Cancellation and Reissuance Clause Samples

Cancellation and Reissuance. The Committee shall have the authority to provide for the cancellation of the Option and the reissuance of a replacement Option upon such terms as the Committee, in its sole discretion, deems appropriate, provided that such terms shall not adversely affect the Optionee in any material way.
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Cancellation and Reissuance. 15 5.05 Transfer, Division and Combination..............................15
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Cancellation and Reissuance. If any Initial Holder or any of its Affiliates assigns or otherwise transfers any of its Notes, or assigns any of its rights or obligations thereunder to any Person, such Initial Holder may request (upon 10 Business Days' prior notice to the Company) that a number of Warrants held by such Initial Holder be cancelled on the date of such assignment and transfer and that a like number of Warrants be issued by the Company to the Person to whom such Notes are being assigned or otherwise transferred. Upon the date specified in such request, the Company shall issue, and the Initial Holder shall deliver to the Company for cancellation, such number of Warrants as aforesaid and the Company and such Person shall execute and deliver an instrument pursuant to which such Person becomes a "Holder" hereunder entitled to all the benefits accorded to a Holder under, and subject to all of the obligations imposed upon a Holder pursuant to, this Agreement and the Warrants.
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Cancellation and Reissuance. The Board shall have the authority to provide for the cancellation of the Option and the reissuance of a replacement Option upon such terms as the Board, in its sole discretion, deems appropriate, provided that such terms shall not adversely affect the Optionee in any material way.
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Cancellation and Reissuance. 13 5.03 TRANSFER, DIVISION AND COMBINATION............................................................ 13
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Cancellation and Reissuance. Subject to compliance with the provisions of Section 4 hereof, if any Initial Holder or any of its Affiliates assigns or otherwise transfers any or all of its loans and/or commitments (including by selling participations therein) arising pursuant to the Loan Agreement, or assigns or otherwise transfers any of its rights or obligations under the Loan Agreement to any Person, such Initial Holder may request (upon five Business Days' prior notice to the Company) that a number of Warrants held by such Initial Holder be cancelled on the date of such assignment and transfer and that a like number of Warrants be issued by the Company to the Person to whom such loans and/or commitments, or such rights or obligations, are being assigned or otherwise transferred. Upon the date specified in such request, the Company shall issue, and the Initial Holder shall deliver to the Company for cancellation, such number of Warrants as aforesaid and the Company and such Person shall execute and deliver an instrument pursuant to which such Person becomes a "Holder" hereunder entitled to all the benefits accorded to a Holder under, and subject to all of the obligations imposed upon a Holder pursuant to, this Agreement and the Warrants.
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Related to Cancellation and Reissuance

  • CANCELLATION AND REFUND 5.1. Registration fee is not refundable. 5.2. In the event that the Participant decided not to participate in the swim, the cost of additional services purchased by the participant in addition to the Registration fee can be partially refunded according to the following rules: 5.2.1. Any refunds are possible upon a written request of the participant, received not later than 1 month before the event.

  • Cancellation and Refunds If you cancel your reservation or change your plans, your right to receive a refund is limited, as set forth in the following schedule. All cancellations will become effective as of the date of the postmark or email receipt. All requests for refunds must be sent to Air Journey in writing via mail, fax or email. Refunds, if applicable, will be made within 14 days of receipt of your notice of cancellation.

  • Cancellations and Refunds Our cancellation policy is as flexible and understanding as possible. All our bookings are received well in advance of trip departures and other people may have been turned away because kayaks have been reserved. Cancellations due to weather will be determined by a Saltwater Soul associate on the day of your reservation. If cancellation is due to weather or safety concerns, we will attempt to rebook you. You will be issued a full refund if you are unable to rebook. All cancellations by guest need to be made 24 hours in advance for a full refund. Cancellations made less than 24 hours from reservation will result in a 50% refund.

  • CANCELLATION AND REFUND POLICY Should a student’s enrollment be terminated or cancelled for any reason, all refunds will be made according to the following refund schedule:

  • Cancellation and Suspension This Agreement shall come into force and effect on the date upon which the Loan Agreement becomes effective.