Examples of First Purchase Period in a sentence
In the event of a Termination for any reason, the Company shall have the right to purchase all of the Covered Options, and shall have 60 days from the date of the Grantee's Termination (the "First Purchase Period"), during which to deliver an Exercise Notice to the Grantee (or if the Termination resulted from the Grantee's death, his estate) of its election to exercise such right to purchase all or any of such Covered Options.
Notwithstanding the foregoing, unless the Committee determines otherwise, the First Offering Period and First Purchase Period shall each commence on January 4, 2021 and the First Offering Period and First Purchase Period shall each end on March 31, 2021.
The First Purchase Period shall end on the same date as the end of the First Offering Period which shall be the last day of the Company's fiscal quarter during which the First Offering Date occurred.
Notwithstanding the foregoing, the First Offering Period (and First Purchase Period) shall commence on the first business day on which price quotations for the Company's Common Stock are available on the New York Stock Exchange.
The First Purchase Period shall end on September 30, 2005 and there was no Offering Period commencing on April 1, 2005.
The Parties agree that the aggregate amount of Included Services purchased by SBC and its Affiliates during the period from January 1, 2005 through and including April 30, 2005 is $98,819,657, and that $91,572,946 of such amount has been paid to WilTel on or prior to the Effective Date and the Purchase Commitment for the First Purchase Period is hereby reduced by such $91,572,946 previously paid to WilTel.
Notwithstanding the foregoing, unless the Committee determines otherwise, the First Offering Period and First Purchase Period shall each commence on October 3, 2011 and the First Offering Period and First Purchase Period shall each end on March 30, 2012.
The corporation shall have, within the thirty (30) days next following the receipt by it of such notice of Purchase Event (hereinafter referred to as the "First Purchase Period"), an option to purchase all or any part of the share or shares referred to in said notice from the holder or holders thereof at the price per share and upon the terms hereinafter stated.
The Initial Offering shall consist of four (4) Purchase Periods with the First Purchase Period of the Initial Offering ending on ____________ [approximately six (6) months following the IPO Date].
The maximum number of Shares which any Participant is permitted to purchase during a First Purchase Period is determined by the following formula: A/B = XAs an example of the foregoing, if the Closing Price on the first day of a First Purchase Period is $50.00 (B), X would equal 500 ($25,000/$50 = 500).