Exchange Time definition

Exchange Time means the time at which the right to exercise the Rights shall terminate pursuant to Section 3.1(c) hereof.

Exchange Time means the time at which the Automatic Exchange will be effective, being 8:00 a.m. (Eastern Time) on the date that an Automatic Exchange Event occurs.

Exchange Time means the time following the Split-Off Effective Time and immediately preceding the DIRECTV Effective Time provided that all conditions set forth in Article VII of the Merger Agreement have been satisfied or waived (other than those conditions that by their nature may only be satisfied at the Closing), and the parties to the Merger Agreement are obligated to complete the Closing."

Examples of Exchange Time in a sentence

• Exchange Time allows an employee to request time off during a scheduled workday to be made up within the workweek (Sunday through Saturday).

• Granting of Exchange Time will be subject to business needs as determined by the Company.

• Granting of Exchange Time will be at the Company’s discretion, but will not be granted or denied arbitrarily and shall be based upon such factors as the Company, in its judgment, believes relevant, including the needs of the business.

• The Stockholders shall have the right, in its sole discretion, to designate in writing on Exhibit B hereto to Parent at any time prior to the Exchange Time specific Owned Shares held by the Stockholder that are intended to treated as Rollover Shares.

• Immediately upon such action by the Board of Directors (the "Exchange Time"), the right to exercise the Rights will terminate and each Right will thereafter represent only the right to receive a number of shares of Common Stock equal to the Exchange Ratio.

More Definitions of Exchange Time

Exchange Time means that an equivalent amount of time may be taken off with full pay. The exchange days may be taken on consecutive days unless an exception is mutually agreed upon. The regular ten- month or twelve-month payment schedule for an employee’s full-time salary will not be altered by any change of work schedule arranged as a result of this agreement.

Exchange Time means the time that the steps in Sections 2.2(b), 2.2(c), 2.2(d) and 2.2(e) occur.

Exchange Time means the time that the steps in Sections 2.2(b), (c), (d) and (e) occur.

Exchange Time means the time at which the right to exercise the Rights shall terminate pursuant to Section 3.1(c) hereof. "Exercise Price" shall mean, as of any date, the price at which a holder may purchase the securities issuable upon the exercise of one whole Right. Until adjustment thereof in accordance with the terms hereof the Exercise Price shall equal $30.00.

Exchange Time means the time immediately preceding the First Company Merger Effective Time. “Exchange Act” means the Securities Exchange Act of 1934, as amended.

Exchange Time means the time immediately preceding the First Company Merger Effective Time.

Exchange Time has the meaning set out in Section 1.1 of Schedule B.