Examples of Option Expiry Time in a sentence
Each Option shall expire at the Option Expiry Time on the Option Expiry Date set forth in the Option Certificate and must be exercised, if at all, on or before the Option Expiry Date.
Consequently, the Purchaser may not withdraw ( rétracter) the Put Option for any reason whatsoever before the Put Option Expiry Time, and hereby acknowledges and accepts that any such withdrawal (rétractation), or any other similar action or intervention before such time, shall be null and void and of no effect.
After the Option Expiry Time, the Option is void and of no further value or effect.
The parties acknowledge that the Put Option is irrevocable until the Put Option Expiry Time (as such term is defined below) and further acknowledge that the Put Option is a promesse unilatérale governed by article 1124 of the French Civil Code and does not constitute an offer (offre) governed by articles 1114 et seq.
The Option shall be exercisable at any time and on ---------------------- any one or more occasions (up to an aggregate number of Shares equal to the number of Option Shares) by written notice given by the Placing Agent to the Company no later than the Option Expiry Time.
Subject to regulatory approval, the Over- Allotment Option shall be exercisable at any time from the date hereof until 48 hours prior to the Closing Time (as defined below) (the "Over- Allotment Option Expiry Time").
The Option shall be exercisable at any time and on any one or more occasions (up to an aggregate number of Shares equal to the number of Option Shares) by written notice given by the Placing Agent to the Company no later than the Option Expiry Time.
The option hereby granted will expire thirty (30) calendar days after the Initial Delivery Date (as defined hereafter) (the "Option Expiry Time") and may be exercised in whole or in part from time to time upon written notice by the Underwriters to the Company setting forth the number of Option Senior Notes as to which the Underwriters are then requesting the exercise of the option and a proposed time and date of payment and delivery for such Option Senior Notes.
The Put Option can only be exercised by delivery of an Execution Notice by the Beneficiaries’ Agent once the Information and Consultation Process has been completed and the Xxx Xxxxx Waivers have been obtained (or no longer required in accordance with applicable laws) and prior to the Put Option Expiry Time.
This Put Option Agreement shall automatically terminate on the Put Option Expiry Time if, prior to the Put Option Expiry Time, the Beneficiaries’ Agent does not exercise the Put Option in accordance with the terms hereof.