exercisable
Adjective
Meaning
That may be exercised, used, or exerted.
Source: Webster's dictionarySynonyms
Examples
In relation to the sale of land, for example, two sets of legal relationships exist alongside one another: the contractual right to sue for damages, and the property right exercisable over the land.
He has the power, exercisable at his discretion, to institute, conduct or discontinue any proceedings for an offence, other than proceedings before a Syariah court, a native court or a court-martial.
The Series A warrants, which total 4.8 million each, are exercisable at a price of $73.44 per unit between now and September of 2024.
The Offer is being made for 61,657,432 Shares, or such greater number of Shares as equals 50.1% of the Shares outstanding plus the Shares issuable upon the exercise of the then exercisable stock options as of the Expiration Date.
Each Warrant is exercisable into one Common Share (a “Warrant Share”) at an exercise price to be determined in the context of the market.
Section (b) also provides that: "The writ of habeas corpus shall remain available and exercisable at all times and shall not be suspended on account of any state of emergency.