Examples of Exercise of Rights in a sentence
Exercise of Rights and Powers-AMBAC may, in its absolute discretion, exercise or fail to exercise any option, vote, right, power or the like it may have as holder or registered owner of an Insured Instrument with respect to which it has made payment.
Following receipt by the Issuer of a Counterparty Reserved Matter Veto Notice, the Issuer shall not proceed with such Proposed Exercise of Rights and shall have no responsibility to Instrumentholders in respect of the same.
Any partial exchange shall be effected pro rata based on the number of Rights (other than Rights which have become void as provided in Section 7(e) (Exercise of Rights; Purchase Price; Expiration Date of Rights -- Termination of Acquiring Person's Rights)) held by each holder of Rights.
Underlying Securities Through Exercise of Rights Any acquisition or disposition of securities through the exercise of rights, options (including Wells Fargo & Co employee stock options), convertible bonds, or other instruments acquired in compliance with this Code.
Accordingly, this Rights Certificate and the Rights represented hereby may become null and void in the circumstances specified in Section 7(e) (Exercise of Rights; Purchase Price; Expiration Date of Rights -- Termination of Acquiring Person's Rights) of such Agreement.