Common use of Extension of Time Periods Clause in Contracts

Extension of Time Periods. The time periods for exercise of certain rights under Sections 2 shall be extended (i) to the extent necessary to obtain all regulatory approvals for the exercise of such rights, and for the expiration of all statutory waiting periods and (ii) to the extent necessary to avoid any liability under Section 16(b) of the Exchange Act by reason of such exercise.

Appears in 4 contracts

Samples: Merger Agreement (Kulicke & Soffa Industries Inc), Merger Agreement (Kulicke & Soffa Industries Inc), Stock Option Agreement (Kulicke & Soffa Industries Inc)

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Extension of Time Periods. The time periods for exercise of certain rights under Sections 2 2, 6 and 7 shall be extended (i) to the extent necessary to obtain all regulatory approvals for the exercise of such rights, and for the expiration of all statutory waiting periods periods; and (ii) to the extent necessary to avoid any liability under Section 16(b) of the Exchange Act by reason of such exercise.

Appears in 3 contracts

Samples: Merger Agreement (Puget Sound Power & Light Co /Wa/), Stock Option Agreement (Washington Energy Co), Stock Option Agreement (Puget Sound Power & Light Co /Wa/)

Extension of Time Periods. The time periods for exercise of certain rights under Sections 2 2, 7 and 10 shall be extended (i) to the extent necessary to obtain all regulatory approvals for the exercise of such rights, rights and for the expiration of all statutory waiting periods and (ii) to the extent necessary to avoid any liability under Section 16(b) of the Exchange Act by reason of such exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Cyrix Corp)

Extension of Time Periods. The time periods for exercise of certain rights under Sections 2 and 6 shall be extended extended: (i) to the extent necessary to obtain all regulatory approvals for the exercise of such rights, and for the expiration of all statutory waiting periods periods; (ii) during the pendency of any temporary restraining order, injunction or other legal ban to the exercise of such rights; and (iiiii) to the extent necessary to avoid any liability under Section 16(b) of the Exchange Act by reason of such exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Earthlink Inc)

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Extension of Time Periods. The time periods for exercise of certain rights under Sections 2 and 6 shall be extended (i) to the extent necessary to obtain all regulatory approvals for the exercise of such rights, and for the expiration of all statutory waiting periods and (ii) to the extent necessary to avoid any liability under Section 16(b) of the Exchange Act by reason of such exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Horizon CMS Healthcare Corp)

Extension of Time Periods. The time periods for exercise of certain rights under Sections 2 and 4 hereof shall be extended (ia) to the extent necessary to obtain all regulatory approvals for the exercise of such rights, and for the expiration of all statutory waiting periods and (iib) to the extent necessary to avoid any liability under Section 16(b) of the Securities Exchange Act of 1934, as amended, by reason of such exercise.

Appears in 1 contract

Samples: Stock Option Agreement (Snyder Oil Corp)

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