Effect of Failure to Exercise. Except as provided in Section 7.06, any failure by Viacom International to exercise either Option, or any exercise for less than all shares purchasable under either Option, in connection with any particular Issuance Event shall not affect Viacom International's right to exercise the relevant Option in connection with any subsequent Issuance Event.
Effect of Failure to Exercise. Except as provided in Section 2.6, any failure by Ford to exercise either Option, or any exercise for less than all shares purchasable under either Option, in connection with any particular Issuance Event shall not affect Ford's right to exercise the relevant Option in connection with any subsequent Issuance Event.
Effect of Failure to Exercise. Except as provided in Section 2.6, any failure by HNC to exercise the Option in full shall not affect HNC's right to thereafter exercise the Option at any time in the future.
Effect of Failure to Exercise. Except as provided in Section 2.6, any failure by Xxxxxx to exercise either Option, or any exercise for less than all shares purchasable under either Option, in connection with any particular Issuance Event shall not affect Walter’s right to exercise the relevant Option in connection with any subsequent Issuance Event.
Effect of Failure to Exercise. Except as provided in Section 6.5, any failure by Xxxxxx ----------- Xxxxxx to exercise the Option, or any exercise for less than all shares purchasable under the Option, in connection with any particular Issuance Event shall not affect Xxxxxx Xxxxxx' right to exercise the Option in connection with any subsequent Issuance Event; provided, however, that the Ownership Percentage following such Issuance Event in connection with which Xxxxxx Xxxxxx so failed to exercise such Option in full or in part shall be recalculated as set forth in Section 1.1. -----------
Effect of Failure to Exercise. Except as provided in Section 2.6, any failure by General Instrument to exercise either Option, or any exercise for less than all shares purchasable under either Option, in connection with any particular Issuance Event shall not affect General Instrument's right to exercise the relevant Option in connection with any subsequent Issuance Event.
Effect of Failure to Exercise. Any failure by the Purchasers to exercise the Preemptive Right, or any exercise for less than all shares purchasable under the Preemptive Right, in connection with any particular Issuance Event shall not affect the right of the Purchasers or their permitted assigns to exercise the Preemptive Right in connection with any subsequent Issuance Event; provided that the Ownership Percentage following such Issuance Event in connection with which the Purchasers or their permitted assigns so failed to exercise such Preemptive Right in full or in part shall be recalculated as set forth in the definition of such term.
Effect of Failure to Exercise. Any failure by Roche to exercise either Option, or any exercise for less than all shares purchasable under either Option, in connection with any particular Issuance Event shall not affect Roche's right to exercise the relevant Option in connection with any subsequent Issuance Event; provided, however, that, in the case of the Common Stock Option, the Ownership Percentage following such Issuance Event in connection with which Roche so failed to exercise such Option in full or in part shall be recalculated as set forth in the definition thereof.
Effect of Failure to Exercise. Except as provided in Section 5.6, any failure by FBR Group to exercise the Option, or any exercise for less than all shares purchasable under the Option, in connection with any particular Issuance Event shall not affect FBR Group’s right to exercise the Option in connection with any subsequent Issuance Event; provided, however, that the Ownership Percentage following such Issuance Event in connection with which FBR Group so failed to exercise such Option in full or in part shall be recalculated as set forth in Section 1.1.
Effect of Failure to Exercise. Any failure by Holdings to exercise either Option, or any exercise for less than all shares purchasable under either Option, in connection with any particular Issuance Event shall not affect Holdings' right to exercise the relevant Option in connection with any subsequent Issuance Event; provided, however, that, in the case of the Class B Common Stock Option, the Ownership Percentage following such Issuance Event in connection with which Holdings so failed to exercise such Option in full or in part shall be recalculated as set forth in Section 1.01.
