Unexercised Portion definition

Unexercised Portion means, at any time, the maximum aggregate liquidation preference of the Series B Preferred Shares that XLFA may require the Asset Trust to purchase at that time pursuant to this Agreement, which maximum liquidation preference shall equal $200,000,000 as of the date of this Agreement, and thereafter shall equal (i) the then aggregate Face Amount of all Asset Trust Securities less (ii) the aggregate liquidation preference of the Series B Preferred Shares outstanding at such time and held by the Asset Trust.
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Unexercised Portion means, at any time, the maximum aggregate amount of ICONs that The Hartford may require the ABC Trust to purchase at that time pursuant to this Agreement, which maximum aggregate amount shall equal $500,001,000 as of the date of this Agreement, and thereafter shall equal at any time (i) the aggregate Face Amount of the ABC Trust Securities at that time less (ii) the aggregate amount of ICONs held by the ABC Trust at such time.
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Unexercised Portion means, at any time, $500,000,000, minus the aggregate Designated Amount of Notes subject to all Put Notices that have been delivered at or prior to such time and not repurchased by Voya pursuant to Section 2.2.
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Examples of Unexercised Portion in a sentence

  • If, at the end of such three Business Day period, there remains a Change Unexercised Portion, then the Change Purchasing Members shall have an additional three Business Day period in which to negotiate among themselves for a mutually-agreeable method of sharing the acquisition of the remaining Change Unexercised Portion.

  • If Participant's employment with the Company or a Subsidiary terminates after the date on which the Change in Control occurs other than as a result of a termination by the Company or a Subsidiary for Cause, then Participant (or, if applicable, Participant's estate or the person(s) to whom Participant's rights under this Agreement pass by will or the laws of descent and distribution) will have the right to exercise the Unexercised Portion.

  • If the Change Purchasing Members are able to reach such agreement during such three Business Day period or if there is no longer a Change Unexercised Portion, then the Buy-out Right shall be deemed exercised by the Change Purchasing Members, and the Changing Member and the Change Purchasing Members shall close the acquisition of the Membership Interest in accordance with Section 9.04(b)(iii).

  • The parties agree that any Election to Purchase delivered following a Call Notice which calls less than all the Warrants shall first reduce to zero the Called Portion prior to reducing the then remaining Unexercised Portion.

  • Any Unexercised Portion other than a Called Portion will be unaffected by such Call Notice.

  • To exercise this right, the Company must deliver to the Holder an irrevocable written notice (a “Call Notice”), indicating therein the number of Warrant Shares in the Unexercised Portion to which such notice applies (the “Called Portion”).

  • Please make a book entry and, if the shares are certificated, issue a certificate or certificates representing the shares in the name of: ☐ The undersigned ☐ Other—Name: Address: (5) Unexercised Portion of the Warrant.

  • If a Change in Control of the Company occurs while Participant is employed by the Company or a Subsidiary, then the entire Number of Shares represented by the Option not yet been exercised will become immediately vested and exercisable (the "Unexercised Portion").

  • If a Change in Control of the Company occurs while Participant is employed by the Company or a Subsidiary, then the entire Number of Shares represented by the Option which had not yet been exercised will become immediately vested and exercisable (the "Unexercised Portion").

  • The Holder agrees to execute and deliver all documents reasonably requested by the Company in order to effect and evidence such repurchase and to deliver any original Warrant covering such Unexercised Portion of the Warrant Shares to the Corporation.

Related to Unexercised Portion

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to Exercise the Option.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.