Mechanics of Put Cancellation Sample Clauses

Mechanics of Put Cancellation. If at any time during a Pricing Period the Company discovers the existence of Material Facts or any Ineffective Period or Delisting Event occurs, the Company shall cancel the Put (a "Put Cancellation"), by delivering written notice to the Investor (the "Put Cancellation Notice"), attached as Exhibit Q, by facsimile and overnight courier. The "Put Cancellation Date" shall be the date that the Put Cancellation Notice is first received by the Investor, if such notice is received by the Investor by 6:00 p.m., New York, NY time, and shall be the following date, if such notice is received by the Investor after 6:00 p.m., New York, NY time.
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Mechanics of Put Cancellation. Subject to the ----------------------------- limitations below, at any time from the Advance Put Notice Date through the last day of the Pricing Period, the Company may cancel a Put (a "Put Cancellation"), in whole or in part, by delivering written notice to the Subscriber (the "Put Cancellation Notice"), attached as Exhibit O, by facsimile and overnight --------- courier. The "Put Cancellation Date" shall be the date that the Put Cancellation Notice is first received by the Subscriber, if such notice is received by the Subscriber by 6:00 p.m., New York, NY time, and shall be the following date, if such notice is received by the Subscriber after 6:00 p.m., New York, NY time. The Subscriber shall, within one (1) Trading Day of receipt of a Put Cancellation, send, via facsimile, a confirmation of receipt (the "Put Cancellation Confirmation," the form of which is attached hereto as Exhibit T) --------- of the Put Cancellation Notice to Company specifying that the Put Cancellation Notice has been received;
Mechanics of Put Cancellation. Subject to the limitations below, at any time from the Advance Put Notice Date through the last day of the Pricing Period, the Company may cancel a Put (a "Put Cancellation"), in whole or in part, by delivering written notice to the Subscriber (the "Put Cancellation Notice"), attached as Exhibit Q, by facsimile and overnight courier. The "Put Cancellation Date" shall be the date that the Put Cancellation Notice is first received by the Subscriber, if such notice is received by the Subscriber by 6:00 p.m., New York, NY time, and shall be the following date, if such notice is received by the Subscriber after 6:00 p.m., New York, NY time.
Mechanics of Put Cancellation. Subject to the limitations below, at any time from the Advance Put Notice Date through the last day of the Pricing Period, the Company may cancel a Put (a "Put Cancellation"), in whole or in part, by delivering written notice to the Investor (the "Put Cancellation Notice"), attached as Exhibit Q, by facsimile and overnight courier. The "Put Cancellation Date" shall be the date that the Put Cancellation Notice is first received by the Investor, if such notice is received by the Investor by 6:00 p.m., New York time, and shall be the following date, if such notice is received by the Investor after 6:00 p.m., New York time. The Investor shall, within one (1) Trading Day of receipt of a Put Cancellation, send, via facsimile, a confirmation of receipt (the "Put Cancellation Confirmation," the form of which is attached hereto as Exhibit S) of the Put Cancellation Notice to Company specifying that the Put Cancellation Notice has been received;

Related to Mechanics of Put Cancellation

  • Debt Cancellation Borrower shall not cancel or otherwise forgive or release any claim or debt (other than termination of Leases in accordance herewith) owed to Borrower by any Person, except for adequate consideration and in the ordinary course of Borrower’s business.

  • Rescission or Cancellation The Servicer shall not permit any rescission or cancellation of any Receivable except as ordered by a court of competent jurisdiction or other Governmental Authority or in accordance with the normal operating procedures of the Servicer.

  • Section 309 Cancellation All Securities surrendered for payment, redemption, registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of as directed by a Company Order.

  • Cancellation of Orders If payment for shares purchased is not received within the time customary or the time required by law for such payment, the sale may be canceled without notice or demand, and neither FTDI nor the Fund(s) shall have any responsibility or liability for such a cancellation; alternatively, at FTDI's option, the unpaid shares may be sold back to the Fund, and Bank shall be liable for any resulting loss to FTDI or to the Fund(s). FTDI shall have no liability for any check or other item returned unpaid to Bank after Bank has paid FTDI on behalf of a purchaser. FTDI may refuse to liquidate the investment unless FTDI receives the purchaser's signed authorization for the liquidation.

  • Automatic cancellation The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

  • No Rescission or Cancellation The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

  • Voluntary cancellation The Company may, if it gives the Agent not less than three Business Days' prior written notice (or such shorter period as the Majority Lenders may agree), cancel the whole or any part (being a minimum amount of EUR 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably under the Facility.

  • Conversion Mechanics (a) The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing that portion of the principal and interest and fees to be converted, if any, by the then applicable Fixed Conversion Price. In the event of any conversions of outstanding principal amount under this Note in part pursuant to this Article III, such conversions shall be deemed to constitute conversions of outstanding principal amount applying to Monthly Amounts for the remaining Repayment Dates in chronological order.

  • Notice of Cancellation Any notice of cancellation given by the Borrower pursuant to Clause 7.1 (Cancellation) shall be irrevocable and shall specify the date upon which such cancellation is to be made and the amount of such cancellation.

  • Cancellation of Warrants In the event the Company shall purchase or otherwise acquire Warrants, the same shall thereupon be cancelled and retired. The warrant agent (if so appointed) shall cancel any Warrant surrendered for exchange, substitution, transfer or exercise in whole or in part.

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