Common use of Right to Extend Clause in Contracts

Right to Extend. Dealer may postpone or add, in whole or in part, any Expiration Date or any other date of valuation or delivery with respect to some or all of the relevant Warrants (in which event the Calculation Agent shall make appropriate adjustments to the Daily Number of Warrants with respect to one or more Expiration Dates) if Dealer determines, in good faith and in its commercially reasonable judgment, that such extension is reasonably necessary or appropriate to preserve Dealer’s commercially reasonable hedging or commercially reasonable hedge unwind activity hereunder in light of existing liquidity conditions or to enable Dealer to effect transactions in Shares in connection with its commercially reasonable hedging, commercially reasonable hedge unwind or settlement activity hereunder in a manner that would, if Dealer were Issuer or an affiliated purchaser of Issuer, be in compliance with applicable legal, regulatory or self-regulatory organization requirements, or with related policies and procedures applicable to Dealer.

Appears in 10 contracts

Samples: Letter Agreement (Atlas Air Worldwide Holdings Inc), Letter Agreement (Atlas Air Worldwide Holdings Inc), Letter Agreement (Atlas Air Worldwide Holdings Inc)

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Right to Extend. Dealer may postpone or add, in whole or in part, any Expiration Date Valid Day or Valid Days during the Settlement Averaging Period or any other date of valuation valuation, payment or delivery by Dealer, with respect to some or all of the relevant Warrants Options hereunder, if Dealer reasonably determines (in which event the Calculation Agent shall make appropriate adjustments to the Daily Number case of Warrants with respect to one or more Expiration Datesclause (ii), based on advice of counsel) if Dealer determines, in good faith and in its commercially reasonable judgment, that such extension action is reasonably necessary or appropriate (i) to preserve Dealer’s commercially reasonable hedging or commercially reasonable hedge unwind activity hereunder in light of existing liquidity conditions or (ii) to enable Dealer to effect transactions in Shares in connection with its commercially reasonable hedging, commercially reasonable hedge unwind or settlement activity hereunder in a manner that would, if Dealer were Issuer Counterparty or an affiliated purchaser of IssuerCounterparty, be in compliance with applicable legal, regulatory or self-regulatory organization requirements, or with related policies and procedures applicable to Dealer.

Appears in 10 contracts

Samples: Atlas Air Worldwide Holdings Inc, Atlas Air Worldwide Holdings Inc, Atlas Air Worldwide Holdings Inc

Right to Extend. Dealer may postpone or add, in whole or in part, any Expiration Date Valid Day or Valid Days during the Settlement Averaging Period or any other date of valuation valuation, payment or delivery by Dealer, with respect to some or all of the relevant Warrants (in which event the Calculation Agent shall make appropriate adjustments to the Daily Number Options hereunder, if Dealer reasonably determines, based on advice of Warrants counsel with respect to one or more Expiration Datesclause (ii) if Dealer determinesbelow only, in good faith and in its commercially reasonable judgmentdiscretion, that such extension action is reasonably necessary or appropriate (i) to preserve Dealer’s commercially reasonable hedging or commercially reasonable hedge unwind activity hereunder in light of existing liquidity conditions or (ii) to enable Dealer to effect transactions in purchases of Shares in connection with its commercially reasonable hedging, commercially reasonable hedge unwind or settlement activity hereunder in a manner that would, if Dealer were Issuer Counterparty or an affiliated purchaser of IssuerCounterparty, be in compliance with applicable legal, regulatory or self-regulatory organization requirements, or with related policies and procedures applicable to Dealer.

Appears in 6 contracts

Samples: Cepheid, Cepheid, Cepheid

Right to Extend. Dealer may postpone or add, in whole or in part, any Expiration Date or any other date of valuation or delivery with respect to some or all of the relevant Warrants (in which event the Calculation Agent shall (acting in good faith and in a commercially reasonable manner) make appropriate adjustments to the Daily Number of Warrants with respect to one or more Expiration Dates) if Dealer determines, in good faith and in its commercially reasonable judgment, that such extension is reasonably necessary or appropriate to preserve Dealer’s commercially reasonable hedging or commercially reasonable hedge unwind activity hereunder in light of existing liquidity conditions or to enable Dealer to effect transactions in purchases of Shares in connection with its commercially reasonable hedging, commercially reasonable hedge unwind or settlement activity hereunder in a manner that would, if Dealer were Issuer or an affiliated purchaser of Issuer, be in compliance with applicable legal, regulatory or self-regulatory organization requirements, or with related policies and procedures applicable to Dealer.

Appears in 4 contracts

Samples: Letter Agreement (Aceto Corp), Letter Agreement (Aceto Corp), Letter Agreement (Aceto Corp)

Right to Extend. Dealer may postpone or add, in whole or in part, any Expiration Date Valid Day or Valid Days during the Settlement Averaging Period or any other date of valuation valuation, payment or delivery by Dealer, with respect to some or all of the relevant Warrants (in which event the Calculation Agent shall make appropriate adjustments to the Daily Number of Warrants with respect to one or more Expiration Dates) Options hereunder, if Dealer determines, reasonably and in good faith and determines, based on the advice of counsel in its commercially reasonable judgment, the case of the immediately following clause (ii) that such extension action is reasonably necessary or appropriate (i) to preserve Dealer’s a commercially reasonable hedging or commercially reasonable hedge unwind activity hereunder in light of existing liquidity conditions or (ii) to enable Dealer to effect transactions in with respect to Shares in connection with its a commercially reasonable hedging, commercially reasonable hedge unwind or settlement activity hereunder in a manner that would, if Dealer were Issuer or an affiliated purchaser of Issuer, be in compliance with applicable legal, regulatory or self-regulatory organization requirements, or with related policies and procedures applicable to Dealer.

Appears in 4 contracts

Samples: Ironwood Pharmaceuticals Inc, Ironwood Pharmaceuticals Inc, Ironwood Pharmaceuticals Inc

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Right to Extend. Dealer may postpone or add, in whole or in part, any Expiration Date Valid Day or Valid Days during the Settlement Averaging Period or any other date of valuation valuation, payment or delivery by Dealer, with respect to some or all of the relevant Warrants (in which event the Calculation Agent shall make appropriate adjustments to the Daily Number of Warrants with respect to one or more Expiration Dates) Options hereunder, if Dealer determines, reasonably and in good faith and determines, based on the advice of counsel in its commercially reasonable judgmentthe case of the immediately following clause (ii), that such extension action is reasonably necessary or appropriate (i) to preserve Dealer’s commercially reasonable hedging or commercially reasonable hedge unwind activity hereunder in light of existing liquidity conditions or (ii) to enable Dealer to effect transactions in with respect to Shares in connection with its commercially reasonable hedging, commercially reasonable hedge unwind or settlement activity hereunder in a manner that would, if Dealer were Issuer or an affiliated purchaser of Issuer, be in compliance with applicable legal, regulatory or self-regulatory organization requirements, or with related policies and procedures applicable to Dealer.

Appears in 2 contracts

Samples: Wright Medical Group Inc, Wright Medical Group Inc

Right to Extend. Dealer may postpone or add, in whole or in part, any Expiration Date Valid Day or Valid Days during the Settlement Averaging Period or any other date of valuation valuation, payment or delivery by Dealer, with respect to some or all of the relevant Warrants (in which event the Calculation Agent shall make appropriate adjustments to the Daily Number of Warrants with respect to one or more Expiration Dates) Options hereunder, if Dealer determines, reasonably and in good faith and determines, based on the advice of counsel in its commercially reasonable judgmentthe case of the immediately following clause (ii), that such extension action is reasonably necessary or appropriate (i) to preserve Dealer’s commercially reasonable hedging or commercially reasonable hedge unwind activity hereunder in light of existing liquidity conditions or (ii) to enable Dealer to effect transactions in with respect to Shares in connection with its commercially reasonable hedging, commercially reasonable hedge unwind or settlement activity hereunder in a manner that would, if Dealer were Issuer or an affiliated purchaser of Issuer, be in compliance with applicable legal, regulatory or self-regulatory organization requirements, or with related policies and procedures applicable to Dealer.. EXECUTION VERSION

Appears in 1 contract

Samples: Wright Medical Group N.V.

Right to Extend. Dealer may postpone or add, in whole or in part, any Expiration Date or any other date of valuation or delivery with respect to some or all of the relevant Warrants (in which event the Calculation Agent shall make appropriate adjustments to the Daily Number of Warrants with respect {00050289;1} 20 to one or more Expiration Dates) if Dealer determines, in good faith and in its commercially reasonable judgment, that such extension is reasonably necessary or appropriate to preserve Dealer’s commercially reasonable hedging or commercially reasonable hedge unwind activity hereunder in light of existing liquidity conditions or to enable Dealer to effect transactions in purchases of Shares in connection with its commercially reasonable hedging, commercially reasonable hedge unwind or settlement activity hereunder in a manner that would, if Dealer were Issuer or an affiliated purchaser of Issuer, be in compliance with applicable legal, regulatory or self-regulatory organization requirements, or with related policies and procedures applicable to Dealer.

Appears in 1 contract

Samples: Letter Agreement (Molina Healthcare Inc)

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