Successive Events Sample Clauses

Successive Events. The Exercise Price and the number of Option Shares subject to the Call Options shall be readjusted in the same manner described above upon the happening of any successive events or events described in this subclause 3. In the case of any adjustment or readjustment of the Exercise Price or the number of Option Shares subject to the Call Options, the Purchaser shall, at its expense, promptly compute such adjustment or readjustment in accordance with subclause 3.3 and deliver a written notice to each Seller showing in detail the facts upon which such adjustment or readjustment is based, and the Exercise Price and the number of Option Shares issuable upon exercise of such Seller’s Call Option after such adjustment or readjustment. In cases where the relevant adjustment formula is dependent upon the Bid Price (which may not be known at the time the adjustment or readjustment is required to be determined), the written notice to be delivered by the Purchaser shall include tables which show the computed adjustment or readjustment for an appropriate range of possible Bid Prices. SCHEDULE 9 FORM OF CALL OPTION EXERCISE NOTICE To: [The Purchaser] Dear Sirs, We refer to the Share Sale and Purchase Agreement dated 22 February, 2005 (the “Agreement”) and made between, inter alia, yourself and the undersigned and to the Call Option granted by you to the undersigned under the Agreement and to the terms defined in the Agreement. We hereby give you notice under and pursuant to Clause 5 of the Agreement that we, subject to the Bid being declared unconditional, exercise the Call Option granted by you to us in respect of all the Option Shares set out against our name in Column D of Schedule 1 “The Shareholdings” to the Agreement by exercise in accordance with the terms of Clause 2 of Schedule 8 “Call Option Terms and Conditions” to the Agreement. If the undersigned receives Option Shares rather than a cash payment, the undersigned hereby confirms to the extent necessary, the power of attorney that it gave to you under the Agreement to tender the Option Shares under the Bid on its behalf. Yours faithfully, [For and on behalf of] [the relevant Seller] SCHEDULE 10 FORM OF CONDITIONAL RESIGNATION Xxxxxxxx X.X. Xxxxxxxxxxxxx 00 Xxxxxxxxx Xxxx-Xxxx Xxx Xxxxxxxxxxx Dear Sirs: I refer to the Share Sale and Purchase Agreement between the Apollo Holders, the Xxxx Holders, Xxxxx Xxxxxxx Capital AS, MidOcean Capital Investors, LP and Xxxxxxxx N.V. dated 22 February 2005 (the “Agreement”)....
AutoNDA by SimpleDocs
Successive Events. Roche shall make each of such payments only once for the first occurrence of the requisite event for such Product or Clinical Candidate, regardless of how many times the event may be subsequently achieved with such Product or Clinical Candidate.
Successive Events. The provisions of this Section 3.7 shall apply successively to each Change of Control or Sale of the Company which may occur.

Related to Successive Events

  • Successive Actions A separate right of action hereunder shall arise each time Lender acquires knowledge of any matter indemnified or guaranteed by Indemnitor under this Agreement. Separate and successive actions may be brought hereunder to enforce any of the provisions hereof at any time and from time to time. No action hereunder shall preclude any subsequent action, and Indemnitor hereby waives and covenants not to assert any defense in the nature of splitting of causes of action or merger of judgments.

  • Successive Adjustments After an adjustment to the Conversion Rate under this Article 11, any subsequent event requiring an adjustment under this Article 11 shall cause an adjustment to the Conversion Rate as so adjusted.

  • Other Dilutive Events In case any event shall occur as to which the provisions of Section 3 or Section 4 hereof are not strictly applicable or if strictly applicable would not fairly protect the purchase rights of the Holder in accordance with the essential intent and principles of such Sections, then, in each such case, the Board of Directors of the Company shall make an adjustment in the application of such provisions, in accordance with such essential intent and principles, so as to preserve, without dilution, the purchase rights represented by this Warrant.

  • Singular, Plural, Gender References to one gender include all genders and references to the singular include the plural and vice versa.

  • Variations of Pronouns All pronouns and all variations thereof shall be deemed to refer to the masculine, feminine, or neuter, singular or plural, as the context in which they are used may require.

  • Genders The masculine, feminine and neuter genders used herein shall include the masculine, feminine and neuter genders.

  • Number and Gender/Successors and Assigns All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular or plural as the identity of the Person referred to may require. Without limiting the effect of specific references in any provision of this Agreement, the term “Indemnitor” shall be deemed to refer to each and every Person comprising an Indemnitor from time to time, as the sense of a particular provision may require, and to include the heirs, executors, administrators, legal representatives, successors and assigns of Indemnitor, all of whom shall be bound by the provisions of this Agreement, provided that no obligation of Indemnitor may be assigned except with the written consent of Indemnitee. Each reference herein to Indemnitee shall be deemed to include its successors and assigns. This Agreement shall inure to the benefit of Indemnified Parties and their respective successors and assigns forever.

  • Nouns and Pronouns Whenever the context may require, any pronouns used herein shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns and pronouns shall include the plural and vice-versa.

  • Variations in Pronouns All pronouns and any variations thereof refer to the masculine, feminine or neuter, singular or plural, as the context may require.

  • Severability; Titles and Subtitles; Gender; Singular and Plural; Counterparts; Facsimile (a) In case any provision of this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby.

Time is Money Join Law Insider Premium to draft better contracts faster.