Exercise after Notice of the Call Sample Clauses

The 'Exercise after Notice of the Call' clause defines the rights and procedures for exercising certain options or rights after a formal notice, known as a 'call,' has been issued. Typically, this clause applies in contexts such as convertible securities or options, where holders are given a specified period to exercise their rights following the issuer's announcement of a call event. For example, if a company calls its convertible bonds, bondholders may have a limited window to convert their bonds into shares before the call is completed. The core function of this clause is to provide a clear and fair process for stakeholders to respond to a call, ensuring they have an opportunity to act on their rights before those rights are potentially extinguished.
Exercise after Notice of the Call. The Warrants may be exercised, for cash at any time after notice of the call shall have been given by the Company pursuant to Section 6.2 hereof and prior to the Call Date. On and after the Call Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Call Price.
Exercise after Notice of the Call. In the event the Company calls the Warrants for redemption as described above, the Company may require all holders that wish to exercise such warrants to do so on a “cashless basis.” In such event, each holder will pay the Warrant Price by surrendering the Warrants for that number of shares of Common Stock equal to the quotient obtained by dividing (x) the product of the number of shares of Common Stock underlying the Warrants, multiplied by the difference between the Warrant Price of the Warrants and the Fair Market Value by (y) the Fair Market Value.
Exercise after Notice of the Call. The Public Warrants may be exercised pursuant to Section 3.3 or Section 3.4 hereof at any time after notice of the call shall have been given by the Company pursuant to Section 6.2 hereof and prior to the Call Date. On and after the Call Date, the record holder of the Public Warrants shall have no further rights except to receive, upon surrender of the Public Warrants, the Call Price.
Exercise after Notice of the Call. In the event the Company calls the Warrants for redemption as described above, the Company may require all holders that wish to exercise such warrants to do so on a “cashless basis.” In such event, each holder will pay the Warrant Price as set forth in Section 3.4.1(b).

Related to Exercise after Notice of the Call

  • Exercise After Notice of Redemption The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 6.2 of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.3 hereof and prior to the Redemption Date. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

  • CAFA Notice Pursuant to 28 U.S.C. § 1715, not later than ten (10) days after the Agreement is filed with the Court, the Settlement Administrator shall cause to be served upon the Attorneys General of each U.S. State in which Settlement Class members reside, the Attorney General of the United States, and other required government officials, notice of the proposed settlement as required by law, subject to Paragraph 5.1 below.

  • NOTICE OF DELAYS Except as otherwise provided under this Contract, when either party has knowledge that any actual or potential situation is delaying or threatens to delay the timely performance of this Contract, that party shall, within one (1) business day, give notice thereof, including all relevant information with respect thereto, to the other party.

  • No Action after Notice The Corporation covenants with the Warrant Agent that it will not close its transfer books or take any other corporate action which might deprive the Registered Warrantholder of the opportunity to exercise its right of acquisition pursuant thereto during the period of 14 days after the giving of the certificate or notices set forth in Section 4.6 and Section 4.7.

  • Notice of Delay 12.1. When anything delays or threatens to delay the timely performance of the Purchase Order, Supplier must immediately provide written notice to Buyer in writing of all relevant information, including but not limited to the reasons for the potential delay and Supplier’s short-term and long-term mitigation actions.