Examples of Class A Option in a sentence
Now that the biophysical and political (GVRD) context of stormwater management has been laid, the University of British Columbia can be situated and analyzed.
Accordingly, and notwithstanding the foregoing, if required, the exercise price of a Sulliden Class A Option or a SpinCo Option, as the case may be, will be increased such that the aggregate of the In-The-Money Amount of the Sulliden Class A Option and the In-The-MoneyAmount of the SpinCo Option immediately after the exchange does not exceed the In-The-Money Amount of the Sulliden Option immediately before the exchange.
In the event that HSR approval is not obtained or PM is not satisfied (as described above) with the results of its due diligence, the Class A Option and the Class B Option shall remain in effect, and PM will be entitled to assign its rights under both options in accordance with paragraph 15.
PM will not have to exercise the Class A Option if, as a result of matters learned through such due diligence, PM reasonably determines that (i) there exists substantial doubt as to the validity or enforceability of the Marks, or (ii) there exists substantial and previously unknown to PM (x) litigation liability affecting or relating to the Marks material in relation to the transaction, or (y) regulatory risk, affecting or relating to the Marks.
The term to expiry, conditions to and manner of exercising, and all other terms and conditions of a Sulliden Class A Option or a SpinCo Option, will be the same as the Sulliden Option for which it is exchanged and any document evidencing a Sulliden Option shall thereafter evidence and be deemed to evidence such Sulliden Class A Option or SpinCo Option, as the case may be.
Promptly after execution of this Agreement, each party shall promptly prepare and file all filings required to be made by it in connection with the exercise of the Class A Option and enter into the License Agreement under the HSR Act, as well as any other filings required to be made with any other governmental entity in connectiOn with this Agreement, the entry into or exercise of either option or the entry into the License Agreement (collectively, "Governmental Filings").
On or before the close of business on such 30th day, PM shall either (i) notify the Liggett Parties that its due diligence has not been completed satisfactorily or (ii) exercise the Class A Option.
Care recipients may be referred to the dietician and/or speech pathologist who visit regularly.
No Assignment of Shares in violation of this Agreement or the Class A Option or Class B Option shall be valid or effective, and neither the Company nor the Members shall recognize the same for the purpose of making allocations or Distributions.
PM shall exercise, or be obligated to exercise the Class A Option, as provided in the Class A Option Agreement.