Withdrawal Election definition
Examples of Withdrawal Election in a sentence
If, as a result of the cutback provisions of the preceding sentence, the Holders are not entitled to include all of the Holder Shares in such registration, such Holders may elect to withdraw their request to include Holder Shares in such registration (a "Withdrawal Election").
Any Holder may elect to withdraw its request to include Registrable Securities in any Proposed Registration by giving written notice to the Company of its request to withdraw prior to the effectiveness of the Registration Statement (a "Withdrawal Election"); provided, that a Withdrawal Election shall be irrevocable and, after making a Withdrawal Election, a Holder shall no longer have any right to include Registrable Securities in the registration as to which such Withdrawal Election was made.
If Continental makes an Immediate Withdrawal Election, Continental shall provide to Contractor within five Business Days after the Termination Date a Wind-Down Schedule that provides for the return to Continental (and for the termination of the related Uncovered Aircraft Sublease) of any of such aircraft that Continental elects to retain, delineating the date of the return of such aircraft.
With respect to each such aircraft being returned to Continental (or its designee), the provisions of Section 9.04(a)(vi) shall apply as if the aircraft were being returned to Continental in connection with a termination under Section 9.03(a) (except that if Continental makes an Immediate Withdrawal Election, an Uncovered Aircraft Sublease with respect to a particular aircraft will not terminate until such aircraft is returned to Continental in accordance with the Wind-Down Schedule).
If a Trust Beneficiary receives a distribution of Trust Shares, or Trust Shares are withdrawn pursuant to a Withdrawal Election, withdrawn and sold pursuant to a Sale Election or withdrawn pursuant to Section 5.7, 5.11 or 6.3(g), the Trust Beneficiary shall be treated for purposes of this Agreement and for all relevant tax purposes as having received the same Trust Shares as were deposited in the Trust for the benefit of the Trust Beneficiary.