Common use of Automatic Exercise Clause in Contracts

Automatic Exercise. Section 3.6(c) of the FX Definitions is hereby amended by deleting the words “equal or” from the fifth line and by replacing the words “the product of (i) one percent of the Strike Price multiplied by ( ii ) the Call Currency Amount or the Put Currency Amount, as appropriate” with “zero”. Unless otherwise specified in the relevant Confirmation, “Automatic Exercise” will apply to any Currency Option Transaction under this agreement.

Appears in 5 contracts

Samples: Master Agreement (Mack Cali Realty L P), Master Agreement (Mack Cali Realty L P), Master Agreement (Mack Cali Realty L P)

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Automatic Exercise. Section 3.6(c) of the FX Definitions is hereby amended by deleting the words “equal or” from the fifth line and by replacing the words “the product of (i) one percent of the Strike Price multiplied by ( ii ) the Call Currency Amount or the Put Currency Amount, as appropriate” with “zero”. Unless otherwise specified in the relevant Confirmation, “Automatic Exercise” will apply to any Currency Option Transaction under this agreement.. [Signatures to follow on the next page]

Appears in 2 contracts

Samples: Master Agreement (Mack Cali Realty L P), 2002 Master Agreement (Mack Cali Realty L P)

Automatic Exercise. Section 3.6(c) of the FX Definitions is hereby amended by deleting the words “equal or” from the fifth line and by replacing the words “the product of (i) one percent of the Strike Price multiplied by ( ii (ii) the Call Currency Amount or the Put Currency Amount, as appropriate” with “zero”. Unless otherwise specified in the relevant Confirmation, “Automatic Exercise” will apply to any Currency Option Transaction under this agreement.

Appears in 2 contracts

Samples: 2002 Master Agreement (Booz Allen Hamilton Holding Corp), Master Agreement (Booz Allen Hamilton Holding Corp)

Automatic Exercise. Section 3.6(c3.6( c ) of the FX Definitions is hereby amended by deleting the words “equal or” from the fifth line and by replacing the words “the product of (i( i ) one percent of the Strike Price multiplied by ( ii ) the Call Currency Amount or the Put Currency Amount, as appropriate” with “zero”. Unless otherwise specified in the relevant Confirmation, “Automatic Exercise” will apply to any Currency Option Transaction under this agreement.

Appears in 2 contracts

Samples: 2002 Master Agreement (Booz Allen Hamilton Holding Corp), Master Agreement (Booz Allen Hamilton Holding Corp)

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Automatic Exercise. Section 3.6(c) of the FX Definitions is hereby amended by deleting the words “equal equals or” from the fifth line and by replacing the words “the product of (i) one percent of the Strike Price multiplied by ( ii (ii) the Call Currency Amount or the Put Currency Amount, as appropriate” with “zero”. Unless otherwise specified in the relevant Confirmation, “Automatic Exercise” will apply to any Currency Option Transaction under this agreementAgreement.

Appears in 1 contract

Samples: 2002 Master Agreement (Booz Allen Hamilton Holding Corp)

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