Common use of Multiple Exercise Clause in Contracts

Multiple Exercise. Applicable Minimum Number of Options: 1 Maximum Number of Options: 45,334 Integral Multiple: 1 Written Confirmation of Exercise: Applicable. Buyer shall give irrevocable exercise notice which may be given orally (including by telephone) during the Exercise Period but no later than the Notification Date. Buyer will execute and deliver a written exercise notice confirming the substance of such oral notice, however, failure to provide such written notice will not affect the validity of the oral notice.

Appears in 1 contract

Samples: Trust Agreement (Saturns Trust Series 2001 4)

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Multiple Exercise. Applicable Minimum Number of Options: 1 Maximum Number of Options: 45,334 33,070 Integral Multiple: 1 Written Confirmation of Exercise: Applicable. Buyer shall give irrevocable exercise notice which may be given orally (including by telephone) during the Exercise Period but no later than the Notification Date. Buyer will execute and deliver a written exercise notice confirming the substance of such oral notice, however, failure to provide such written notice will not affect the validity of the oral notice.

Appears in 1 contract

Samples: Trust Agreement (MSDW Structured Saturns Series 2001-7)

Multiple Exercise. Applicable Minimum Number of Options: 1 Maximum Number of Options: 45,334 Integral Multiple: 1 Written Confirmation of Exercise: Applicable. Buyer shall give irrevocable exercise notice which may be given orally (including by telephone) during the Exercise Period but no later than the Notification Date. Buyer will execute and deliver a written exercise notice confirming the substance of such oral notice, however, failure to provide such written notice will not affect the validity of the oral notice.

Appears in 1 contract

Samples: Trust Agreement (MS Structured Asset Corp)

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Multiple Exercise. Applicable Minimum Number of Options: 1 Maximum Number of Options: 45,334 32,110 Integral Multiple: 1 Written Confirmation of Exercise: Applicable. Buyer shall give irrevocable exercise notice which may be given orally (including by telephone) during the Exercise Period but no later than the Notification Date. Buyer will execute and deliver a written exercise notice confirming the substance of such oral notice, however, failure to provide such written notice will not affect the validity of the oral notice.

Appears in 1 contract

Samples: Trust Agreement (Saturns Trust Series 2001 2)

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