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. (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.
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. Subject to Paragraph 1 of this Agreement, this Option cannot be exercised until August 6, 2001, 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 8/6/01 25,000 8/6/02 25,000 8/6/03 25,000 8/6/04 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.
EXERCISE RIGHTS. In the event that an Acquiring Person becomes the beneficial owner of 15% or more of the then outstanding shares of Common Stock (except pursuant to a Qualifying Offer), each holder of a Right will thereafter have the right to receive, upon payment of the Purchase Price, shares of Common Stock (or, in certain circumstances, cash, property or other securities of the Company) having a value (based on a formula set forth in the Renewed Rights Agreement) equal to two times the Purchase Price of the Right. Notwithstanding any of the foregoing, following the occurrence of the event set forth in this paragraph (the "Flip-in Event"), all Rights that are, or (under certain circumstances specified in the Renewed Rights Agreement) were, beneficially owned by an Acquiring Person (or by certain related parties) shall be null and void. However, Rights are not exercisable following the occurrence of the Flip-in Event until such time as the Rights are no longer redeemable by the Company as set forth below. In the event that, at any time following the Stock Acquisition Date, (i) the Company is acquired in a merger or other business combination transaction in which the Company is not the surviving corporation or in which it is the surviving corporation but its Common Stock is changed or exchanged (other than a merger consummated pursuant to a Qualifying Offer), or (ii) more than 50% of the Company's assets or earning power is sold or transferred, each holder of a Right (except Rights which previously have been voided as set forth above) shall, after the expiration of the redemption period referred to below, have the right to receive, upon payment of the Purchase Price, common stock of the acquiring company having a value equal to two times the Purchase Price. The events set forth in this paragraph and the Flip-in Event described in the previous paragraph are referred to as the "Triggering Events." Until a Right is exercised, the holder thereof, as such, will have no rights as a stockholder of the Company, including, without limitation, the right to vote or to receive dividends. While the distribution of the Rights will not be taxable to stockholders or to the Company, stockholders may, depending upon the circumstances, recognize taxable income in the event that the Rights become exercisable for shares of Common Stock (or other consideration) of the Company or for shares of common stock of the acquiring company as set forth above, or are redeemed as provided above.
