Exchange Election definition

Exchange Election shall have the meaning specified in Section 14.12(a).

Exchange Election has the meaning set forth in Section 3.2(c)(i).

Exchange Election shall have the meaning specified in Section 9.12.

Examples of Exchange Election in a sentence

• If the designated institution agrees to accept any Notes for exchange but does not timely pay and/or deliver the related Conversion Consideration, or if such designated institution does not accept the Notes for exchange, the Company shall pay and/or deliver the relevant Conversion Consideration as if the Company had not made an Exchange Election.

• The Company, the Holder surrendering the Notes for conversion, the Designated Financial Institution(s) and the Conversion Agent shall cooperate to cause such Notes to be delivered to the Designated Financial Institution(s) and the Conversion Agent shall be entitled to conclusively rely upon the Company’s instruction in connection with effecting any Exchange Election and shall have no liability for such Exchange Election outside its control.

• If the Company makes an Exchange Election, no later than the second Business Day immediately following the relevant Conversion Date, the Company shall deliver (or cause the Conversion Agent to deliver) the Notes surrendered for exchange to the Designated Financial Institution(s) in lieu of conversion.

More Definitions of Exchange Election

Exchange Election means an election by a Participant to change the investment of all or some specified portion of such Participant’s Accounts, as described in Section 6.2. Rules applicable to Exchange Elections may be established by the Plan Administrator. Such rules may, among other things, limit the Investment Options that may be elected by the Participant and establish the time and manner in which such an election may be made.

Exchange Election has the meaning specified in Section 4.11 hereof.

Exchange Election means the proper election by the Corporation of any contractual right it may have to cause the holders of the outstanding shares of Series B Preferred exchange all of their respective shares of Series A Preferred into other shares of capital stock of the Corporation.

Exchange Election shall have the meaning specified in Section 4.11.

Exchange Election has such meaning as set forth in Section 2.11(b).

Exchange Election means an election by a Participant to change the investment of all or some specified portion of such Participant’s Accounts, as described in Section 6.2.

Exchange Election has the meaning specified in Section 4.07(a).