Exercise time Clause Samples
The "Exercise time" clause defines the specific period during which a party may exercise a particular right or option under the agreement. Typically, this clause outlines the start and end dates or the conditions that trigger the exercise window, such as a 30-day period following a certain event. By clearly specifying when rights can be exercised, this clause ensures both parties understand their obligations and opportunities, thereby preventing disputes over timing and providing certainty in the execution of contractual rights.
Exercise time. 2.1.1 Party B agrees that Party A may exercise some or all of the option under the Agreement at any time after the execution of the Agreement, to the extent permitted by the laws and regulations of the People’s Republic of China.
2.1.2 Party B agrees that there is no limit to the number of times Party A may exercise the option, unless it has acquired all of the Company’s equity.
2.1.3 Party B agrees that Party A may designate a third party to exercise the option as its representative, but when exercising the option, Party A shall notify Party B in writing in advance.
Exercise time. 2.1.1 Party B unanimously agrees that subject to permission of the PRC laws and regulations, Party A may exercise all or any part of the Option at any time during the Term of the Option.
2.1.2 Party B unanimously agrees that Party A may exercise the Option for unlimited times, until it has purchased all Equity Interests of Party C.
2.1.3 Party B unanimously agrees that Party A may nominate any third party as its representative to exercise the Option, provided that such designation shall be made known to the granting Party by Party A with a prior written notice.
Exercise time. 2.1.1 The Grantors unanimously agree that, to the extent permitted by the laws and regulations of the People’s Republic of China, Party A may exercise the option or any part thereof hereunder at any time after the signature and effectiveness of this Agreement.
2.1.2 The Grantors unanimously agree that the times of exercise by Party A are not limited, until and unless Party A has acquired and held all shares of Party C.
2.1.3 The Grantors unanimously agree that Party A may designate a third party to exercise the option for and on its behalf, provided that Party A shall give a prior written notice to the Grantors upon exercise of the option.
Exercise time. 2.1.1 Each Party agrees that Party A may exercise some or all of the options hereunder at any time during the term of this Agreement.
2.1.2 Party B agrees that there is no limit to the number of times Party A can exercise its rights, unless it has purchased all of Party B’s equity interests in Party C.
2.1.3 Party B unanimously agrees that Party A may appoint a third party to exercise the option, but Party A shall notify Party B in writing in advance.
Exercise time. Employees will be provided with family membership to the city recreation center and pool.
Exercise time. 2.1.1 The Grantors unanimously agree that, if and when permitted by PRC laws and regulations, Party A may exercise all or part of the Option at any time during the term of this Agreement.
2.1.2 The Grantors unanimously agree not to restrict the number of times Party A may exercise the Option until Party A or its third party designee has completed the purchase of all of the Equity Interest of Party B.
2.1.3 The Grantors unanimously agree that Party A may, upon issuance of written notice to the Grantors, designate in its discretion any third party to exercise the Option on its behalf.
Exercise time. The date and time which falls on the earlier of (i) 9:00 A.M., New York time, on December __, 1997, or (ii) the effective date and time of any Change-in-Control of the Company.
Exercise time. The date and time on which the Warrants become ------------- exercisable and transferable as follows:
(i) that portion of the Warrants representing in the aggregate the right to purchase in excess of 6% (on a fully diluted basis) of the Company's outstanding Common Stock shall (A) become and remain exercisable and transferable on December 31, 1999 unless on or prior to such date Permanent Prepayments in the cumulative amount of $15,000,000 are made by the Company as required by the Credit Agreement, as amended by the Amendment, and (B) shall expire if such Permanent Prepayments are made by such date; and
(ii) the remaining portion of the Warrants shall (A) become and remain exercisable and transferable on March 15, 2000 unless on or prior to such date the Permanent Prepayments in the cumulative amount of $25,000,000 are made by the Company as required by the Credit Agreement, as amended by the Amendment, and (B) expire if such Permanent Prepayments are made by such date; provided, however, that (y) upon the effective date and time of any Change-in- -------- ------- Control, any unexpired and unvested Warrant shall immediately vest unless in connection with such Change- in-Control, a Permanent Prepayment is made so that the aggregate amount of all such reductions equals $25,000,000; and (z) if required by applicable law, the exercise (but not the transfer) of all or any portion of the Warrants shall be subject to the prior filing of a statement with, and the obtaining of the approval of, the Alabama Department of Insurance pursuant to Alabama Code (S)27- 29-3 (1975) and such other state insurance departments whose approval may be necessary to permit the Warrantholders to acquire and vote the Warrant Shares.
Exercise time. 2.1.1 The authorized parties unanimously agrees that, subject to the laws and regulations of the People’s Republic of China, Party A may exercise some or all of the options under this agreement at any time after the signing and effectiveness of this agreement.
2.1.2 The authorized parties unanimously agree that there is no limit to the number of times Party A can exercise its rights, unless it has already acquired and held all the equity and assets of King Eagle Tianjin.
2.1.3 The authorized parties unanimously agree that Party A may appoint a third party as its representative to exercise the option. However, when exercising the option, Party A shall notify the authorized parties in writing in advance.
Exercise time. 8.1.1 Prior to December 31, 2011, 21Vianet has the right to notify the Original Shareholders, the Target Companies and the Actual Controller in writing to purchase the 49% shares held by SDTL in CYSD and ZBXT respective (or the actual remaining share percentage).
8.1.2 The written notice in Article 8.1.1 is referred to as “Exercise Notice”.