Voluntary Exercise definition

Voluntary Exercise means the voluntary exercise by a holder of the Equity Commitment Document described in clause (b) of such definition pursuant to the terms thereof during the Equity Commitment Period.
Voluntary Exercise is defined as any exercise which is not forced.
Voluntary Exercise means any exercise of the Issuance Right that is not (i) an Automatic Exercise, (ii) a Mandatory Exercise or (iii) a Designation Issuance Exercise.

Examples of Voluntary Exercise in a sentence

  • Any delivery of Notes by the Company to the Trust as contemplated by the Facility Agreement upon any exercise of the Issuance Right (including any Voluntary Exercise, Automatic Exercise or Mandatory Exercise) will be effected by increasing the principal amount of the Initial Note Certificate and recording such increase in the Schedule of Increases and Decreases attached to the Initial Note Certificate and the Security Register.

  • Voluntary Exercise of Securities Options in a Public Offering...................................


More Definitions of Voluntary Exercise

Voluntary Exercise means any exercise of the Issuance Right that is not an Automatic Exercise or a Mandatory Exercise.
Voluntary Exercise has the meaning set forth in the Facility Agreement.

Related to Voluntary Exercise

  • Exercise Right means the Exercise Right as specified in § 3 (1) of the Special Conditions.

  • Automatic Exercise Applicable; and means that for each Expiration Date, a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised at the Expiration Time on such Expiration Date.

  • Cash Exercise with respect to Warrant Shares; and/or

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).