The Exercise Notice definition

The Exercise Notice shall set forth an amount expressed in dollars and without contingencies (the "Valuation"), which amount shall be used to calculate, in accordance with Section 4.1(g)(ii) hereof, the Purchase Price. The Valuation is intended to represent the amount that would be payable for 100% of the Interests of the Company. Within 15 calendar days after the Exercise Notice is given, the Offeree may give notice to the Offeror of its irrevocable, unconditional (except as provided herein) and binding election either:
The Exercise Notice. (a) must identify the Lot(s) to be acquired by Buyer pursuant to the Exercise Notice; (b) must specify a Closing Date for the purchase of the designated Lot(s); and (c) must specify any title objections (in which case the Exercise Notice shall be accompanied by a copy of Buyer's title commitment and the documents forming the basis of the title objection). The Closing Date must be during the current Option Period. The selection of Lots designated for purchase in the Exercise Notice shall be at Buyer's sole discretion, provided that all Lots remaining subject to the Option and any Outlots have access to a public road right-of-way and municipal utilities.
The Exercise Notice shall: (i) be signed by Executive; (ii) state the number of Option Shares with respect to which the Option is being exercised; (iii) be accompanied by a certified or cashier's check made payable to the Company in the amount of the Exercise Price multiplied by the number of Option Shares being purchased (unless utilization of the Cashless Exercise Option set forth below applies); and (iv) otherwise comply with the terms and conditions of this Agreement. No partial exercise of this Option shall be for less than one (1) Option Share. Payment may be made either in:

Examples of The Exercise Notice in a sentence

  • The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares.

  • The Exercise Notice will be completed by Participant and delivered to the Company.

  • The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares, together with any applicable tax withholding.

  • The Exercise Notice will be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares together with any applicable tax withholding.

  • The Exercise Notice shall be completed by the Optionee and delivered to the Company.

  • The Exercise Notice shall be signed by the Optionee and shall be delivered in person or by certified mail to the Secretary of the Company.

  • The Exercise Notice shall be delivered in person, by mail, via electronic mail or facsimile or by other authorized method to the Secretary of the Company or other person designated by the Company.

  • The Exercise Notice is, subject to Section 11 of the Issue Specific Conditions, irrevocable and binding.

  • The Exercise Notice shall be completed by the Optionee and delivered to the Secretary of the Company.

  • The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Shares exercised.


More Definitions of The Exercise Notice

The Exercise Notice shall: (i) be signed by Executive; (ii) state the num-ber of Option Shares with respect to which the Option is being exercised; (iii) be accompanied either by cash or certified or cashier's check made payable to the Company in the amount of the Exercise Price multiplied by the number of Option Shares being purchased or by a written instruction from Executive to the Company instructing the Company to retain that number of Option Shares for which the Option is being exercised having a Fair Market Value equal to the aggregate Exercise Price; and (iv) unless otherwise provided herein, be accompanied by a stock power (in the form attached hereto as EXHIBIT A) for the Option Shares with respect to which the Option is being exercised duly executed by Executive but not dated (the "Stock Power") and (v) otherwise comply with the terms and conditions of this Agreement. No partial exercise of this Option shall be for less than one (1) Option Share.
The Exercise Notice shall define the specific portion of the shares to be purchased from Party B and/or Party C or the assets to be purchased from Party D (hereinafter referred to as the "Purchased Shares (Asset)) and the purchase method.
The Exercise Notice shall: (i) be signed by Optionee; (ii) state the number of Option Shares with respect to which the Option is being exercised; (iii) be accompanied either by cash or certified or cashier's check made payable to the Company in the amount of the Exercise Price multiplied by the number of Option Shares being purchased or by a written instruction ITom Optionee to the Company instructing the Company to retain that number of Option Shares for which the Option is being exercised having a Fair Market Value equal to the aggregate Exercise Price; and (iv) otherwise comply with the terms and conditions of this Agreement. No partial exercise of this Option shall be for less than one hundred (100) Option Shares.
The Exercise Notice shall: (a) state the number of Shares with respect to which the Award is being exercised; (b) be signed by the holder of the Award or by the person authorized to exercise the Award pursuant to Section 6.1(c) and (c) include such other information, instruments and documents as may be required to satisfy any other condition to exercise set forth in the Award Agreement. Except as provided below, payment in full, in cash or check, shall be made for all Shares purchased at the time notice of exercise of an Award is given to the Company. The proceeds of any payment shall constitute general funds of the Company. At the time an Award is granted or before it is exercised, the Committee, in the exercise of its sole discretion, may authorize any one or more of the following additional methods of payment:

Related to The Exercise Notice

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Notice of Exercise means a notice in writing addressed to the Company at its address first recited, which notice shall specify therein the number of Optioned Shares in respect of which the Option is being exercised;

  • Election to Exercise shall have the meaning ascribed thereto in Clause 2.2(d)(ii);

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Option Exercise Period has the meaning set forth in Section 5.3(c).

  • Make-Whole Exercise Solely for purposes of this Section 6.2, the “Redemption Fair Market Value” shall mean the volume weighted average price of the Ordinary Shares for the ten (10) trading days immediately following the date on which notice of redemption pursuant to this Section 6.2 is sent to the Registered Holders. In connection with any redemption pursuant to this Section 6.2, the Company shall provide the Registered Holders with the Redemption Fair Market Value no later than one (1) Business Day after the ten (10) trading day period described above ends. Redemption Date Redemption Fair Market Value of Class A ordinary shares (period to expiration of warrants) <10.00 11.00 12.00 13.00 14.00 15.00 16.00 17.00 >18.00 60 months 0.261 0.280 0.297 0.311 0.324 0.337 0.348 0.358 0.361 57 months 0.257 0.277 0.294 0.310 0.324 0.337 0.348 0.358 0.361 54 months 0.252 0.272 0.291 0.307 0.322 0.335 0.347 0.357 0.361 51 months 0.246 0.268 0.287 0.304 0.320 0.333 0.346 0.357 0.361 48 months 0.241 0.263 0.283 0.301 0.317 0.332 0.344 0.356 0.361 45 months 0.235 0.258 0.279 0.298 0.315 0.330 0.343 0.356 0.361 42 months 0.228 0.252 0.274 0.294 0.312 0.328 0.342 0.355 0.361 39 months 0.221 0.246 0.269 0.290 0.309 0.325 0.340 0.354 0.361 36 months 0.213 0.239 0.263 0.285 0.305 0.323 0.339 0.353 0.361 33 months 0.205 0.232 0.257 0.280 0.301 0.320 0.337 0.352 0.361 30 months 0.196 0.224 0.250 0.274 0.297 0.316 0.335 0.351 0.361 27 months 0.185 0.214 0.242 0.268 0.291 0.313 0.332 0.350 0.361 24 months 0.173 0.204 0.233 0.260 0.285 0.308 0.329 0.348 0.361 21 months 0.161 0.193 0.223 0.252 0.279 0.304 0.326 0.347 0.361 18 months 0.146 0.179 0.211 0.242 0.271 0.298 0.322 0.345 0.361 15 months 0.130 0.164 0.197 0.230 0.262 0.291 0.317 0.342 0.361 12 months 0.111 0.146 0.181 0.216 0.250 0.282 0.312 0.339 0.361 9 months 0.090 0.125 0.162 0.199 0.237 0.272 0.305 0.336 0.361 6 months 0.065 0.099 0.137 0.178 0.219 0.259 0.296 0.331 0.361 3 months 0.034 0.065 0.104 0.150 0.197 0.243 0.286 0.326 0.361 0 months — — 0.042 0.115 0.179 0.233 0.281 0.323 0.361 The exact Redemption Fair Market Value and Redemption Date may not be set forth in the table above, in which case, if the Redemption Fair Market Value is between two values in the table or the Redemption Date is between two redemption dates in the table, the number of Ordinary Shares to be issued for each Warrant exercised in a Make-Whole Exercise will be determined by a straight-line interpolation between the number of shares set forth for the higher and lower Redemption Fair Market Values and the earlier and later redemption dates, as applicable, based on a 365- or 366-day year, as applicable. The share prices set forth in the column headings of the table above shall be adjusted as of any date on which the number of shares issuable upon exercise of a Warrant or the Warrant Price is adjusted pursuant to Section 4 hereof. In the event of a Warrant Price adjustment pursuant to Section 4.3, the adjusted share prices in the column headings shall equal the share prices immediately such adjustment, multiplied by a fraction, the numerator of which is the Warrant Price after such adjustment and the denominator of which is the Warrant Price immediately after such adjustment. In such an event, the number of shares in the table above shall be adjusted by multiplying such share amounts by a fraction, the numerator of which is the number of shares deliverable upon exercise of a Warrant immediately prior to such adjustment and the denominator of which is the number of shares deliverable upon exercise of a Warrant as so adjusted. If the Warrant Price is adjusted pursuant to Section 4.4, the adjusted share prices set forth in the column headings of the table above shall be multiplied by a fraction, the numerator of which is the higher of the Market Value and the Newly Issued Price and the denominator of which is $10.00. In no event will the number of shares issued in connection with a Make-Whole Exercise exceed 0.361 Ordinary Shares per Warrant (subject to adjustment).

  • Broker Exercise Notice means a written notice pursuant to which a Participant, upon exercise of an Option, irrevocably instructs a broker or dealer to sell a sufficient number of shares or loan a sufficient amount of money to pay all or a portion of the exercise price of the Option and/or any related withholding tax obligations and remit such sums to the Company and directs the Company to deliver stock certificates to be issued upon such exercise directly to such broker or dealer.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Warrant Exercise Price means $0.04 per share.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Option Exercise Date has the meaning specified in Section 2.1.

  • Initial Warrant Exercise Date means __________, 1997.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Renewal Option has the meaning set forth in §12.1.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Exercise Form means an Exercise Form in the form annexed hereto as Exhibit A.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

  • Blackout Notice has the meaning set forth in Section 2.01(d).