Cashless Exercise Notice definition

Cashless Exercise Notice has the meaning set forth in Section 2(c)(ii).
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Cashless Exercise Notice means the notice respecting the exercise of an Option on a cashless basis, in the form, set out as Schedule “A” hereto, duly executed by the Participant.
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Cashless Exercise Notice means the notice respecting the exercise of an Option on a cashless basis, in the form, set out as 0 hereto, dulyexecuted by the Option Holder.
Sample 1

Examples of Cashless Exercise Notice in a sentence

  • If the Holder does not deliver the Exercise Notice within the required 5-day period or delivers the Exercise Notice without the appropriate payment in cash for the exercise of the Warrant, or portion thereof, as appropriate, upon consummation of the transaction which is the subject of the Drag-Along Notice the Holder will have been deemed to have delivered a Cashless Exercise Notice to the Company in accordance with Section 2(c) above.

  • The Nature Conservancy has also worked with like-minded partner organizations to preserve more than 60 million acres in Latin America, the Caribbean, the Pacific, and Asia.

  • The presentation and surrender of the Cashless Exercise Notice shall be deemed a waiver of Holder’s obligation to pay all or any portion of the aggregate purchase price payable for the Shares as to which such Cashless Exercise Right is being exercised.

  • Following the receipt of notice of a Sale Event but prior to the expiration of this Warrant, the Warrant Holder may elect to exercise all or any part of this Warrant by delivering a Cashless Exercise Notice, in which case the exercise of this Warrant shall become effective immediately before the closing of the Sale Event and the fair market value of the Common Stock will be deemed to be the value per share of Common Stock received by the holders of the Company’s Common Stock pursuant to the Sale Event.

  • If the Holder delivers the Participation Notice but fails to deliver the appropriate payment in cash for the exercise of the Warrant, or portion thereof, as appropriate, at the time of consummation of such transaction, then the Holder will have been deemed to have delivered a Cashless Exercise Notice to the Company in accordance with Section 2(c) above.

  • Within ten business days following its receipt of a Cashless Exercise Notice, the Company may elect to require the Optionee to pay the purchase price of the Units subject to this Option in the form of a full recourse promissory note bearing interest at the applicable federal rate, which note will be secured by a pledge of the Units to be issued pursuant to this Option and all other equity securities of the Company held by the Optionee.

  • The “Average Share Price” shall be the average of the closing price of a share of Class A Stock for the fifteen (15) consecutive trading days ending on the date the Cashless Exercise Notice is provided.

  • The presentation and surrender of the Cashless Exercise Notice shall be deemed a waiver of the Holder’s obligation to pay all or any portion of the aggregate purchase price payable for the Shares as to which such Cashless Exercise Right is being exercised.

  • Supportive measures are available with or without the filing of a Formal Complaint.

  • Upon delivery to the Company of a Cashless Exercise Notice, together with surrender of the applicable Warrant, the Holder shall receive from the Company Warrant Shares equal to A x (Fair Market Value - Warrant Exercise Price)/Fair Market Value where A = the number of Warrant Shares as to which such Warrant is being exercised pursuant to a cashless exercise.


More Definitions of Cashless Exercise Notice

Cashless Exercise Notice shall have the meaning set forth in Section 8(b).
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Related to Cashless Exercise Notice

  • Cashless Exercise means a Cashless Exercise as defined in Section 6.3(b)(i).

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Cashless Exercise Ratio means a fraction, the numerator of which is the excess of the Current Market Value per share of Common Stock on the Exercise Date over the Exercise Price per share as of the Exercise Date and the denominator of which is the Current Market Value per share of the Common Stock on the Exercise Date.

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • Notice of Exercise means a notice in writing addressed to the Company at its address first recited, which notice shall specify therein the number of Optioned Shares in respect of which the Option is being exercised;

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Cash Exercise with respect to Warrant Shares; and/or

  • Warrant Exercise Price means $0.05 per share.

  • Initial Warrant Exercise Date means __________, 1997.

  • Exercise Form means an Exercise Form in the form annexed hereto as Exhibit A.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Broker Exercise Notice means a written notice pursuant to which a Participant, upon exercise of an Option, irrevocably instructs a broker or dealer to sell a sufficient number of shares or loan a sufficient amount of money to pay all or a portion of the exercise price of the Option and/or any related withholding tax obligations and remit such sums to the Company and directs the Company to deliver stock certificates to be issued upon such exercise directly to such broker or dealer.

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Minimum Exercise Amount means the Minimum Exercise Amount as specified in § 1 of the Product and Underlying Data.

  • Subscription Notice has the meaning set forth in Section 1.1.

  • Put Notice has the meaning provided in Section 3.4.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Purchase Option Notice As defined in Section 3.18(e).

  • Issuance Notice means a written notice delivered to the Agent by the Company in accordance with this Agreement in the form attached hereto as Exhibit A that is executed by its Chief Executive Officer, President or Chief Financial Officer.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.