Examples of Holder Election Notice in a sentence
The Selling Holder Election Notice shall specify the number of Registrable Securities that the Selling Holder intends to offer in such Underwritten Offering and the expected commencement date thereof.
The Holder Election Notice shall specify as to each series of High Vote Stock included in the Subject Shares, the portion of the Series Purchase Price to be paid in Low Vote Stock of the corresponding series (such portion, as to each series of High Vote Stock, being the "Series Stock Value" and as to all series for which payment in Low Vote Stock has been elected being, in the aggregate, the "Gross Stock Value").
The Selling Holder Election Notice shall specify the number of Registrable Securities that the Initiating Selling Holder intends to offer in such Underwritten Offering and the expected commencement date thereof.
From and after the delivery of a Holder Election Notice by the Holder or, subject to the second proviso of the first sentence of this Section 4(a), from and after the delivery of a Company Election Notice by the Company indicating the Company’s intention to exercise its cancellation rights, and throughout and including the consummation of such Change of Control, the Holder shall not be permitted to exercise this Warrant in connection with such Change of Control.
The Holder Election Notice shall specify the portion of the Purchase Price to be paid in Low Vote Stock (such portion being the “Stock Value”).
The Company shall specify in a notice promptly following the receipt by the Company of a Holder Election Notice, the date for prepayment, which shall be a date not less than 10 days nor more than 60 days after the delivery or receipt of the Holder Election Notice, but in any case no later than the date on which the Company Change of Control occurs.
As of the date of this Holder Election Notice, the undersigned Holder holds _________ shares of the Common Stock of the Company.
In the event the Holder fails to timely deliver a Holder Election Notice, the Company, at its option, shall redeem the Note solely for cash in accordance with sub-clause (i) of this Section 4(c).
For all purposes, interest on the principal amount of the Series 1 Notes shall be deemed to have ceased accruing as of the date of the Requisite Holder Election Notice.