Examples of First Purchase Period in a sentence
The First Purchase Period shall end on the same date as the end of the First Offering Period which shall be the last day of the Company's fiscal quarter during which the First Offering Date occurred.
Notwithstanding the foregoing, the First Offering Period (and First Purchase Period) shall commence on the first business day on which price quotations for the Company's Common Stock are available on the New York Stock Exchange.
Notwithstanding the foregoing, unless the Committee determines otherwise, the First Offering Period and First Purchase Period shall each commence on January 4, 2021 and the First Offering Period and First Purchase Period shall each end on March 31, 2021.
In the event of a Termination for any reason, the Company shall have the right to purchase all of the Covered Options, and shall have 60 days from the date of the Grantee's Termination (the "First Purchase Period"), during which to deliver an Exercise Notice to the Grantee (or if the Termination resulted from the Grantee's death, his estate) of its election to exercise such right to purchase all or any of such Covered Options.
The maximum number of Shares which any Participant is permitted to purchase during a First Purchase Period is determined by the following formula: A/B = XAs an example of the foregoing, if the Closing Price on the first day of a First Purchase Period is $50.00 (B), X would equal 500 ($25,000/$50 = 500).
The Other Shareholders shall have priority over the Company in purchasing the Transfer Shares and may elect to purchase all or any portion of the Transfer Shares upon the same terms and conditions as those set forth in the Sale Notice by delivering a written notice of such election ("Purchase Notice") to the Selling Shareholder within fifteen (15) days after the Sale Notice has been given to the Other Shareholders and the Company (the "First Purchase Period").
During the First Purchase Period, if SBC elects to receive a credit pursuant to this Section 3.1.F.1 for such a termination or cessation of an Included Service, such termination or cessation shall not constitute a default pursuant to Section 13.1.
The Parties agree that the aggregate amount of Included Services purchased by SBC and its Affiliates during the period from January 1, 2005 through and including April 30, 2005 is $98,819,657, and that $91,572,946 of such amount has been paid to WilTel on or prior to the Effective Date and the Purchase Commitment for the First Purchase Period is hereby reduced by such $91,572,946 previously paid to WilTel.
During the First Purchase Period, WilTel, if requested by SBC, will provide SBC any and all New Off-Net Services as may be requested by SBC as governed by this Agreement.
Except as provided above, and except pursuant to Section 2.1.A.5, WilTel shall have no obligation to provide any New Off-Net Services to SBC after the end of the First Purchase Period; however, if WilTel chooses to provide any such New Off-Net Services to SBC, such New Off-Net Services shall be governed by this Agreement.