Examples of Exchange Termination Date in a sentence
If the Stockholder Approval and the HSR Approval have not been obtained by the Exchange Termination Date, then the Company shall not have the option to exchange all or any portion of the then outstanding Exchangeable Preferred Stock for shares of Common Stock and such Exchangeable Preferred Stock shall remain outstanding pursuant to its terms.
If the Stockholder Approval has not been obtained by the Exchange Termination Date, then the Exchangeable Preferred Stock shall not be exchangeable for shares of Common Stock and such Exchangeable Preferred Stock shall remain outstanding pursuant to its terms.
With respect to the Second Closing, the conditions set forth in Sections 6.3, 6.4(b), 6.5, 6.6, 6.7, 6.8, 6.9, 6.10, 6.11, 6.12 and 6.13 shall have been satisfied by the Exchange Termination Date.
If the Stockholder Approval has not been obtained by the Exchange Termination Date, then the Company shall not have the option to exchange all or any portion of the then outstanding Exchangeable Preferred Stock for shares of Common Stock and such Exchangeable Preferred Stock shall remain outstanding pursuant to its terms.
Notwithstanding the foregoing, the holders shall have no obligation to exchange the Exchangeable Preferred Stock for Common Stock if on or prior to the fifteen-month anniversary of the Initial Issuance Date (as defined in Section 11 below) (the "Exchange Termination Date"), the Stockholder Approval and the HSR Approval have not been obtained.
With respect to the Second Closing, the conditions set forth in Sections 6.3, 6.4(b), 6.5, 6.6, 6.7, 6.8, 6.9, 6.10, 6.11 and 6.12 shall have been satisfied by the Exchange Termination Date.
The Exchange Option shall terminate and ------------------------- have no further force or effect on the date which is seven (7) years from the date of this Agreement (the "Exchange Termination Date"), provided that the obligations of Boomtown and the Xxxxxxxx Parties under the Exchange Option shall apply to any Exchange Notice delivered prior to the Exchange Termination Date.
The rights of the holders to exercise the Exchange Right shall terminate and be of nor further force and effect on the date that is six (6) years after the date of the first issuance of any shares of the Series A Preferred Stock hereunder (the "Series A Exchange Termination Date").
During the period from date of this agreement to the earlier date of: (i) Exchange Date; or (ii) Exchange Termination Date, the Per Sen Lang Share Price shall be adjusted to reflect any stock split, reclassification, combination or other similar change to the Sen Lang capital stock.
Provided that (i) the Exchange Termination Date (as defined in Section 6(b)) shall not have occurred and (ii) Elan International Services, Ltd.