Partial Exercise definition
Examples of Partial Exercise in a sentence
Section 4.2 - Partial Exercise ----------- ---------------- Any exercisable portion of the Option or the entire Option, if then wholly exercisable, may be exercised in whole or in part at any time prior to the time when the Option or portion thereof becomes unexercisable under Section 3.3; provided, however, that each partial exercise shall be for not less than one thousand (1,000) shares and shall be for whole shares only.
The undersigned elects to utilize the following manner of exercise: Shares: Full Exercise of Warrant Partial Exercise of Warrant (in the amount of Shares) Exercise Price: $ Payable in accordance with Section 3(a)(ii) of the Warrant Please issue a new Warrant for the unexercised portion of the attached Warrant in the name of the undersigned.
Section 4.2 - Partial Exercise ----------- ---------------- Any exercisable portion of the Option or the entire Option, if then wholly exercisable, may be exercised in whole or in part at any time prior to the time when the Option or portion thereof becomes unexercisable under Section 3.3; provided, however, that each partial exercise shall be for not less than one hundred (100) shares (or the minimum installment set forth in Section 3.1, if a smaller number of shares) and shall be for whole shares only.
Section 4.2 - Partial Exercise ----------- ---------------- Any exercisable portion of the Option or the entire Option, if then wholly exercisable, may be exercised in whole or in part at any time prior to the time when the Option or portion thereof becomes unexercisable under Section 3.3; provided, however, that each partial exercise shall be for not less than one hundred (100) shares and shall be for whole shares only.
Section 4.2 - Partial Exercise ----------- ---------------- Any exercisable portion of the Option or the entire Option, if then wholly exercisable, may be exercised in whole or in part at any time prior to the time when the Option or portion thereof becomes unexercisable under Section 3.2; provided, however, that each partial exercise shall be for whole shares only.