Examples of Conditional Exercise Notice 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.
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.
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.
If Lessor timely gives the notice described in the preceding sentence, Lessee's Conditional Exercise Notice shall become an unconditional exercise of the option to extend, and the extended term rent shall be established as provided in Section 35.B, except that there shall be no Rent Floor or the Rent Floor shall reduced as provided in the Conditional Exercise Notice.
Unless the Conditional Exercise Notice is withdrawn by KLA, the Closing of a purchase of Option Shares specified in a Conditional Exercise Notice shall take place immediately prior to the consummation of such tender or exchange offer.
Unless the Conditional Exercise Notice is withdrawn by Tencor, the Closing of a purchase of Option Shares specified in a Conditional Exercise Notice shall take place immediately prior to the consummation of such tender or exchange offer.
If Lessor timely gives the notice described in the preceding sentence, Lessee's Conditional Exercise Notice shall become an unconditional exercise of the option to extend, as the extended term rent shall be established as provided in Section 35.B, except that there shall be no Rent Floor or the Rent Floor shall reduced as provided in the Conditional Exercise Notice.
This Warrant may, and shall on the Conditional ---------------- Closing Date provided, the Conditional Exercise Notice is given and the Closing Conditions are satisfied as required above, be exercised in part by surrender of this Conditional Warrant in the manner provided in Subsection 3.1, except that the exercise price shall be equal to the aggregate principal amount of the Company's Debentures as shall be designated by the Company in the Conditional Exercise Notice.
Kettle, Chief Executive Officer We hereby consent to this consent to this Conditional Exercise Notice and deem it effective.
The holder of this Conditional Warrant may, and shall on the Conditional Closing Date, provided the Conditional Exercise Notice is given and the Closing Conditions are satisfied as required below, exercise this Conditional Warrant in full by surrendering this Conditional Warrant, with the form of Election to Purchase at the end hereof duly executed by such holder, to the Company in the manner set forth in Section 11 of the Securities Purchase Agreement.