Examples of Applicable Exchange Period in a sentence
When a Holder surrenders Notes for exchange, the Issuer may direct the Exchange Agent to surrender, on or prior to the commencement of the Applicable Exchange Period, such Notes to a financial institution designated by the Issuer for transfer in lieu of exchange.
By the close of business on the Trading Day immediately preceding the start of the Applicable Exchange Period, the Issuer will notify the Holder surrendering Debentures for exchange that the Issuer has directed the designated financial institution to accept the Debentures in lieu of exchange and such financial institution will be required to notify the Exchange Agent whether it will deliver, upon exchange, shares of Common Stock, cash or a specified combination thereof.
By the close of business on the Trading Day immediately preceding the start of the Applicable Exchange Period, the Issuer shall notify the Exchange Agent and the Holder surrendering Notes for exchange that the Issuer has directed the designated financial institution to accept the Notes in lieu of exchange and such financial institution will be required to notify the Exchange Agent whether it will deliver, upon exchange, shares of Common Stock, cash or a specified combination thereof.
The Operating Partnership may elect to deliver any portion of the Net Amount in cash (the "Net Cash Amount") or Company Common Shares, and any portion of the Net Amount the Operating Partnership elects to deliver in Company Common Shares (the "Net Shares") will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Exchange Period.
By the close of business on the Trading Day immediately preceding the start of the Applicable Exchange Period, the Issuer will notify the Holder surrendering Notes for exchange that the Issuer has directed the designated financial institution to accept the Notes in lieu of exchange and such financial institution will be required to notify the Exchange Agent whether it will deliver, upon exchange, shares of Common Stock, cash or a specified combination thereof.
The Issuer may elect to deliver any portion of the Net Amount in cash (the "Net Cash Amount") or Lexington Common Shares, and any portion of the Net Amount the Issuer elects to deliver in Lexington Common Shares (the "Net Shares") shall be the sum of the Daily Share Amounts for each Trading Day during the Applicable Exchange Period.
When a Holder surrenders Debentures for exchange, the Issuer may direct the Exchange Agent to surrender, on or prior to the commencement of the Applicable Exchange Period, such Debentures to a financial institution designated by the Issuer for transfer in lieu of exchange.