Publicly Withdrawn definition
Publicly Withdrawn for purposes of this Section 2 shall mean an unconditional bona fide withdrawal of the Proposal coupled with a public announcement of no further interest in pursuing such Proposal or in acquiring any controlling influence over Heritage or in soliciting or inducing any other person (other than BCB or an affiliate of BCB) to do so. Notwithstanding the foregoing, the obligation of Heritage to issue Option Shares upon exercise of the Option shall be deferred (but shall not terminate): (i) until the receipt of all required governmental or regulatory approvals or consents necessary for Heritage to issue the Option Shares or BCB to exercise the Option, or until the expiration or termination of any waiting period required by law, or (ii) so long as any injunction or other order, decree or ruling issued by any federal or state court of competent jurisdiction is in effect which prohibits the sale or delivery of the Option Shares, and, in each case, notwithstanding any provision to the contrary set forth herein, the Option shall not expire or otherwise terminate with respect to the Option Shares subject to any prior exercise. Heritage shall notify BCB promptly in writing of the occurrence of any Triggering Event known to it, it being understood that the giving of such notice by Heritage shall not be a condition to the right of BCB to exercise the Option. Heritage will not take any action which would have the effect of preventing or disabling Heritage from delivering the Option Shares to BCB upon exercise of the Option or otherwise performing its obligations under this Stock Option Agreement, except to the extent required by applicable securities and banking laws and regulations. In the event BCB wishes to exercise the Option, BCB shall send a written notice to Heritage (the date of which is hereinafter referred to as the "Notice Date") specifying the total number of Option Shares it wishes to purchase and a place and date between two and ten business days inclusive from the Notice Date for the closing of such a purchase (a "Closing"); provided, however, that a Closing shall not occur prior to two days after the later of receipt of any necessary regulatory approvals or the expiration of any legally required notice or waiting period, if any.
Publicly Withdrawn means an unconditional bona fide withdrawal of the Proposal coupled with a public announcement of no further interest in pursuing such Proposal or in acquiring any controlling influence over CIB or in soliciting or inducing any other person (other than NPB or an affiliate of NPB) to do so. Notwithstanding the foregoing, the obligation of CIB to issue Option Shares upon exercise of the Option shall be deferred (but shall not terminate):
Publicly Withdrawn for purposes of clause (iii) above shall mean an unconditional bona fide withdrawal of the Proposal or a formal rejection of such Proposal by Standard in writing. Standard shall notify AANA promptly in writing of the occurrence of any of the events set forth in paragraphs (b)(i), (ii), or (iii) above, it being understood that the giving of such notice by Standard shall not be a condition to the right of AANA to transfer or exercise the Option.
More Definitions of Publicly Withdrawn
Publicly Withdrawn for purposes of clauses (c) and (d) above, shall mean an unconditional bona fide withdrawal of the Proposal coupled with a public announcement of no further interest in pursuing such Proposal or in acquiring any controlling influence over SBSO or in soliciting or inducing any other person (other than United or any affiliate) to do so. Notwithstanding the foregoing, the Option may not be exercised at any time (i) in the absence of any required governmental or regulatory approval or consent necessary for SBSO to issue the shares of Common Stock covered by the Option (the "Option Shares") or United to exercise the Option or prior to the expiration or termination of any waiting period required by law, or (ii) so long as any injunction or other order, decree or ruling issued by any federal or state court of competent jurisdiction is in effect which prohibits the sale or delivery of the Option Shares. SBSO shall notify United promptly in writing of the occurrence of any Triggering Event known to it, it being understood that the giving of such notice by SBSO shall not be a condition to the right of United to exercise the Option. SBSO will not take any action which would have the effect of preventing or disabling SBSO from delivering the Option Shares to United upon exercise of the Option or otherwise performing its obligations under this Agreement. In the event United wishes to exercise the Option after a Triggering Event has occurred and prior to the termination of this Agreement, United shall send a written notice to SBSO (the date of which is hereinafter referred to as the "Notice Date"), specifying the total number of Option Shares it wishes to purchase and a place and date (not less than three days after such notice is sent to SBSO) for the closing of such a purchase (a "Closing"); provided, however, that a Closing shall not occur prior to two days after the later of receipt of any necessary regulatory approvals and the expiration of any legally required notice or waiting period, if any.
Publicly Withdrawn for purposes of clause (iii) above shall mean an unconditional bona fide withdrawal of the Proposal or a formal rejection of such Proposal by Company in writing. Company shall notify Purchaser promptly in writing of the occurrence of any of the events set forth in paragraphs (b)(i), (ii), or (iii) above, it being understood that the giving of such notice by Company shall not be a condition to the right of Purchaser to transfer or exercise the Option.
Publicly Withdrawn for purposes of this Section 2(b) shall mean an unconditional and bona fide withdrawal of a proposal to engage in an Acquisition Transaction, coupled with a public announcement of no further interest in pursuing such proposal or in acquiring any controlling interest over Issuer or in soliciting or inducing any other Person (other than the Grantee or any of its affiliates) to do so.