Acceleration of Exercise Date Sample Clauses

Acceleration of Exercise Date. In its sole discretion, the Board of Directors may accelerate the date or dates on which this Option may be exercised in whole or in part.
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Acceleration of Exercise Date. In the event the Company enters into an agreement to sell a majority of its assets, the Exercise Date shall be accelerated and shall be the date on which the Company enters into such agreement. In such an event, the Company shall provide notice to the Holder in accordance with this Warrant.
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Acceleration of Exercise Date. In the event the Company enters into an agreement to sell, convey or dispose of all or substantially all of the Company’s property or business or the Company’s merger with or into or consolidation with any other corporation (other than a wholly-owned subsidiary of the corporation) or if the Company effects any other transaction or series of related transactions in which more than fifty percent (50%) of the voting power of the Company is disposed of, the Exercise Date shall be accelerated and shall be the date on which the Company enters into such transaction. In such an event, the Company shall provide notice to the Holder in accordance with this Warrant.
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Acceleration of Exercise Date. The Company shall have the right to accelerate the Expiration Date in the event that (i) the Class B Stock is traded on a national securities exchange, the NASDAQ National Market or the NASDAQ SmallCap Market; and (ii) the Class B Stock trades at $15.00 per share and does not trade below $15.00 for a period of 20 consecutive trading days. Upon the satisfaction of such conditions, the Company shall have the right, but not the obligation, to provide a written notice accelerating the Expiration Date to a date not less than 30 calendar days after the date of such notice. Upon the issuance of such notice, and expiration of the exercise period, the Company shall redeem any outstanding and unexercised Warrants for $0.10 per Warrant. The Expiration Date, as accelerated hereunder, shall be considered to be the "Expiration Date".
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Acceleration of Exercise Date. If and to the extent the Option is not already exercisable, it shall become exercisable upon the occurrence of any of the following events:
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Acceleration of Exercise Date 
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Related to Acceleration of Exercise Date

  • Acceleration of Exercisability Notwithstanding the schedule provided in subsection 3.2, the Option will become fully exercisable (unless Participant chooses to decline accelerated Vesting of all or any portion of the Option) upon the occurrence of either:

  • Duration of Exercisability The installments provided for in Section 3.1 are cumulative. Each such installment which becomes exercisable pursuant to Section 3.1 shall remain exercisable until it becomes unexercisable under Section 3.3.

  • Suspension of Exercisability To the extent that the Company determines in good faith that some action will or need be taken pursuant to Section 3.1 or to comply with federal or state securities laws, the Company may suspend the exercisability of the Rights for a reasonable period in order to take such action or comply with such laws. In the event of any such suspension, the Company shall issue as promptly as practicable a public announcement stating that the exercisability or exchangeability of the Rights has been temporarily suspended. Notice thereof pursuant to Section 5.9 shall not be required. Failure to give a notice pursuant to the provisions of this Agreement shall not affect the validity of any action taken hereunder.

  • Period of Exercisability Section 3.1 - Commencement of Exercisability ----------- ------------------------------

  • Timing of Exercise The Warrants shall be exercisable at any time in whole or in part from time to time commencing as of February 17, 2006 and expiring at 5:00 P.M., New York time, on February 16, 2011 (the “Expiration Date”), subject to earlier termination as provided herein, and may not be exercised thereafter.

  • Exercise Date Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the day on which this Warrant shall have been surrendered to the Company as provided in subsection 1(a) or 1(b) above (the “Exercise Date”). At such time, the person or persons in whose name or names any certificates for Warrant Shares shall be issuable upon such exercise as provided in subsection 1(d) below shall be deemed to have become the holder or holders of record of the Warrant Shares represented by such certificates.

  • Commencement of Exercisability (a) Subject to Sections 3.1(b), 3.1(c) and 3.3, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

  • Cumulative Exercisability To the extent that the Option is vested and exercisable, the Grantee has the right to exercise the Option (to the extent not previously exercised), and such right shall continue, until the expiration or earlier termination of the Option.

  • Payment of Exercise Price In the event that the holder has elected a Cash Exercise with respect to some or all of the Warrant Shares to be issued pursuant hereto, the holder shall pay the Aggregate Exercise Price in the sum of $___________________ to the Company in accordance with the terms of the Warrant.

  • Exercisability of Option Unless otherwise provided in this Agreement or the Plan, this Option shall entitle the Participant to purchase, in whole at any time or in part from time to time, to the extent the Option is vested in accordance with the vesting schedule herein, the Shares subject to this Option, and each such right of purchase shall be cumulative and shall continue, unless sooner exercised or terminated as herein provided, during the remaining Option Period.

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