Share Exercise Clause Samples
Share Exercise tendering Shares (which have been held at least six (6) months) in an amount sufficient to provide the full cash purchase price;
Share Exercise. Exercised Tokens by payment in _______ Holder Shares.
Share Exercise. If HM has satisfied all conditions to exercise of the Securities Issuance Option other than those contained in Sections 5.9 and 5.12, HM may elect, as an alternative to such exercise, on one occasion and prior to the issuance of any Preferred Shares pursuant to Section 2.3, to exercise the Quota Share Reinsurance Right. In such a case, HM shall provide written notice to Reinsurance Option Writer during the Exercise Term of its intent to exercise the Quota Share Reinsurance Right, which shall contain the same information as a Notice of Exercise other than information regarding Preferred Shares. Following delivery of that notice in accordance with Section 10.2, the procedures for Reinsurance Option Writer to object to that notice and for resolution of that objection shall be consistent with those set forth above in Section 2.3. If Reinsurance Option Writer has not objected to such an exercise or such an objection has been resolved in HM's favor, Reinsurance Option Writer and HM shall cooperate and shall use their commercially reasonable efforts to cause the conditions listed in Section 5.5 which involve obligations of Reinsurance Option Writer or HM, as applicable, to be satisfied as soon as reasonably practicable. Any election by HM to exercise the Quota Share Reinsurance Right shall terminate the obligation of Reinsurance Option Writer to purchase Preferred Shares pursuant to this Agreement.
Share Exercise. If HM has satisfied all conditions to -------------------- exercise of the Securities Issuance Option other than those contained in Sections 5.9 and 5.12, HM may elect, as an alternative to such exercise, on one occasion and prior to the issuance of any Preferred Shares pursuant to Section 2.3, to exercise the Quota Share Reinsurance Right. In such a case, HM shall provide written notice to Reinsurance Option Writer during the Exercise Term of its intent to exercise the Quota Share Reinsurance Right, which shall contain the same information as a Notice of Exercise other than information regarding Preferred Shares. Following delivery of that notice in accordance with Section 10.2, the procedures for Reinsurance Option Writer to object to that notice and for resolution of that objection shall be consistent with those set forth above in