Examples of Advance Options in a sentence
The payment of the Option Consideration referred to in the immediately preceding sentence to holders of Advance Options shall be subject to the execution by any such holder of such instruments of cancellation as Advance and Parkvale may reasonably deem appropriate.
The Advance Options will be ASX listed, will be exerciseable at 12 cents each and will expire on 31 December 2007.
You agree not to request any Advance Options in which the final payments (including End of Term Payments) would be due and owing prior to the permitted date as further set forth in the Working CapitalSenior Intercreditor Agreement in effect at the time of such Advance Request and if You do request such Advance Option, We shall not be obligated to fund such Advance.
The maximum possible Advance Shares and Advance Options Mr Di-Giacomo can obtain in the Company pursuant to the Underwriting Agreement is 833,333 Advance Shares and 833,333 Advance Options taking his interest to 5,396,661 Advance Shares and 5,429,774 Advance Options.
Each notice of continuation or conversion of an Advance shall specify (i) the effective date of the continuation or conversion (which shall be a Business Day), (ii) the amount(s) and the type(s) of Advance(s) following such continuation or conversion (subject to the limitations on amounts set forth under the section entitled "Advance Options" above, and (iii) for continuation as, or conversion into, Eurodollar Rate Advances, the Interest Periods for such Advances.
The following table sets out details of the proposed capital structure of the Company upon the issue of the Advance Shares and Advance Options pursuant to this Offer and Advance Options pursuant to the Options Offer, assuming full subscription.
The directors do not consider that it is appropriate to give potential applicants advice regarding the taxation consequences of applying for Advance Shares and Advance Options under this Prospectus as it is not possible to provide a comprehensive summary of the possible taxation positions of potential applicants.
Application for quotation by ASX of the Advance Shares and Advance Options offered by this Prospectus was made on 20 December 2004.
In the event of any reconstruction (including a consolidation, subdivision, reduction or return) of the issued capital of the Company prior to the expiry of any Advance Options, the number of Advance Options to which each optionholder is entitled or the exercise price of its Advance Options or both will be reconstructed in a manner which complies with the provisions of ASX listing rules.
Based on the capital structure of the Company at the date of the Prospectus 60,031,826 Advance Shares and 60,031,826 Advance Options will be offered pursuant to the Offer.