By delivering Clause Samples
By delivering a properly executed notice of exercise of the Option to the Company and a broker, with irrevocable instructions to the broker promptly to deliver to the Company the amount of sale or loan proceeds necessary to pay the exercise price of the Option. THE PAYMENT PROCEDURE SPECIFIED IN CLAUSE (b) IS CONSIDERED A SALE BY EMPLOYEES SUBJECT TO SECTION 16(b) OF THE SECURITIES EXCHANGE ACT OF 1934 ("SECTION 16(b)") WHICH MAY BE MATCHED WITH ANY NON-EXEMPT PURCHASE WITHIN THE SIX-MONTH PERIOD BEFORE OR AFTER THE BROKER-FINANCED TRANSACTION. Upon receipt of such notice and payment, the Company, as promptly as practicable, shall deliver or cause to be delivered a certificate or certificates representing the shares with respect to which the Option is so exercised. The certificate or certificates for the shares as to which the Option shall have been so exercised shall be registered in the name of the person or persons so exercising the Option (or, if the Option shall be exercised by the Employee and if the Employee shall so request in the notice exercising the Option, shall be registered in the name of the Employee and Employee's spouse, jointly, with right of survivorship) and shall be delivered as provided above to or upon the written order of the person or persons exercising the Option. In the event the Option shall be exercised by any person or persons after the legal disability or death of the Employee, such notice shall be accompanied by appropriate proof of the right of such person or persons to exercise the Option. All shares that shall be purchased upon the exercise of the Option as provided herein shall be fully paid and non-assessable by the Company.
By delivering a Borrowing Request to the Agent for a borrowing of Revolving Advances, the Borrower may irrevocably request, (i) in the case of LIBO Rate Advances, not later than 11:00 a.m., Atlanta time, three Business Days before a proposed Borrowing but not more than five Business Days before a proposed Borrowing that a Borrowing be made in a minimum amount of $1,000,000 and an integral multiple of $1,000,000, or (ii) in the case of Base Rate Advances, not later than 11:00 a.m., Atlanta time, one Business Day prior to the date of a proposed Borrowing but not more than five Business Days before a proposed Borrowing, that a Borrowing be made in a minimum amount of $1,000,000 and an integral multiple of $100,000. Upon receipt of each Borrowing Request, the Agent shall give to each Liquidity Lender notice thereof on the Business Day of such receipt and of such Liquidity Lender's share of such Borrowing. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Revolving Advances, and shall be made on the Business Day, specified in such Borrowing Request.
By delivering a properly executed exercise notice together with irrevocable instructions to a broker to deliver promptly to the company the amount of sale or loan proceeds necessary to pay the purchase price and applicable withholding taxes, and such other documents as the Committee may determine.