Conditional Exercise definition

Conditional Exercise has the meaning set forth in Section 4.2(a) hereof.
Sample 1

Examples of Conditional Exercise in a sentence

  • In the event that such tender or exchange offer is not consummated prior to termination of the Option, such Conditional Exercise Notice shall be void and of no further force and effect.

  • If you wish to tender Shares subject to warrants, you must deliver to the Depositary prior to the expiration of the Offer such documents as may be required pursuant to the terms of the warrant to effect the exercise thereof (other than payment of the exercise price of such warrants) together with a Conditional Election Form and any other documents required by the Conditional Election Form and the Instructions for Conditional Exercise for Tender of Option Shares and Warrant Shares.

  • Without limitation, the Cancellation Notice will provide that, unless the Grantee elects in writing to waive, in whole or in part, a Conditional Exercise, that the exercise of the Option will be a Conditional Exercise.

  • You will not receive a Rollover Award.If you have completed the Conditional Exercise Instruction, it would be of no effect.

  • Option shares with exercise prices of less than $3.25 per share that are tendered may only be withdrawn as set forth in the Memorandum to Eligible Option Holders and the Instructions for Conditional Exercise.

  • SEPARATION OF WARRANTS; TERMS OF WARRANTS; EXERCISE OF WARRANTS Section 4.01 Terms of Warrants; Exercise of Warrants 10 Section 4.02 Conditional Exercise 12 ARTICLE 5.

  • Lessee may deliver to Lessor under Section 35.B a notice conditionally exercising the option to extend, subject to Lessor's agreement to either waive the Rent Floor or to reduce the floor below the amount specified under Section 35.B. If Lessee timely delivers such a notice ("Conditional Exercise Notice"), Lessor may notify Lessee within thirty (30) days after receipt thereof that Lessor waives such Rent Floor or agrees to accept a reduced Rent Floor as set forth in the Conditional Exercise Notice.

  • This means that if you still hold vested options at that time, and you complete a Conditional Exercise Instruction, then they would be exercised at the same time as your unvested Options.

  • You may, however, conditionally exercise your vested and outstanding nonqualified stock options as described in the “Instructions for Tender Through Conditional Exercise of Options” (see question 16).

  • If Lessor does not timely respond to Lessee's Conditional Exercise Notice in the manner contemplated above, Lessee's Conditional Exercise Notice shall be ineffective and Lessee's extension option shall lapse.

Related to Conditional Exercise

  • 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.

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

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

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

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Make-Whole Exercise Solely for purposes of this Section 6.2, the “Redemption Fair Market Value” shall mean the volume weighted average price of the Ordinary Shares during the ten (10) trading days immediately following the date on which notice of redemption pursuant to this Section 6.2 is sent to the Registered Holders. In connection with any redemption pursuant to this Section 6.2, the Company shall provide the Registered Holders with the Redemption Fair Market Value no later than one (1) Business Day after the ten (10) trading day period described above ends. 60 months 0.261 0.281 0.297 0.311 0.324 0.337 0.348 0.358 0.361 57 months 0.257 0.277 0.294 0.310 0.324 0.337 0.348 0.358 0.361 54 months 0.252 0.272 0.291 0.307 0.322 0.335 0.347 0.357 0.361 51 months 0.246 0.268 0.287 0.304 0.320 0.333 0.346 0.357 0.361 48 months 0.241 0.263 0.283 0.301 0.317 0.332 0.344 0.356 0.361 45 months 0.235 0.258 0.279 0.298 0.315 0.330 0.343 0.356 0.361 42 months 0.228 0.252 0.274 0.294 0.312 0.328 0.342 0.355 0.361 39 months 0.221 0.246 0.269 0.290 0.309 0.325 0.340 0.354 0.361 36 months 0.213 0.239 0.263 0.285 0.305 0.323 0.339 0.353 0.361 33 months 0.205 0.232 0.257 0.280 0.301 0.320 0.337 0.352 0.361 30 months 0.196 0.224 0.250 0.274 0.297 0.316 0.335 0.351 0.361 27 months 0.185 0.214 0.242 0.268 0.291 0.313 0.332 0.350 0.361 24 months 0.173 0.204 0.233 0.260 0.285 0.308 0.329 0.348 0.361 21 months 0.161 0.193 0.223 0.252 0.279 0.304 0.326 0.347 0.361 18 months 0.146 0.179 0.211 0.242 0.271 0.298 0.322 0.345 0.361 15 months 0.130 0.164 0.197 0.230 0.262 0.291 0.317 0.342 0.361 12 months 0.111 0.146 0.181 0.216 0.250 0.282 0.312 0.339 0.361 9 months 0.090 0.125 0.162 0.199 0.237 0.272 0.305 0.336 0.361 6 months 0.065 0.099 0.137 0.178 0.219 0.259 0.296 0.331 0.361 3 months 0.034 0.065 0.104 0.150 0.197 0.243 0.286 0.326 0.361 0 months — — 0.042 0.115 0.179 0.233 0.281 0.323 0.361 The exact Redemption Fair Market Value and Redemption Date may not be set forth in the table above, in which case, if the Redemption Fair Market Value is between two values in the table or the Redemption Date is between two redemption dates in the table, the number of Ordinary Shares to be issued for each Warrant exercised in a Make-Whole Exercise shall be determined by a straight-line interpolation between the number of shares set forth for the higher and lower Redemption Fair Market Values and the earlier and later redemption dates, as applicable, based on a 365- or 366-day year, as applicable.

  • 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).

  • Exercise Event shall have the meaning ascribed to such term in Section 2(c).

  • Conversion Right has the meaning provided in Section 4.5(a) hereof.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

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

  • Put Right has the meaning set forth in Section 8.05(a).

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

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

  • Automatic Exercise Applicable; and means that for each Expiration Date, a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised at the Expiration Time on such Expiration Date.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

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

  • Option means a stock option granted pursuant to the Plan.

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

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

  • Stock Tender Exercise means a Stock Tender Exercise as defined in Section 6.3(b)(ii).