Examples of Dilution Option in a sentence
Within five (5) business days of DynaUSA receiving written notice of such delivery, DynaUSA shall cause to be issued and delivered to Goldgroup one (1) or more certificates representing the number of shares of Common Stock to be issued to Goldgroup as a result of the exercise of such Dilution Option.
The Parties acknowledge and agree that once Goldgroup has converted its ownership in DynaMexico to ownership in DynaUSA and is issued the corresponding number of shares of DynaUSA's Common Stock, Goldgroup will have the option (the "Dilution Option") to maintain Goldgroup's then existing ownership percentage of DynaUSA, in the event of the dilution of Goldgroup's ownership interest in DynaUSA.
The certificates for the BMS Dilution Option Shares shall be registered in the name of the Equity Holding Entity.
In addition, each party shall promptly provide the other with such additional information as such party may reasonably request in order to enable the parties to determine the number of shares of Common Stock subject to each BMS Dilution Option.
Delivery of such certificates and payment of the purchase price therefor shall be at such place and on such date as the parties shall mutually agree, but in no event later than ten Business Days after receipt by the Company of the BMS Dilution Option Exercise Notice (or such later date on which any required filings, consents or approvals have been made or received, as the case may be).
Derivative instruments are generally transacted over the counter.
No Partner shall, directly or indirectly, sell, assign, pledge, hypothecate, transfer by gift, exchange or otherwise dispose of or encumber its Interests by operation of law or otherwise (all of the foregoing being referred to hereinafter as a “Transfer”, but excluding from the definition of Transfer any IIT REIT Listing Transaction), except in accordance with this Section 8.1 and pursuant to the Dilution Option set out in Section 2.2(d).
Xxxxxxxxx makes its share of such additional capital call, but the Sponsor does not, and Xxxxxxxxx also funds the $25,000 contribution on behalf of the Sponsor and elects to treat such $25,000 as a Substitute Contribution and elects the Dilution Option.