Acceleration of Expiration Date Sample Clauses

Acceleration of Expiration Date. In its sole and absolute ------------------------------- discretion, and on such terms and conditions as it deems appropriate, the Company may, by action taken prior to the occurrence of such transaction or event, provide that this Warrant may not be exercised after the occurrence of such event; provided, however, the Holder must be given the opportunity, for a specified period of time prior to the consummation of such transaction of not less than thirty (30) days, to exercise this Warrant as to all Warrant Shares covered thereby.
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Acceleration of Expiration Date. Notwithstanding anything contained in this Lease to the contrary, Tenant may modify and accelerate the expiration date of the Term of this Lease to December 31, 2004 (the "Accelerated Expiration Date"), so that the term of this Lease shall expire on the Accelerated Expiration Date, by (a) providing Landlord with written notice on or before March 31, 2004 (the "Notification Date"), of its intent to modify the term of this Lease so that this Lease shall expire as of the Accelerated Expiration Date, and (b) paying on or before the Notification Date a fee (the "Termination Fee") in consideration for Landlord's agreement to modify the term of this Lease in an amount equal to all real estate commissions paid by Landlord in connection with this Lease multiplied by a fraction, the numerator of which is 33 (i.e., the number of full calendar months ---- remaining in the initial term as of the Accelerated Expiration Date), and the denominator of which is the number of full calendar months in the Lease Term described in the Basic Terms. Failure of Tenant to either (a) provide written notice of its intent to accelerate on or before the Notification Date or (b) pay the Termination Fee due hereunder on or before the Notification Date, shall constitute a waiver of Tenant's right to accelerate the expiration date hereunder. Tenant may accelerate the expiration of this Lease only for the entire (and not a portion of) the Premises. The Termination Fee payable by Tenant hereunder shall not be deemed to be Rent, but rather, shall be a fee paid to Landlord in consideration of Landlord's agreement to permit the acceleration of the expiration date of the Term of this Lease as provided in this Section 1.2.6.
Acceleration of Expiration Date. Section 7(a) of the Agreement is hereby amended so that the definition ofFinal Expiration Date” shall be: the date and time that Rights pursuant to that certain Rights Agreement between the Company and Computershare Trust Company, Inc. dated as of September 15, 2003 are issued or deemed to be issued to the Company’s stockholders of record as of September 25, 2003. As of the Final Expiration Date, as amended hereby, the Agreement shall terminate. The undersigned officer of the Company, being an appropriate officer of the Company and authorized to do so by resolution of the Board of Directors of the Company dated as of September 15, 2003, hereby certifies to the Rights Agent that this amendment is in compliance with the terms of Section 27 of the Agreement. SANDISK CORPORATION By: /s/ XXXXXXX XXX XXXXX Name: Xxxxxxx Xxx Xxxxx Title: Vice President, General Counsel and Secretary ACKNOWLEDGED AND AGREED: XXXXXX TRUST AND SAVINGS BANK, as Rights Agent By: /s/ XXXXXX X. XXXXXX Name: Xxxxxx XxXxxx Title: Vice President
Acceleration of Expiration Date. Tenant shall have the option to accelerate ------------------------------- the Expiration Date of the Term to either (i) midnight on the day immediately preceding the fifth (5th) anniversary of the Commencement Date or (ii) 11:59 p.m. on the last day of the full calendar month that is seven (7) years and six (6) months after the Commencement Date (either such date being referred to as the "Right of Termination Date"), subject to the following terms and limitations:
Acceleration of Expiration Date. Except in the case of Citizens, should an Organizer cease to be a Director of the Bank, any Warrants which have been granted to such Organizer and have vested pursuant to this Warrant Plan shall expire, if not otherwise accelerated, exercised or called by the Corporation, as provided for herein, One (1) year from the date that such Organizer ceases to be a Director of the Bank.
Acceleration of Expiration Date. At the Company’s option, and upon twenty days prior written notice, the Company may accelerate the expiration date of the Series A warrants if: · The Company’s common stock has closed at a price which is at least twice the then applicable warrant exercise price for at least twenty consecutive trading days; · The average trading volume in the Company’s common stock has been at least 30,000 shares during the ten trading days; and · The Company has a current and effective registration statement available covering the shares of common stock issuable upon the exercise of the warrants.
Acceleration of Expiration Date. Notwithstanding anything to the contrary contained herein, in the event the high sales price of the Common Stock is greater than or equal to 200% of the Exercise Price then in effect for fifteen (15) Trading Days out of any consecutive thirty (30) Trading Day period, then the Expiration Date may be accelerated upon written notice by the Company to the Holder (the “Acceleration Notice”). The Expiration Date will be the date the Acceleration Notice is deemed given and effective in accordance with Section 15 below.
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Acceleration of Expiration Date. If at any time GSI determines in its good faith discretion that it has a conflict of interest in any matter that will be the subject of a vote of the Issuer's shareholders and it cannot assign the Option to another third party pre-approved by the Issuer prior to the second Exchange Business Day before the record date of such shareholder vote (the "Record Date"), then the Expiration Date shall be accelerated to the Exchange Business Day prior to the Record Date or such other date as agreed between the parties. In such an event the Calculation Agent shall adjust the Strike Price pro-rata to preserve the economic value of the Transaction accrued up to this accelerated Expiration Date to GSI. At any time after 180 calendar days have elapsed since the Trade Date, Counterparty may elect to accelerate the Expiration Date to the Exchange Business Day following the Exchange Business Day that Counterparty notifies GSI of its intention to exercise this right (the "Notification Date") or such other date as the parties shall agree. As a pre-condition to exercising such right Counterparty shall pay an early termination fee equal to 0.25% of the Strike Price to GSI on the Notification Date and the Calculation Agent shall adjust the Strike Price pro-rata to preserve the economic value of the Transaction accrued up to this accelerated Expiration Date to GSI. If at any time the call option transaction which was executed on the Trade Date and has the same Expiration Date in connection with the Transaction Structure is exercised or if an Early Termination Date shall occur with respect thereto, the Expiration Date with respect to this Transaction shall accelerate to the date of such exercise or Early Termination Date, as applicable.
Acceleration of Expiration Date 

Related to Acceleration of Expiration Date

  • Extension of Expiration Date If the Company fails to cause any Registration Statement covering Registrable Securities (unless otherwise defined herein, capitalized terms are as defined in the Registration Rights Agreement relating to the Warrant Shares (the "Registration Rights Agreement")) to be declared effective prior to the applicable dates set forth therein, or if any of the events specified in Section 2(c)(ii) of the Registration Rights Agreement occurs, and the Blackout Period (whether alone, or in combination with any other Blackout Period) continues for more than 60 days in any 12 month period, or for more than a total of 90 days, then the Expiration Date of this Warrant shall be extended one day for each day beyond the 60-day or 90-day limits, as the case may be, that the Blackout Period continues.

  • Effects of Expiration or Termination Upon expiration of the License Term or termination of this Agreement, Customer shall promptly pay all sums owed by Customer, return the original copies of all Licensed Products to PTC, destroy and/or delete all copies and backup copies thereof from Customer’s computer libraries, storage facilities and/or hosting facilities, and certify in writing by an officer that Customer is in compliance with the foregoing requirements and that the Licensed Products are no longer in Customer’s possession or in use.

  • Effect of Expiration or Termination Upon any expiration or termination of this Agreement, except as expressly otherwise provided in this Agreement:

  • Effect of Expiration or Termination; Survival Expiration or termination of this Agreement shall not relieve the Parties of any obligation accruing prior to such expiration or termination. Any expiration or termination of this Agreement shall be without prejudice to the rights of either Party against the other accrued or accruing under this Agreement prior to expiration or termination, including without limitation the obligation to pay royalties for the Licensed Products sold prior to such expiration or termination. The provisions of Articles 1, 7, 9 and 11 and Sections 4.6, 4.7, 4.9, 4.10, 6.2, 6.4 (but only with respect to filings and submissions made on or prior to such expiration or termination), 8.5, 8.6, 8.7, 10.2.2 and 10.3 shall survive any expiration or termination of this Agreement (in each case in accordance with its terms, as applicable). Except as set forth in this Article 10, upon termination or expiration of this Agreement all other rights and obligations of the Parties under this Agreement cease. Clearside shall exercise commercially reasonable efforts to continue any Sublicense that is not in default following the termination of the Agreement for any reason.

  • Expiration Date Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date that is five Business Days prior to the Maturity Date.

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