Examples of Call Effective Date in a sentence
In all other cases, the data recipients may only use the data for the purposes for which it was transferred to them.
The Call Notice shall be irrevocable and shall specify (A) the Call Price and (B) the Call Effective Date, which may not be less than 30 days after the Call Notice Date.
The Banks shall not sell, assign, transfer, convey, pledge, or otherwise dispose of or deliver to any third party, the ownership of or the title to the Banks’ Warrants, to the Warrant Shares or any rights related or connected thereto prior to midnight (GMT) of the Call Effective Date (the “Lock-up Period”), except as expressly provided for herein.
The market value of the Common Stock on the Call Effective Date shall be determined by reference to the VWAPPS of the Common Stock for the last three (3) days of trading immediately prior to the Call Effective Date, rounded to nearest whole number of shares.
At the Call Effective Date, the Purchaser shall deliver to the Company the certificates for the Purchased Shares, duly endorsed in blank, in proper form for transfer, with all signatures properly guaranteed by a member firm of the New York Stock Exchange or a commercial bank or trust company that is a member of a signature guarantee medallion program, and the Company shall deliver to the Purchaser the Call Price payable therefor in immediately available funds.
If a Holder fails to respond in the manner provided herein to the Call Notice on or before the Call Effective Date, the Holder's right to require conversion of such Holder's Note, to the extent such Note has been called in accordance with this Section 5, shall become void and of no further effect, and the Company shall redeem such Holder's Notes at the Call Price as provided in Section 5(b)(i).
The Call Notice shall be given to each holder of record (at such holder's address appearing on the stock transfer books of the Corporation) of Series A Preferred whose shares are to be redeemed and shall state the number of shares to be redeemed, the effective date (the "Call Effective Date") of the redemption (which shall not be less than forty-five (45) days from the date of delivery of such notice) and the Call Price to be paid.
No fractional shares, or scrip representing fractional shares, shall be issued upon the Company’s exercise of its Call Option, but in lieu thereof the Company shall pay in cash the fair value of such fractional shares as of the Call Effective Date.
The Call Option shall be deemed to have been effected on the date (the “Call Effective Date”) on which the Call Election Notice shall have been sent, and the person or persons in whose name or names any certificate or certificates for Call Shares shall be issuable shall be deemed to have become on the Call Effective Date the holder or holders of record of the Common Stock represented thereby.
At any time after the Call Effective Date but on or before the Expiration Date, the Company may give written notice to each holder of Warrants and/or Warrant Shares (a "Repurchase Notice") of its intention to repurchase all, but not less than all, of the Warrant and Warrant Shares held by each such holder, at a purchase price equal to the Repurchase Price with respect to such holder.