Valence definition
Examples of Valence in a sentence
The addresses and facsimile numbers for such communications shall be: If to the Company: Valence Technology, Inc.
The provisions of this Agreement shall apply to each entity in which Valence owns 50% or more of the equity therein, and their successors and assigns (“Affiliates”) as if such entity was a party hereto.
Such Shipbroker shall be required to determine the fair market value of the Valence Interests and/or the unspecified terms on which the Partnership Group Member and CMRE are unable to agree within 30 calendar days of its engagement and furnish the Partnership Group Member and CMRE its determination.
This Agreement may be assigned by the Company or Valence if such assignment is accompanied by the sale of the stock of the Company or Valence, as applicable, or of substantially all of the assets of the Company or Valence, as applicable.
The agreements contained herein are valuable, bargained-for consideration, and the purchase of the Valence Shares by the Company as contemplated by the Stock Purchase Agreement described above is based in substantial part on the Company's reliance on the agreements set forth herein.
This option may be exercised, to the extent specified above, by delivering a notice of exercise (in a form designated by Valence) together with the exercise price to the Secretary of Valence, or to such other persons as Valence may designate, during regular business hours, together with such additional documents as Valence may then require.
If CMRE exercises such option within the Existing Option Exercise Period, the Existing Option Exercise Period shall be extended for a period of 30 calendar days from date of such exercise and the General Partner shall be permitted to revise the Existing Option Exercise Notice to reflect the potential purchase of the Substitute Vessel Interests instead of the Valence Interests.
This option is not an employment contract and nothing in this option shall be deemed to create in any way whatsoever any obligation on your part to continue in the employ of Valence.
In determining the fair market value of the Valence Interests and/or the unspecified terms on which the Valence Interests are to be sold, the Shipbroker will have access to the proposed sale and purchase values and terms for the Existing Option Exercise Notice submitted by the Partnership Group Member and CMRE, respectively, and to all information prepared by or on behalf of the Partnership Group Member and CMRE with respect to the Valence Interests and reasonably requested by such Shipbroker.
Any notices provided for in this option shall be given in writing and shall be deemed effectively given upon receipt or, in the case of notices delivered by Valence to you, five (5) days after deposit in the United States mail, postage prepaid, addressed to you at the address specified below or at such other address as you hereafter designate to written notice to Valence.