Examples of Cash Election in a sentence
If the Company fails to provide such written notice prior to such time, it shall not be entitled to make a Cash Election with respect to such Redemption.
Any employee who chooses not to receive health contributions by the District and who submits an affidavit of other coverage and a Cash Election In-Lieu of Medical Benefits form (Appendix J) shall receive a monthly amount equal to the District’s net contribution for the Kaiser single rate effective during the term of this agreement.
PubCo shall be treated for all purposes of this Agreement as the owner of such Units; provided that if PubCo funds the Cash Election Amount other than through the issuance of shares of Class A Common Stock, such Units will be reclassified into another Equity Security of the Company if the Managing Member determines such reclassification is necessary.
For purposes of the foregoing calculations, Excluded Shares shall be deemed Cash Election Shares.
As soon as practicable after the Effective Time, the registered holders of Cash Election Shares shall be paid the cash to which they are entitled hereunder in respect of such Cash Election Shares.