Examples of Exercise Completion Date in a sentence
Following an amendment to the Subscription Agreement on 31 October 2012, the Option Exercise Completion Date is amended to 28 December 2012.
Following receipt of each Exercise Notice, the Program Entity shall transfer, or cause to be transferred, those Additional ERs nominated in the Exercise Notice to the Registry Account(s) of the person(s) named in the Exercise Notice by the Exercise Completion Date in accordance with Section 5.02.
The Option Holder is not legally or beneficially entitled to any rights to any dividend or other income distribution that would attach or arise in relation to the Option Shares until the Option Shares are issued on the Exercise Completion Date.
The Company must take all reasonable steps within its power to ensure that the Option Shares are freely tradeable and transferable on ASX (including, to the extent permitted by law, by issuing a Cleansing Notice (if required), promptly but in no event later than 5 Business Days after the Exercise Completion Date.
Following receipt of each Exercise Notice, the Project Entity shall transfer, or cause to be transferred, those Option ERs nominated in the Exercise Notice to the person named in the Exercise Notice on the Exercise Completion Date in accordance with Section 5.02.
The Company must on the Exercise Completion Date: (i) issue to the Option Holder the Option Shares in respect of the Options exercised by the Option Holder; and (ii) issue, or procure the issue of, a holding statement in respect of the Option Shares issued to the Option Holder.
Following receipt of each Exercise Notice, the Project Entity shall deliver, or cause to be delivered, those Option CERs nominated in the Exercise Notice to the Registry Account(s) of the person(s) named in the Exercise Notice on the Exercise Completion Date in accordance with Section 5.02.
The date for completion of the issue of the Option Shares by the Company to the Option Holder will be determined by the Company in its absolute discretion provided that completion must not occur any later than 5 Business Days after the Exercise Date (Exercise Completion Date).
The Option Shares allotted following exercise of an Option must rank pari passu and form one class with the other ordinary shares of the Company on issue on the Exercise Completion Date.
The Company must take all reasonable steps within its power to ensure that the Option Shares are freely tradeable and transferable on ASX (including, to the extent permitted by law, by issuing a Cleansing Notice (if required), promptly but in no event later than 3 Business Days after the Exercise Completion Date.