Examples of Xxxxxxxx Option in a sentence
The Xxxxxxxx Option may be exercised only during the Exercise Period.
The closing of the purchase and sale of the Shares (the "CLOSING") shall take place at 10:00 a.m. on the date that is one business day following exercise by Xxxxxxxx of the Xxxxxxxx Option (as defined) or on such other date as may be mutually agreeable to the Company and Xxxxxxxx.
Scheschuk and Holder hereby agree that any action, proceeding or claim xxxxxxx Schesxxxx xr the Holder arising out of, or relating in any way to this Xxxxxxxx Option shall be brought and enforced in the courts of the State of New York or of the United States of America for the Southern District of New York, and irrevocably submit to such jurisdiction, which jurisdiction shall be exclusive.
Upon exercise of the Xxxxxxxx Option, the Option Shares not subsequently conveyed to the Company shall be deemed Stockholder Shares (as defined in the Stockholders Agreement) and Other Registrable Securities (as defined in the Registration Agreement).
KCSI and Xxxxxxxx each agree to issue shares of their stock upon the exercise of the New KCSI Options and the New Xxxxxxxx Options, respectively, and agree that holders of the Substituted Options shall purchase shares in each of KCSI and Xxxxxxxx directly from the relevant corporation upon the exercise of a New KCSI Option or a New Xxxxxxxx Option, as the case may be.
Akselrod and Holder hereby agree that any action, proceeding or claim xxxxxxx Akselrod or the Holder arising out of, or relating in any way to this Xxxxxxxx Option shall be brought and enforced in the courts of the State of New York or of the United States of America for the Southern District of New York, and irrevocably submit to such jurisdiction, which jurisdiction shall be exclusive.
The Xxxxxxxx Option Deposit shall be applied against the Xxxxxxxx Purchase Price at closing.
If the Xxxxxxxx Option has been exercised, but the Xxxxxxxx Closing has not yet occurred as of the end of the Term, the Term shall be automatically extended until the Xxxxxxxx Closing Date.
The purchase price of the Tranche 4 Xxxxxxxx Option is $12.00 per share.
The Xxxxxxxx Option Deposit shall be deemed to be fully earned by Lessor upon Xxxxxx’s receipt thereof, and shall only be returned to Lessee under certain circumstances as more particularly set forth below.