Exercise Condition Sample Clauses

Exercise Condition. Party A may immediately exercise the option of acquiring the shares or remaining assets and business of Opco whenever Party A considers it necessary to acquire Opco and it is doable in accordance with PRC laws and regulations.
AutoNDA by SimpleDocs
Exercise Condition. Party A may immediately exercise the option of acquiring the equity interests in or remaining assets and business of Party C whenever Party A considers it necessary to acquire Party C and it is doable 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. 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.
AutoNDA by SimpleDocs
Exercise Condition. If you are randomized to the exercise condition, you will be given a weekly exercise goal of 200 min/week of moderate-intensity exercise and be asked to exercise on at least 5 days/week. Most of this exercise will be done on your own, but you will also exercise at our center 2 times/week during the first 4 weeks and once per week during weeks 5-12. During these exercise sessions at our center, we will frequently monitor your exercise intensity, your heart rate, and how you are feeling. The remaining exercise sessions you will do on your own, while wearing an armband which measures exercise intensity. You will be asked to record the type and amount of exercise you did each day in a diary and downloaded armband data will be used to verify your diary reports. For each week that you achieve the exercise goal of 200 minutes, you will receive $10 in cash at the following weeks exercise visit; thus you will have the opportunity to earn up to $120 in cash across the 12-week period for achieving your weekly exercise goals. Further, as an additional incentive to meet your exercise goal, you will receive a $50 bonus (in the form of a gift card) at the completion of the study if you averaged >180 minutes/week of moderate-intensity exercise (as verified via the armband) across the 12-week period. To assist you in meeting your exercise goals, you will be required to get a gym membership for the 12-week period and you will be reimbursed up to $120 towards start-up and membership fees. The reimbursement schedule is as follows: Week 1: reimbursed for month 1 membership, Week 5: reimbursed for month 2 membership, Week 9: reimbursed for month 3 membership and start-up fees. This total will not exceed $120 and it will be given in cash at the time points specified. You will be required to provide verification of payment in order to be reimbursed.
Exercise Condition. The 1% Option set forth in Section 10.1 shall not be exercisable by Zijin Purchaser (and Zijin Purchaser shall not be entitled to deliver to the 1% Holder the 1% Option Exercise Notice) unless Zijin and Zijin Purchaser have arranged or procured the Phase 1 Project Financing in accordance with Section 8.1 (the “1% Option Exercise Condition”) and are otherwise in compliance with that Section in all respects.
Exercise Condition. (1) The On-Default Option set forth in Section 11.1 shall not be exercisable by an On-Default Option Holder (and an On-Default Option Holder shall not be entitled to deliver to the 1% Holder the On-Default Option Exercise Notice) unless an Event of Default exists under the 1% Holder Prom Note or the 1% Holder has materially breached this Agreement (the “On-Default Option Exercise Condition”). (2) Promptly following an Event of Default under the 1% Holder Prom Note, the 1% Holder shall deliver written notice of same to each of the On-Default Option Holders, and in any event, no later than forty-eight (48) hours following the commencement of the Event of Default. (3) For purposes of this Section 11.2, “Event of Default” is as defined in the 1% Holder Prom Note.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!