Examples of Initial Expiration Time in a sentence
If the Stockholder acquires Shares after the date hereof, the Stockholder shall (A) tender or cause to be tendered such Shares on or before the fifth Business Day prior to the Initial Expiration Time or, if later, on or before the Business Day after such acquisition but in any event prior to the Expiration Time, and (B) not withdraw such Shares, or cause such Shares to be withdrawn, from the Offer at any time.
Each Stockholder shall duly tender to Merger Sub during any Subsequent Offering Period provided by Merger Sub in accordance with the terms of the Offer, all of the Subject Shares, if any, which shall have been issued after the Initial Expiration Time.
The Company shall use reasonable best efforts to obtain from each holder of an Option that is outstanding and unexercised at the Effective Time a written consent to the cancellation of the Option immediately prior to the Effective Time in exchange for the receipt of the consideration set forth in the prior sentence, all such written consents to be delivered to the Company (and a copy provided to Parent) prior to the Initial Expiration Time.
Parent may not, without the express written consent of the Company, extend the Offer beyond the Initial Expiration Time.
The term "Expiration Time" means the Initial Expiration Time or, if the Tender Offer is extended, the latest date and time to which the Tender Offer is so extended by the Offeror.
Following the date of this Agreement and prior to the Initial Expiration Time, the Company Board shall take such actions as shall be required to terminate the Equity Plan, subject to and effective as of the first “subsequent offering period” set forth in Section 1.1(f).
The Option may be exercised only one time prior to the Initial Expiration Time and only one time after the Initial Expiration Time (and in any case during the Option Period).
Prior to the Initial Expiration Time and subject to the foregoing, the Company shall take all steps requested by Parent to ensure that no holder of any Company Option shall have the right to acquire any of the Surviving Corporation’s equity securities (or other interests in respect thereof) at any time following the Effective Time.
If Xxxxxx acquires Shares after the date hereof, Xxxxxx shall (A) tender or cause to be tendered such Shares on or before the fifth Business Day prior to the Initial Expiration Time or, if later, on or before the Business Day after such acquisition but in any event prior to the Expiration Time, and (B) not withdraw such Shares, or cause such Shares to be withdrawn, from the Offer at any time.
The Company has agreed to use reasonable best efforts to obtain from each holder of Options that are outstanding and unexercised at the Effective Time a written consent to the cancellation of the Option immediately prior to the Effective Time and to deliver all such written consents to the Company (and a copy provided to Parent) prior to the Initial Expiration Time.