Examples of Rescission Right in a sentence
Following achievement of the applicable Earnout Milestone, the Representative may waive such issuance restrictions at any time with respect to all or any portion of the issuable shares; provided, that, in no event shall any Earnout Stock Consideration be issued prior to the expiration or waiver of the Rescission Right.
If Tenant fails to timely deliver the Initial Rescission Notice to Landlord, Tenant shall be deemed to have waived its Initial Rescission Right.
The AAC has met with the Discovery Committee; and the senate has a representative on the Discovery Committee, which is also a senate committee.
The Initial Rescission Right shall only apply, depending on when the Base Term for the Identified Expansion Building is reasonably estimated by Landlord to commence, if the Initial Base Rent Estimate exceeds the Cap Amount (as adjusted).
If Tenant fails to timely deliver the Final Rescission Notice to Landlord, Tenant shall be deemed to have waived its Final Rescission Right.
If an import license is denied for an item specified in the list prepared pursuant t o paragraph 3 as being entitled to automatic licensing, then such item shall be considered to be subject to non-automatic licensing.
In the event the Company Members elect to exercise the Rescission Right, the Representative must send notice in writing to Parent no later than the earlier to occur of (i) 30 days following the date that is seven (7) months following the Closing and (ii) 30 days prior to the end of the fiscal year in which the Closing occurs (such, earlier date, the “Rescission Expiration Date”) informing Parent of the election to exercise the Rescission Right.
For the avoidance of doubt, (A) the Representative may waive the Rescission Right at any time and (B) the Rescission Right shall expire if not exercised prior to the Rescission Expiration Date.
If Tenant elects to exercise either its Initial Rescission Right or its Final Rescission Right with respect to any Identified Expansion Building, Landlord shall return to Tenant any unused portion, if any, of the Expansion Deposit delivered by Tenant to Landlord with respect to such Identified Expansion Building.
The Representative may waive such issuance restrictions at any time with respect to all or any portion of the issuable shares; provided, that, in no event shall any Base Stock Consideration be issued prior to the expiration or waiver of the Rescission Right.