Exercise Event definition

Exercise Event shall have the meaning ascribed to such term in Section 2(c).

Exercise Event shall occur for purposes of this Agreement upon the occurrence of any event or circumstance which, pursuant to the terms of Section 8.05(c) of the Merger Agreement, entitles IVAX to the payment by Bergen of the amount specified therein.

Exercise Event means the occurrence of any of (i) a Parent Triggering Event (as such term is defined in the Merger Agreement), (ii) (A) the public announcement of an acquisition or purchase by any person or "group" (as defined under Section 13(d) of the Exchange Act and the rules and regulations thereunder) of more than a 30% beneficial ownership interest in the total outstanding voting securities of Parent or any of its subsidiaries; or (B) the public announcement or commencement of any tender offer or exchange offer that if consummated would result in any person or "group" beneficially owning 30% or more of the total outstanding voting securities of Parent or any of its subsidiaries.

Examples of Exercise Event in a sentence

• General Instrument Condition 9(b) is applicable.50.Exercise Period:Not Applicable.51.Specified Exercise Dates:Not Applicable.52.Expiration Date:If: (i) an Automatic Early Exercise Event does not occur on any Applicable Date, the Latest Reference Date in respect of the Final Reference Date; or (ii) an Automatic Early Exercise Event occurs on any Applicable Date, the Latest Reference Date in respect of such Applicable Date.

• The notification must to the widest extent possible be provided in reasonable time within the completion of the Exercise Event.

• The board of directors may decide that the exercise of warrants is subject to or commences immediately prior to the completion of the Exercise Event.

• In the event that the Company’s general meeting adopts a resolution to merge with one or more companies, with the Company as the non-surviving company, the Company's board of directors is entitled (i) to pass a resolution as to the merger constituting an Exercise Event, cf.

• The provisions set out in clause 4.2 shall apply correspondingly, including clause 4.2.5 concerning balance settlement, however, the balance will be calculated on the basis of the value of the share upon the completion of the Exercise Event.

More Definitions of Exercise Event

Exercise Event means any of the events giving rise to the obligation of the Company to pay the $50 million fee under Section 9.5 of the Merger Agreement.

Exercise Event means any event as a result of which Parent is unconditionally entitled to receive a termination fee pursuant to Section 8.5(b) of the Merger Agreement. Notwithstanding the termination of the Option, Parent shall be entitled to purchase the Shares with respect to which it has exercised the Option in accordance with the terms hereof prior to the termination of the Option.

Exercise Event shall occur for purposes of this Agreement upon the occurrence of any event or circumstance which obligates the Grantor, or, in the case of Section 9.05(c)(ii) of the Merger Agreement, may obligate the Grantor in the event a Competing Transaction is consummated within the 12-month period referred to therein, to pay to the Grantee any amount specified pursuant to Section 9.05 of the Merger Agreement.

Exercise Event means any of the events giving rise to the obligation of the Company to pay the Termination Fee under Section 8.3 of the Merger Agreement.

Exercise Event means the earliest to occur of (i) the completion of an underwritten public offering of Capital Stock of the Company, (ii) a class of equity securities of the Company is listed on a national securities exchange or authorized for quotation on the Nasdaq National Market or is otherwise subject to registration under the Exchange Act, or (iii) the Separation Date.

Exercise Event means, with respect to each Warrant, the date of the earliest of: (1) the seventh day prior to the occurrence of a Change of Control, (2) the consummation of a Public Equity Offering, (3) the 90th day prior to May 15, 2006 (unless extended pursuant to Section 2.05 of the Warrant Agreement) and (4) the seventh day prior to a Tag-Along Event as defined in the Warrant Agreement.

Exercise Event means, in respect of a Valuation Date other than the Final Valuation Date, WOk is greater than or equal to the relevant Potential Exercise Levelk (as set out in Annex 2), as determined by the Calculation Agent.