Examples of Election Notice Period in a sentence
Buyers shall make such election by notifying Seller within ten (10) days after expiration of Seller’s cure period or within ten (10) days after expiration of Seller’s Election Notice Period, as the case may be.
During the Election Notice Period (as defined below) for each Election Date (as defined below), the registered holder of this Note may elect to extend the Maturity Date of all or any portion of the principal amount of this Note.
To exercise the Undersubscription Option, an Exercising Investor must deliver an Undersubscription Notice to the selling Key Holder and the Company within ten (10) days after the expiration of the Election Notice Period.
If the Indemnitor does not deliver an Election Notice relating to any third party claim within the required Election Notice Period, the Indemnitee shall have the right to defend the third party claim in such manner as it may deem appropriate, at the sole cost and expense of the Indemnitor.
Upon delivery to the Paying Agent of a notice of election to extend the maturity of the X-Notes or any portion thereof during any Election Notice Period, that election will be irrevocable.
Note that the translation of material into text presents its own problems.
Upon delivery to the [Trustee] [Paying Agent] of a notice of election to extend the Maturity Date of this Note or any portion thereof during any Election Notice Period, that election will be revocable during each day of that Election Notice Period, until [12:00 noon, New York City time,] on the last business day in the applicable Election Notice Period, at which time the notice will become irrevocable.
If the Indemnitor does not deliver an Election Notice relating to any Third-Party Claim within the required Election Notice Period, the Indemnitee shall have the right to defend the Third-Party Claim in such manner as it may deem appropriate, at the sole cost and expense of the Indemnitor.
If options to purchase have been exercised by the Investors with respect to some but not all of the Transfer Stock by the end of the 15-day period specified in the first sentence of Section 2.1(b)) (the "Election Notice Period"), then the Company shall, immediately after the expiration of the Election Notice Period, send written notice (the "Undersubscription Notice") to those Exercising Investors who exercised their Right of First Refusal within the Election Notice Period.
However, if that Election Date is not a Business Day, the Election Notice Period will be extended to [12:00 noon, New York City time,] on the next following day that is a Business Day.