Exercise of Rights; Exercise Price; Expiration Date Sample Clauses

Exercise of Rights; Exercise Price; Expiration Date. (a) The holder of any Subscription Certificate may exercise some or all of the Rights evidenced thereby (but not in amounts of less than three Rights or an integral multiple thereof) by delivering to the Agent, on or prior to 5:00 p.m., New York time, on August __, 1997 (the "Expiration Date"), a properly completed and executed Subscription Certificate, including, if required, a signature guarantee from an Eligible Institution (as defined in Section 7(d) hereof) and mailing or delivering the Subscription Certificate to the Agent at its corporate office specified in the Prospectus, together with payment of the Subscription Price for each Unit subscribed for pursuant to the Basic Subscription Privilege and the Oversubscription Privilege.
AutoNDA by SimpleDocs
Exercise of Rights; Exercise Price; Expiration Date. (a) The holder of any Rights Certificate may exercise some or all of the Rights evidenced thereby (but not in amounts other than _____ Rights or integral multiples thereof) by delivering to the Subscription Agent, prior to 5:00 p.m., Eastern Daylight Time, on __________ ___, 1997 (the "Expiration Date"), the properly completed and duly executed Rights Certificate, together with payment of the full Subscription Price for each Share subscribed for pursuant to the exercise of such Rights. In the case of holders of Rights that are held of record through The Depository Trust Company ("DTC"), such Rights may be exercised by instructing DTC to transfer Rights from the DTC account of such holder to the DTC account of the Subscription Agent, together with payment of the Subscription Price for each Share subscribed for pursuant to the exercise of such Rights. Alternatively, the holder of any Rights Certificate may exercise the Rights evidenced thereby by effecting compliance with the procedures for guaranteed delivery set forth in Section 7(b) hereof.
Exercise of Rights; Exercise Price; Expiration Date. (a) The holder of any Subscription Certificate may exercise some or all of the Rights evidenced thereby (but not in amounts of less than one Right or an integral multiple thereof) by delivering to the Subscription Agent, on or prior to 5:00 p.m., Eastern time, on _______________ __, 1997 (the "Expiration Date"), a properly completed and executed Subscription Certificate evidencing such Rights (with signatures guaranteed by an eligible guarantor institution which is a participant in a securities transfer association recognized program (each, an "Eligible Guarantor")) together with payment of the Subscription Price for each Underlying Share subscribed for pursuant to the Basic Subscription Privilege and the Oversubscription Privilege. In the case of holders of Rights that are held of record through The Depository Trust Company ("DTC"), exercises of the Basic Subscription Privilege (but not the Oversubscription Privilege) may be effected by instructing DTC to transfer Rights (such Rights being "DTC Exercised Rights") from the DTC account of such holder to the DTC account of the Subscription Agent, together with payment of the Subscription Price for each Underlying Share subscribed for pursuant to the Basic Subscription Privilege. The Oversubscription Privilege in respect of DTC Exercised Rights may not be exercised through DTC. The holder of a DTC Exercised Right may exercise the Oversubscription Privilege in respect of such DTC Exercised Right by properly executing and delivering to the Subscription Agent at or prior to 5:00 p.m., Eastern time, on the Expiration Date, a DTC Participant Oversubscription Exercise Form, substantially in the form of Exhibit C hereto, together with --------- payment of the appropriate Subscription Price for the number of Underlying Shares for which the Oversubscription Privilege is to be exercised. Alternatively, the holder of any Subscription Certificate may exercise the Rights evidenced thereby by effecting compliance with the procedures for guaranteed delivery set forth in Section 7(b) below.
Exercise of Rights; Exercise Price; Expiration Date of Rights. ---------
Exercise of Rights; Exercise Price; Expiration Date. (a) The Holder of Rights may exercise some or all of the Rights granted to such Holder by delivering to the Subscription Agent, on or prior to 5:00 p.m., New York City time, on January 5, 2001 (such date subject to extension as provided in the Prospectus, is referred to herein as the "Expiration Date"), a properly completed and executed Rights Exercise Agreement (with signature guaranteed, if necessary, by an "Eligible Institution", as defined in Rule 17Ad-15 under the Securities Act of 1934), together with payment of the Subscription Price for the Underlying Share subscribed for pursuant to the Subscription Privileges, subject to Section 5(d)(iii). In the case of Holders of Rights that are held of record through the Depository Trust Company ("DTC"), the exercise of the Subscription Privileges may be effected by instructing DTC to transfer Rights (such Rights being "DTC Exercised Rights") from the DTC account of such Holder to the DTC account of the Subscription Agent, together with payment of the Subscription Price for each Underlying Share subscribed for. Alternatively, the Holder of any Rights Exercise Agreement may exercise the Rights evidenced thereby by effecting compliance with the procedures for guaranteed delivery set forth in Section 5(b) below.
Exercise of Rights; Exercise Price; Expiration Date. 6.1. Each Record Date Stockholder may exercise some or all of the Rights evidenced by the Subscription Certificate by delivering to the Agent, on or prior to 5:00 P.M., New York City time, on the Expiration Date, properly completed and executed Subscription Documents evidencing such Rights (with signatures guaranteed, if required by Section 6.9 hereof, by a financial institution (including commercial banks, savings and loan associations and brokerage houses) that is a member of a recognized signature guarantee or medallion program within the meaning of Rule 17AD-15 under the Securities Exchange Act of 1934, as amended (each, an "Eligible Institution")), together with payment of the estimated subscription price of $13.25 per share (based on approximately 95% of the last reported sales price on the NYSE on August 20, 1999) ("Estimated Subscription Price") for each Share subscribed for pursuant to the Primary Subscription and the Over-Subscription Privilege, as the case may be.
Exercise of Rights; Exercise Price; Expiration Date. (a) The holder of any Subscription Certificate may exercise some or all of the Rights evidenced thereby (but not in amounts of less than one Right or an integral multiple thereof) by delivering to the Subscription Agent, on or prior to 5:00 p.m., New York City time, on , 1997 (the "Expiration Date"), a properly completed and executed Subscription Certificate evidencing such Rights (with signatures guaranteed, if necessary, by a commercial bank or trust company having an office or correspondent in the United States or a member firm of a national securities exchange or a member of the National Association of Securities Dealers, Inc. (each, an "Eligible Institution")), together with payment of the Subscription Price (as hereinafter defined) for each Underlying Share subscribed for pursuant to the Basic Subscription Privilege, the Oversubscription Privilege and the Standby Purchase Commitment.
AutoNDA by SimpleDocs
Exercise of Rights; Exercise Price; Expiration Date. (a) A Rights Holder may exercise Rights held by such Rights Holder by properly completing, signing and delivering the Subscription Rights Certificate representing such Rights, with any required signature guarantees, together with payment in full of the Subscription Price for the aggregate number of Units subscribed for pursuant to such Rights Holder's exercise of the Basic Subscription Privilege and the Oversubscription Privilege, before any proration or reduction with respect to the Oversubscription Privilege. A Rights Holder may also exercise Basic Subscription Privileges by complying with the procedures described in Section 7(f), below, with respect to DTC Exercised Rights (as hereinafter defined). Except as provided in Sections 7(d) and 7(f), below, and subject to Section 12(b), below, Subscription Rights Certificates and payment of the Subscription Price must be received by the Subscription Agent before 5:00 p.m. New York City time, on __________, 1997, or such later time and date to which the Rights may be extended by the Company at its option (the "Expiration Time"), and a Right will not be deemed exercised until the Subscription Agent receives both payment of the Subscription Price and a duly executed Subscription Rights Certificate (or until the Guaranteed Delivery Procedures set forth in Section 7(d), below, have been complied with). A Rights Holder's Oversubscription Privilege must be exercised concurrently with such Rights Holder's Basic Subscription Privilege, except for DTC Exercised Rights, as described in Section 7(f), below. Once a Rights Holder has exercised a Right, such exercise may not be revoked. The Rights will expire at the Expiration Time. The Company may notify the Subscription Agent either orally or in writing of any extension of the Expiration Time. If the Company gives an oral notice of an extension, it will confirm such extension in writing.
Exercise of Rights; Exercise Price; Expiration Date. (a) The Rights will be exercisable at any time following 5:00 p.m., New York City time, on the last day of the Measurement Period until 5:00 p.m., New York City time, on the Expiration Date, unless the Rights Offering is earlier canceled.
Exercise of Rights; Exercise Price; Expiration Date 
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!