Conditional Exercise definition

Conditional Exercise has the meaning set forth in Section 4.2(a) hereof.
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Examples of Conditional Exercise in a sentence

  • In the event that such tender or exchange offer is not consummated prior to termination of the Option, such Conditional Exercise Notice shall be void and of no further force and effect.

  • If you wish to tender Shares subject to warrants, you must deliver to the Depositary prior to the expiration of the Offer such documents as may be required pursuant to the terms of the warrant to effect the exercise thereof (other than payment of the exercise price of such warrants) together with a Conditional Election Form and any other documents required by the Conditional Election Form and the Instructions for Conditional Exercise for Tender of Option Shares and Warrant Shares.

  • SEPARATION OF WARRANTS; TERMS OF WARRANTS; EXERCISE OF WARRANTS Section 4.01 Terms of Warrants; Exercise of Warrants 10 Section 4.02 Conditional Exercise 12 ARTICLE 5.

  • Lessee may deliver to Lessor under Section 35.B a notice conditionally exercising the option to extend, subject to Lessor's agreement to either waive the Rent Floor or to reduce the floor below the amount specified under Section 35.B. If Lessee timely delivers such a notice ("Conditional Exercise Notice"), Lessor may notify Lessee within thirty (30) days after receipt thereof that Lessor waives such Rent Floor or agrees to accept a reduced Rent Floor as set forth in the Conditional Exercise Notice.

  • If Lessor does not timely respond to Lessee's Conditional Exercise Notice in the manner contemplated above, Lessee's Conditional Exercise Notice shall be ineffective and Lessee's extension option shall lapse.

  • The undersigned represents and warrants that he or she has full power and authority to execute and deliver this Conditional Exercise Form and holds good title to such Company Options, free and clear of all liens, claims, charges and encumbrances.

  • Seller and Buyer are parties to an Option Agreement dated October 18, 2000 and a Conditional Exercise Notice dated May 23, 2001 (together the "Option Agreement") and are executing this Agreement pursuant to the provisions thereof.

  • Type of Option: Nonstatutory Stock Option Conditional Exercise/ Assumability of Options: In the event of the proposed dissolution or liquidation of the Company, upon notice to Optionee, the Option will terminate immediately prior to the consummation of such proposed action, unless otherwise provided by the Committee.

  • Unless the Conditional Exercise Notice is withdrawn by Tencor, the Closing of a purchase of Option Shares specified in a Conditional Exercise Notice shall take place immediately prior to the consummation of such tender or exchange offer.

  • Unless the Conditional Exercise Notice is withdrawn by KLA, the Closing of a purchase of Option Shares specified in a Conditional Exercise Notice shall take place immediately prior to the consummation of such tender or exchange offer.

Related to Conditional Exercise

  • Conversion Option means the Company’s option to convert some or all of the Series C Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of: