Condition of Exercise. As a condition to any exercise of this Warrant, the Holder shall represent and warrant as to its status as an "accredited investor" under the Securities Act of 1933, as amended (the "Act"), by delivering the subscription form attached hereto (together with the appendix attached thereto).
Condition of Exercise. Unless exercised pursuant to an effective --------------------- registration statement under the Act which includes the Shares so exercised, it shall be a condition to any exercise of this Warrant that the Company shall have received, at the time of such exercise, a representation in writing from the Holder in the form attached hereto as Exhibit A-1, that the Shares being issued ----------- upon exercise are being acquired for investment and not with a view to any sale or distribution thereof.
Condition of Exercise. As a condition of exercise, the Participant shall be required to certify, in a manner and a form acceptable to the Company, in its sole discretion, that the Participant is in compliance with the terms and conditions of the Plan and that the Participant has not engaged in, and does not intend to engage in, any behavior that would result in a Termination for Cause (as determined by the Committee in its sole discretion), as applicable.
Condition of Exercise. The Optionee agrees that upon an exercise of this Option, as a condition to the issuance of Common Shares resulting therefrom, the Optionee shall agree to become a party to any shareholders' agreement then in existence between Healthology, Inc. and its Shareholders. In the event the Optionee fails or refuses to comply with this condition, this Option may become null and void in the sole discretion of the Board.
Condition of Exercise. It shall be a condition of exercise of the Option that the Site Concept Plans shall have been completed pursuant to Section 1.3.3 above.
Condition of Exercise. Notwithstanding anything in this Agreement to the contrary, in order to be entitled to the consideration set forth in this Agreement and to have this Agreement become effective, Consultant must return an executed copy of this Agreement to the Company (in the same form as that provided to the Consultant) no later than the close of business on March 11, 2016. If an executed copy of the Agreement is not provided by such time, this Agreement shall be revoked by the Company and the Agreement shall be void
Condition of Exercise. Optionee may exercise the option set forth in this Agreement if, and only if, it is not in material default under any of the terms and conditions of this Agreement, or in its obligation to pay Base Rent under that certain "Lease Agreement" executed concurrently herewith.
Condition of Exercise. Tenant may exercise this option only if at the time and date of the exercise notice Tenant is not in default under the lease. If the lease is terminated prior to the end of the lease term because of Tenant's default, then this option shall terminate upon termination of the lease. If this lease terminates prior to the end of the lease term for any reason other than the Tenant's default, then the Tenant shall have the right to exercise this option for a period of thirty (30) days after termination. 3.
Condition of Exercise. 6.1.1.- The purchase option may be exercised within the four months following the occurrence of any of the following: 1) A substantial change in the current management team of TELEFONICA INTERACTIVA, S.A., substantial change being understood to mean a change in the presidency of Grupo TELEFONICA; 2) the elimination of TELEFONICA INTERACTIVA, S.A. as a line of business of Grupo TELEFONICA; 3) a change of strategy by TELEFONICA S.A. involving the disappearance or significant loss of importance of the business related to Internet service provision in terms of Grupo TELEFONICA activities, with respect to the current situation; 4) a reorganization of Grupo TELEFONICA making TELEFONICA INTERACTIVA, S.A. subordinate to another business unit and not the presidency of Grupo, as is currently the case, and involving a strategic change with respect to the business of Grupo TEKNOLAND, 5) a change in the corporate purpose of TELEFONICA INTERACTIVA, S.A. with the [left margin] illegible signatures 12 disappearance or significant loss of its current activity, 6) another operator taking control of Grupo TELEFONICA, and 7) the passage of 40 months from the time interest is acquired, without TELEFONICA INTERACTIVA, S.A. having exercised its purchase option provided for in the FOURTH previous agreement and without TELEFONICA INTERACTIVA, S.A., or the company into which the interest in Grupo TEKNOLAND is integrated, having been the object of an OPV. The passage of the aforementioned 40 months shall not be necessary if TELEFONICA INTERACTIVA, S.A. has firmly and irrevocably agreed to not formulate an OPV with respect to itself or the company into which Grupo TEKNOLAND has been integrated.
Condition of Exercise. The Landlord is not obliged to grant a new lease if an Event of Default has occurred and has not been remedied or waived by the Landlord.
