Option Time definition
Examples of Option Time in a sentence
Notwithstanding the termination of the Option, Time Warner and Sony will be entitled to exercise their rights pursuant to this Section 6 if they have exercised such rights in accordance with this Section 6 prior to the termination of the Option.
Notwithstanding the termination of the Option, Time Warner and Sony will be entitled to purchase Option Shares if they have exercised the Option in accordance with the terms hereof prior to the termination of the Option, and the termination of the Option will not affect any rights hereunder which by their terms do not terminate or expire prior to or as of such termination.
In connection with any such issuance and sale by the Corporation, the Corporation or the Representatives shall have the right to postpone the First Time of Delivery or the Option Time of Delivery, as the case may be, for a period not exceeding two business days in order to effect any required changes in any documents or arrangements.
In addition, in the event that any or all of the Option Securities are purchased by the Underwriters, payment of the purchase price for, and delivery of certificates for, such Option Securities shall be made at the above-mentioned offices and in accordance with the terms set forth above, or at such other place as shall be agreed upon by the Representatives and the Company, on each Option Time of Delivery as specified in the notice from the Representatives to the Company.
In the event the Underwriters exercise their right pursuant to the Over-Allotment Option to purchase Additional Shares in whole or in part and from time to time, the Corporation hereby agrees to sell to the Underwriters and the Underwriters agree to purchase that number of Additional Shares requested, at the Over-Allotment Option Time of Closing.
If any of the conditions set forth in Section 6.03 of this Agreement have not been satisfied by 5:00 PM New York time on April 30, 2019 (the “Seller Option Time”), this Agreement may be terminated and the transactions contemplated by this Agreement may be abandoned by the SELLER, at its option, for any reason or no reason, at any time after the Seller Option Time.
The Underwriters’ Fee is payable at the Time of Closing and Over-Allotment Option Time of Closing, as the case may be, in consideration of the services to be rendered by the Underwriters as described herein.
Temporary Layoff Severance Option Time Off Administration ...................................................................
Neither the giving nor the failure by an Underwriter to give notice under this section shall in any way affect the entitlement of the Underwriters to exercise their rights under this article at any time prior to or at the Time of Closing or the Over-Allotment Option Time of Closing (as the case may be).
The Company agrees that this resignation will be treated as removal from the Company’s Board without cause for purposes of determining the vesting of the Option and the Time Based RSUs and associated Dividend Equivalents and the service requirement for Performance Based RSUs and associated Dividend Equivalents (collectively the Option, Time Based RSUs, Performance Based RSUs and their respective Dividend Equivalents are the “2015 Grants”) pursuant to Section 5(b) of the Ambac Financial Group, Inc.