SGI Entities definition
Examples of SGI Entities in a sentence
The Option may be exercised by Silicon Graphics (or any SGI Entity to which all or any part of the Option has been assigned) for a number of shares equal to or less than the number of shares that are necessary for the SGI Entities to maintain, in the aggregate, the Minimum Ownership Percentage.
If SGI incurs third-party costs or expenses on behalf of the Company as well as any SGI Entity, SGI will allocate any such costs or expenses in good faith between the Company and the various SGI Entities on behalf of which such costs or expenses were incurred as SGI shall determine in the exercise of its reasonable judgment.
The Option may be --------------------------- exercised by SGI (or any SGI Entity to which all or any part of the Option has been assigned) for a number of shares equal to or less than the number of shares that are necessary for the SGI Entities to maintain, in the aggregate, the Minimum Ownership Percentage.
Each Option may be exercised at any time by the delivery to the Company of a written notice (the "Exercise Notice") to such effect specifying (i) the number of shares of Capital Stock to be purchased by Silicon Graphics, or any of the SGI Entities and (ii) a calculation of the exercise price for such shares.
If Silicon Graphics incurs third-party costs or expenses on behalf of the Company as well as any SGI Entity, Silicon Graphics will allocate any such costs or expenses in good faith between the Company and the various SGI Entities on behalf of which such costs or expenses were incurred as Silicon Graphics shall determine in the exercise of its reasonable judgment.
Each Option may be exercised at any time by the delivery to MIPS of a written notice (the "Exercise Notice") to such effect specifying (i) the number of shares of Capital Stock to be purchased by SGI, or any of the SGI Entities and (ii) a calculation of the exercise price for such shares.