Exercise Mechanics Exercise Price Sample Clauses

Exercise Mechanics Exercise Price. (a) Seller may exercise the Put Option with regard to a particular Generation Asset or multiple Generation Assets by giving notice thereof from time to time to Purchaser (an “Exercise Notice”) at any time during the period (i) commencing on the date hereof, and (ii) ending upon the earlier of (x) December 31, 2010, or (y) any termination of this Agreement pursuant to Section 8.1(c) (the “Exercise Period”), subject to the satisfaction or waiver of the conditions precedent thereto set forth in Section 2.5. Each Exercise Notice shall specifically identify the Generation Asset or Generation Assets with respect to which Seller is exercising the Put Option. Under no circumstances shall the aggregate Exercise Price for all Generation Assets with respect to which Exercise Notices have been delivered under this Section 2.2 exceed $2,000,000,000 and Seller shall have no right to deliver an Exercise Notice with respect to any Generation Asset that has an Exercise Price which when added to the Exercise Prices of the Generation Assets for which Exercise Notices have been previously delivered to Purchaser would exceed $2,000,000,000. (b) Exhibit B sets forth a list of the Generation Assets and the respective prices payable by Purchaser upon the closing of an exercise of the Put Option with respect to a particular Generation Asset (the “Exercise Price”). Seller may provide an Exercise Notice for a Generation Asset to the extent and only to the extent each of the conditions precedent to the exercise of the Put Option set forth in Section 2.5 with respect to such Generation Asset have been satisfied, or waived in writing by Purchaser, prior to the delivery of such Exercise Notice. (c) Seller represents and warrants to Purchaser as follows: (i) The items set forth on Section 2.2(c)(i) of the Seller Disclosure Schedule are referred to herein as “Seller Required Put Consents.” Notwithstanding anything to the contrary in this Agreement, Seller shall deliver Section 2.2(c)(i) of the Disclosure Schedule in accordance with the terms of Section 2.9(c) of this Agreement. The items to be listed on Section 2.2(c)(i) of the Disclosure Schedule are those items that Seller must obtain such that the exercise of the Put Option with respect to the Generation Assets and the consummation of the transactions contemplated by the Put Option, including the sale of the Generation Assets, will not result in any material breach of, violation of, or constitute a material default (or event which with...
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Exercise Mechanics Exercise Price 
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Related to Exercise Mechanics Exercise Price

  • Exercise Price The exercise price per share of Common Stock under this Warrant shall be $_____, subject to adjustment hereunder (the “Exercise Price”).

  • Warrant Exercise Price 1.1 Each Warrant shall entitle the Warrant Holder the right to purchase one share of Common Stock of the Company (individually, a "Warrant Share" severally, the "Warrant Shares"). 1.2 The purchase price payable upon exercise of each Warrant ("Exercise Price") shall be $.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Number of Shares; Exercise Price This certifies that, for value received, the United States Department of the Treasury or its permitted assigns (the “Warrantholder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, to acquire from the Company, in whole or in part, after the receipt of all applicable Regulatory Approvals, if any, up to an aggregate of the number of fully paid and nonassessable shares of Preferred Stock set forth in Item 7 of Schedule A hereto (the “Shares”), at a purchase price per share of Preferred Stock equal to the Exercise Price.

  • Adjustment of Exercise Price (a) The Exercise Price and the number of shares deliverable upon the exercise of the Warrants will be subject to adjustment in the event and in the manner following: (i) If and whenever the shares at any time outstanding are subdivided into a greater or consolidated into a lesser number of shares the Exercise Price will be decreased or increased proportionately as the case may be; upon any such subdivision or consolidation the number of shares deliverable upon the exercise of the Warrants will be increased or decreased proportionately as the case may be. (ii) In case of any capital reorganization or of any reclassification of the capital of the Company or in the case of the consolidation, merger or amalgamation of the Company with or into any other Company (hereinafter collectively referred to as a “Reorganization”), each Warrant will after such Reorganization confer the right to purchase the number of shares or other securities of the Company (or of the Company’s resulting from such Reorganization) which the Warrant Holder would have been entitled to upon Reorganization if the Warrant Holder had been a shareholder at the time of such Reorganization. In any such case, if necessary, appropriate adjustments will be made in the application of the provisions of this Article Four relating to the rights and interest thereafter of the Holders of the Warrants so that the provisions of this Article Four will be made applicable as nearly as reasonably possible to any shares or other securities deliverable after the Reorganization on the exercise of the Warrants. The subdivision or consolidation of shares at any time outstanding into a greater or lesser number of shares (whether with or without par value) will not be deemed to be a Reorganization for the purposes of this clause 4.8(a)(ii). (b) The adjustments provided for in this Section 4.8 are cumulative and will become effective immediately after the record date or, if no record date is fixed, the effective date of the event which results in such adjustments.

  • Form of Exercise Price The Holder intends that payment of the Exercise Price shall be made as (check one): ☐ a cash exercise with respect to _________________ Warrant Shares; or ☐ by cashless exercise pursuant to the Warrant.

  • ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES The Exercise Price and the number of Warrant Shares shall be adjusted from time to time as follows:

  • Adjustments of Exercise Price and Number of Warrant Shares The number and kind of securities purchasable upon the exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time upon the happening of any of the following. In case the Company shall (i) pay a dividend in shares of Common Stock or make a distribution in shares of Common Stock to holders of its outstanding Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock, or (iv) issue any shares of its capital stock in a reclassification of the Common Stock, then the number of Warrant Shares purchasable upon exercise of this Warrant immediately prior thereto shall be adjusted so that the Holder shall be entitled to receive the kind and number of Warrant Shares or other securities of the Company which it would have owned or have been entitled to receive had such Warrant been exercised in advance thereof. Upon each such adjustment of the kind and number of Warrant Shares or other securities of the Company which are purchasable hereunder, the Holder shall thereafter be entitled to purchase the number of Warrant Shares or other securities resulting from such adjustment at an Exercise Price per Warrant Share or other security obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Warrant Shares or other securities of the Company resulting from such adjustment. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

  • Adjustment of Exercise Price and Number of Shares The number of and kind of securities purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Payment of Warrant Exercise Price The holder has paid in connection with this exercise the sum of $ to the Company in accordance with the terms of the Warrant.

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