Examples of Cashless Exercise Notice in a sentence
Following the receipt of notice of a Sale Event but prior to the expiration of this Warrant, the Warrant Holder may elect to exercise all or any part of this Warrant by delivering a Cashless Exercise Notice, in which case the exercise of this Warrant shall become effective immediately before the closing of the Sale Event and the fair market value of the Common Stock will be deemed to be the value per share of Common Stock received by the holders of the Company’s Common Stock pursuant to the Sale Event.
Notwithstanding anything to the contrary, a Participant may elect to exercise an Option without payment of the aggregate exercise price of the Shares to be purchased pursuant to the exercise of the Option (a “ Cashless Exercise”) by delivering a Cashless Exercise Notice to the Committee.
The undersigned directs the Company to issue the certificate evidencing said Shares in the name of the undersigned to be mailed to the undersigned at the following address: By executing this Cashless Exercise Notice, the undersigned hereby confirms that the undersigned has read the Plan and agrees to be bound by the provisions of the Plan.
All terms not otherwise defined in this Cashless Exercise Notice shall have the meanings given to them under the Plan or the attached certificate.
Except as provided in Section 5233 of the California Nonprofit Public Benefit Corporation Law, approve any transaction (i) to which the Corporation is a party and as to which one or more Directors has a material financial interest, or (ii) between the Corporation and any corporation or entity in which one or more of its Directors has a material financial interest.
Its income will be determined by the independent Office of the Rail Regulations will take into account debt servicing costs.A standby credit facility, together with related agreements, to allow certain existing loans to continue and to provide bridging finance for Network Rail until longer term debt financing can be implemented.This has now expired.
Such conversion shall be effective upon the receipt by the Company of the Warrant together with the Cashless Exercise Notice, or such later date as is specified therein, or on such other date as the Company and such Holder may agree, provided that in any event such date is prior to the earliest to occur of the Expiration Events.
Supportive measures are available with or without the filing of a Formal Complaint.
Provided that at the time of exercise the Company's Common Stock is publicly traded and quoted regularly in the Wall Street Journal, and provided further, that the cashless exercise will not result in a charge to the Company's earnings, in excess of that which the Company is willing to accept, payment by delivery and surrender of this Option with a Cashless Exercise Notice (in the form attached hereto as Exhibit B).
The Average Share Price shall be the average of the closing price of a share of Class A Stock for the fifteen (15) consecutive trading days ending on the date the Cashless Exercise Notice is provided.