EXERCISE RIGHTS. The Holder will have the right to exercise this Warrant to purchase shares of Common Stock as set forth below. Capitalized terms used and not otherwise defined herein shall have the meanings set forth in that certain Debt Settlement Agreement dated August 11, 2017 between the Company and the Holder (the “Agreement”).
EXERCISE RIGHTS. The Holder will have the right to exercise this Warrant to purchase shares of Common Stock as set forth below.
EXERCISE RIGHTS. A single or partial exercise or waiver by a party of any right under or relating to this agreement will not prevent any other exercise of that right or the exercise of any other right.
EXERCISE RIGHTS. Exercise the rights of Borrower under any contract or other agreement in any way relating to the Property and take over and use all or any part of the labor, materials, supplies and equipment contracted for by Borrower, whether or not previously incorporated into the realty; and
EXERCISE RIGHTS. The Warrants will be exercisable for Exercise Consideration in the manner, and subject to the terms, set forth in Section 5 of the Warrant Agreement.
EXERCISE RIGHTS. The Options shall be exercisable by Executive for a period of ninety (90) days following Executive’s termination for any reason other than Cause. The Options shall not be exercisable following a termination of Executive for Cause. If the exercisability of the Options is limited by a restriction imposed by law upon Ceridian (as opposed to any restriction imposed by law upon Executive) during such ninety (90)-day period, the exercise period will be extended during the period of such restriction.
EXERCISE RIGHTS. The right to purchase the Shares under this Warrant is exercisable in part at any time until expiration.
EXERCISE RIGHTS. (a) On or after the date hereof but prior to the Expiration Date, Holder shall be entitled to exercise (on one or more separate occasions) any portion of the outstanding and unexercised Total Exercise Amount (as hereinafter defined) into Shares in accordance with Section 1.3, at the Exercise Rate (as hereinafter defined), provided that with respect to any exercise the Holder may not exercise less than the lesser of (i) an Exercise Amount equal to $250,000 or (ii) the full Total Exercise Amount then outstanding.
(b) On or after the date that is 30 months following the Original Issue Date, provided that, at the time the Company causes exercise, (1) Company (on a consolidated basis) has cash and cash equivalents (net of any amounts required to cover checks and similar instruments issued by the Company which have not cleared and determined in conformity with GAAP applied consistently with the application thereof in the preparation of the balance sheet included in the most recent financial statements included in the Company’s SEC filings) (the “Company Cash”) of not less than $9,500,000 and (2) the result of (i) the current assets of the Company (on a consolidated basis) determined in conformity with GAAP applied consistently with the application thereof in the preparation of the balance sheet included in the most recent financial statements included in the Company’s SEC filings minus (ii) the current liabilities of the Company (on a consolidated basis) determined in conformity with GAAP applied consistently with the application thereof in the preparation of the balance sheet included in the most recent financial statements included in the Company’s SEC Documents (the “Net Working Capital”) is not less than $13,000,000, the Company shall be entitled to cause Holder to exercise all or any portion of the outstanding and unpaid Total Exercise Amount (as hereinafter defined) into Shares in accordance with Section 1.3, at the Exercise Rate (as hereinafter defined).
(c) On or after the date as of which the volume weighted average price of the Common Stock on each Trading Day during any consecutive 90-day period after the eighteen (18) month anniversary of the Original Issue Date of this Warrant has exceeded $5.50 per share (subject to proportionate adjustment for stock splits, subdivisions and combinations of shares and similar events affecting the Common Stock) (the “Threshold Common Stock Price”), provided that (i) at such time the Company causes exercise the Thres...
EXERCISE RIGHTS. It shall preserve and/or exercise and/or enforce its rights under and pursuant to the Issuer Transaction Documents.
EXERCISE RIGHTS. Subject to Paragraph 1 of this Agreement, this Option cannot be exercised until May 1, 2002, and then only to the extent permitted by the following schedule and the other terms and conditions governing this Option: Cumulative Maximum Number of Option Date Shares Purchasable 5/1/02 25,000 5/1/03 25,000 5/1/04 25,000 5/1/05 25,000 Purchase of any or all of the shares covered by this Option must occur no later than the expiration date provided for in Paragraph 1 of this Agreement.
