Common use of Exercise of Basic Subscription Right Clause in Contracts

Exercise of Basic Subscription Right. the Standby Purchaser shall exercise its Basic Subscription Right, in full, and subscribe for all of the Standby Purchaser Rights Offering Shares to which it is entitled to subscribe under its Basic Subscription Right, not less than two Business Days prior to the Rights Closing Date; and

Exercise of Basic Subscription Right. the each Standby Purchaser shall exercise his or its Basic Subscription Right, in full, and subscribe for all of the Standby Purchaser Rights Offering Shares to which he or it is entitled to subscribe under his or its Basic Subscription Right, not less than two Business Days prior to the Rights Closing Date; and