Election Time definition
Examples of Election Time in a sentence
The Indemnified Party may assume responsibility for such defense if the Litigation Conditions are not satisfied, by written notice to the Indemnifying Party within the Election Time Period.
You may sign and return this Letter Agreement to the Company at any time on or before the Election Time, but the Company must actually be in receipt of it by the Election Time in order for this Letter Agreement to become effective.
If you have not delivered an executed copy of this Letter Agreement by the Election Time, then you will not be eligible to receive the termination benefits set forth in paragraph 2 above (other than any termination benefits described in Paragraph 3(b)(i)(A) of the Employment Agreement), this Letter Agreement will be null and void, and the termination of your employment with the Company will still be effective.
Once a Form of Election is effectively revoked by a NU Shareholder, such NU Shareholder may make an effective election to receive the Stock Consideration or the Cash Consideration only if such NU Shareholder delivers a new Form of Election to the Exchange and Paying Agent at its designated office, by the Election Time, together with all other documents required by, and in compliance with the procedures set forth in or contemplated by, Section 2.02(b).
A revoked election cannot be reinstated without valid resubmission, by the Election Time of a valid Election Form, and a revocation will not constitute an election for any other consideration.
CEI and NU agree to coordinate the Closing Date with the mailing of the Form of Election and the Election Time (each as defined in Section 2.02(b)).
The Late Election Time must be a time at least one (1) hour after the execution of the writing in which Mercury and ▇▇▇▇▇ agree to accept such late Election Forms and will be no later than the Second Merger Effective Time.
If Indemnitor does not deliver a Defense Election Notice to Indemnitee during the applicable Election Time Period, Indemnitee will have the right to assume responsibility for and control such defense and, without limiting Indemnitor’s obligations under Section 7.1 or 7.2, Indemnitor will reimburse Indemnitee for all costs and expenses and other Damages, including reasonable attorneys’ fees, incurred by Indemnitee in undertaking such defense.
Mercury and ▇▇▇▇▇ shall have no obligation to publicly announce or otherwise give notice to holders of ▇▇▇▇▇ Common Shares that a Late Election Time has been fixed or that late Election Forms will be accepted.
After the Election Time, a valid Election made by a Relevant Shareholder will be irrevocable unless Bidder and QMS agree, in their absolute discretion, to the revocation of the Election.