately exercise the option of acquiring the equity interests in or the assets and business of Party C whenever Party A considers it necessary to acquire Party C and it is possible to do so in accordance with PRC laws and regulations.

Exercise Condition. Party A could exercise the optional purchase right to purchase object shares or increase investment, at any time when Party A considers it is necessary and feasible.

Exercise Condition. Not applicable.

Exercise Condition. The "Exercise Condition" is satisfied in respect of a Payment Date if the Profit, as determined by the Calculation Agent in accordance with Paragraph 7, is greater than zero for that Payment Date.5

Exercise Condition. Party A and/or its designated person may immediately exercise the Option of acquiring the equity interests in and/or the Assets and Business of the Operating Entity whenever Party A considers it necessary to acquire the Operating Entity and it is permitted under the laws of the PRC. Party A or its designated person may exercise the Option from time to time, until all equities and/or all Assets and Business of the Operating Entity have been acquired by Party A or its designated person.

Exercise Condition. I. The exercise of the Stock Acquisition Rights shall be governed by the terms and conditions of the Company’s acquisition of the Stock Acquisition Rights with respect to the Stock Acquisition Rights or the Holder to be exercised. The Stock Acquisition Rights may not be exercised if any of the events set forth in the items below has not occurred. Provided, however, that this shall not apply to cases in which the Company specifically permits the exercise of such voting rights. II. The exercise of the Stock Acquisition Rights shall be made on a Stock Acquisition Rights basis, and no part of the Stock Acquisition Rights may be exercised. III. If a Holder exercises one or more of the Stock Acquisition Rights, the number of shares to be delivered to such Holder upon such exercise shall be a whole number, and any fraction less than one (1) share shall be rounded down and no shares shall be allotted. No monetary adjustment will be made for such rounding. IV. The Holder may exercise the Stock Acquisition Rights if the consolidated sales of the Company Group on a functional currency basis, prior to translation into the reporting currency under U.S. GAAP, for each consolidated accounting year after the accounting audit on or after the fiscal year ending November 2023 exceeds 85 billion yen. V. The Holder may not exercise the Stock Acquisition Rights until the Company’s shares are listed on a financial instruments exchange established under the laws and regulations of a foreign country.

Exercise Condition. Notwithstanding any provision in this Warrant to the contrary, this Warrant shall not be exercisable unless and until such time as the Company or its subsidiaries process at least 13 million wireline video subscribers of TCI Cable Management Corporation, a Colorado corporation (the "Customer") which is affiliated with TCI, and its "Affiliates" (as such term is defined in the Restated and Amended CSG Master Subscriber Management System Agreement dated as of August 10, 1997 between CSG Systems, Inc., a Delaware corporation and a wholly-owned subsidiary of the Company, and Customer) (the "Master Agreement"). All such 13 million wireline video subscribers must be processed by the Company or its subsidiaries on the same terms and conditions of the Master Agreement in order for the exercise condition to be satisfied.

Exercise Condition. I. The exercise of the Stock Acquisition Rights shall be governed by the terms and conditions of the Company’s acquisition of the Stock Acquisition Rights with respect to the Stock Acquisition Rights or the Holder to be exercised. The Stock Acquisition Rights may not be exercised if any of the events set forth in the items below has not occurred. Provided, however, that this shall not apply to cases in which the Company specifically permits the exercise of such voting rights. II. The exercise of the Stock Acquisition Rights shall be made on a Stock Acquisition Rights basis, and no part of the Stock Acquisition Rights may be exercised. III. If a Holder exercises one or more of the Stock Acquisition Rights, the number of shares to be delivered to such Holder upon such exercise shall be a whole number, and any fraction less than one (1) share shall be rounded down and no shares shall be allotted. No monetary adjustment will be made for such rounding. IV. The Holder may exercise the Stock Acquisition Rights if the consolidated sales of the Company Group on a functional currency basis, prior to translation into the reporting currency under U.S. GAAP, for each consolidated accounting year after the accounting audit on or after the fiscal year ending November 2023 exceeds 85 billion yen. V. The Holder may not exercise the Stock Acquisition Rights until the Company’s shares are listed on a financial instruments exchange established under the laws and regulations of a foreign country. VI. With respect to the common shares to be acquired in exchange for the exercise of the Stock Acquisition Rights (hereinafter referred to as the “Common Shares”), the Holder shall promptly notify the Company to a designated depository bank (including a custodian in Japan designated by the depository bank) with which the Company enters into a deposit agreement (hereinafter referred to as the “Depositary Agreement”). (including financial institutions, etc. established pursuant to the laws and regulations of foreign countries) designated by the Company with respect to the depositary receipts obtained in exchange for the Common Shares. The Company may exercise the Stock Acquisition Rights only if the Company agrees to provide the Common Shares to a trust such as custody or management (hereinafter referred to as the “Trust”) and agrees in advance not to hold the Common Shares as Common Shares for a period longer than a reasonable period required for the Depository Securitization procedure...

Exercise Condition. JEI may not exercise this Option if it is in default for failure to pay the Initial Option Fee when due or for failure to pay the Extension Fee when due and same has not been cured within ten (10) days after receipt of written notice from Dakota Group that any such amount has not been received.