Second Exercise Date definition

Second Exercise Date shall have the meaning set forth in Section 2.1.6(c).
View Source
Second Exercise Date means the later of (i) April 1, 1997, or (ii) the first date following the fifth anniversary of the Closing that an Independent Investment Bank shall have delivered to the Key Employees and Toray its written opinion as to the Market Value of the Company as of the financial quarter ended December 31, 1996, provided, however, that the parties hereto shall use their best efforts to cause such written opinion to be delivered prior to March 31, 1997.
View Source
Second Exercise Date. Strict compliance with the conditions of this option and the exercise thereof is deemed material to the parties. Tenant's failure to exercise this option, including the timely naming of an appraiser, within ten (10) days of receiving written notice from Landlord, time being of the essence, that Tenant has failed to exercise this option by the Second Exercise Date, shall be deemed a waiver of this option by Tenant, in which event this Lease shall expire on the Termination Date for the First Option Period.
View Source

Examples of Second Exercise Date in a sentence

  • Each of the First Exercise Date and the Second Exercise Date are hereinafter referred to from time to time, as applicable, as the "Exercise Date" and collectively from time to time as the "Exercise Dates").

  • The Initial Exercise Date, the Second Exercise Date, the Third Exercise Date, the Fourth Exercise Date and the Fifth Exercise Date are hereinafter referred to, as applicable, as the "Exercise Date." In addition, in the event of a Change in Control of the Company, the right to exercise 100% of the underlying shares shall immediately vest.

  • The Initial Exercise Date or the Second Exercise Date, as applicable, is hereinafter referred to as the "Exercise Date".

  • The remaining __________________ of the Warrant Shares will be exercisable beginning on the date that is twelve months following the consummation of a Business Combination (collectively with the Second Exercise Date, the "SUBSEQUENT EXERCISE DATES").

  • Each of the First Exercise Date and the Second Exercise Date shall be deemed a Rights Closing Date.

  • The date of grant of this Option is January 31, 1998 (hereinafter referred to as the "Grant Date") and the date ending twelve (12) months thereafter and each subsequent three (3) month period thereafter is hereinafter referred to as "First Exercise Date", "Second Exercise Date", "Third Exercise Date", etc.

  • Each such share of Common Stock shall be purchased at a price equal to the Per Share Market Value, determined as of the financial quarter ended December 31 prior to the Second Exercise Date or the Third Exercise Date, as the case may be.

  • The date of grant of this Option is January 4, 1999 (hereinafter referred to as the "Grant Date") and the date ending twelve (12) months thereafter and each subsequent three (3) month period thereafter is hereinafter referred to as "First Exercise Date", "Second Exercise Date", "Third Exercise Date", etc.

  • If Buyer fails to pay the exercise price related to the Second Exercise Date and the Buyer and Seller fail to extend the payment date, this Agreement shall be terminated and Buyer shall return all of Seller’s assets and Seller shall repay the Consideration (including any proceeds from the exercise by Seller of its Put Option) and any other costs and expenses paid by Buyer in connection with Seller’s assets.

  • The date of grant of this Option is December 11, 2000 (hereinafter referred to as the "Grant Date") and the date ending twelve (12) months thereafter and each subsequent three (3) month period thereafter is hereinafter referred to as "First Exercise Date", "Second Exercise Date", "Third Exercise Date", etc.

Related to Second Exercise Date

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Initial Exercise Date shall have the meaning set forth in the Preamble.

  • Exercise Date means the last day of each Offering Period.

  • Automatic Exercise Date means, with respect to an Option or a Stock Appreciation Right, the last business day of the applicable Option Term or Stock Appreciation Right Term that was initially established by the Administrator for such Option or Stock Appreciation Right (e.g., the last business day prior to the tenth anniversary of the date of grant of such Option or Stock Appreciation Right if the Option or Stock Appreciation Right initially had a ten-year Option Term or Stock Appreciation Right Term, as applicable).

  • Option Exercise Date has the meaning specified in Section 2.1.