Exercise definition

Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;
Exercise of an Option means expression of an intention by an Employee to the Company to purchase the Shares underlying the Options vested in him, in pursuance of the Plan, in accordance with the procedure laid down by the Company for Exercise of Options.
Exercise means the exercise by a Transferee or his Nominee(s) of the Option pursuant to the terms of this Agreement;

Examples of Exercise in a sentence

  • No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise be required.

  • Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date on which the final Notice of Exercise is delivered to the Company.

  • Before taking any action which would result in an adjustment in the number of Warrant Shares for which this Warrant is exercisable or in the Exercise Price, the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory body or bodies having jurisdiction thereof.

  • For purposes of any such exercise, the determination of the Exercise Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration issuable in respect of one share of Common Stock in such Fundamental Transaction, and the Company shall apportion the Exercise Price among the Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration.

  • As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.


More Definitions of Exercise

Exercise means the act whereby the buyer (the “Holder”) of an Options Contract chooses to Exercise its right to buy or sell the Underlying to the seller (the “Writer”) under the terms of the Options Contract and will receive Settlement on those terms;
Exercise means the exercise of the Equity Call Option or Assets Call Option by the WFOE.
Exercise means physical exertion of large muscle groups.
Exercise means a Holder's right to exercise the Securities, in accordance with Product Condition 3;
Exercise means the discharge of an official duty or function.
Exercise means making of an application by an Employee to the Company for issue of Equity Shares, against Vested Options in pursuance of the ESOP 2021, in accordance with the procedure laid down by the Company for such exercise.
Exercise. Prior to the Distribution Date, the Rights will not be exercisable. After the Distribution Date, each Right will be exercisable to purchase, for $100.00 (the "Purchase Price"), one one-thousandth of a share of Series A Participating Cumulative Preferred Stock, par value 1.00 per share, of the Company.