Issue of Options. 3.1 At the time of issue of the Options to the Noteholder, there will be no restriction on the ability of the Company to issue the Options that will not have been validly waived.
Issue of Options. By no later than 5 Business Days following receipt of the required approval under clause 3.1, the Company must:
Issue of Options. The Company will issue the Options to the Employee on or about the date of this Deed.
Issue of Options. (a) In consideration of, among other things, the Original Lenders providing the Term Loan Facility, the Parent must, and the Borrower must procure that the Parent will, grant the Original Lenders (each in the name of its custodian) the Options and will issue to each Original Lender a Holding Statement for the relevant Options on or before:
Issue of Options. (a) In consideration of, amongst other things, the Original Lender providing the Facility, the Parent must, and the Borrower must procure that the Parent will, grant the Original Lender the Options by issuing to the Original Lender a Holding Statement for the relevant Options on or before the date of Financial Close (Options Issue Date).
Issue of Options. 1.3 Subject to receipt of Securityholder Approval, the Company agrees, subject to the terms and conditions of this Deed and in consideration for their subscription for Notes, to issue to each Noteholder on the Subscription Date the Options in their respective Option Allocation.
Issue of Options. 2. The Company issues the Options and the Employee agrees to subscribe for the Options free of charge on the terms and conditions set out in this Deed.
Issue of Options. 3.1 Issue of Options to BTI
Issue of Options. 3.1 The parties acknowledge and agree that, consistent with clauses 23.3(a) and 23.3(b) of the Agreement, the precise number of Options to be issued to the Grantee is subject to, and will be determined based on whether, the Company at its next annual general meeting receives the General Approval and / or the Specific Approval.
Issue of Options. 5.1 The Company will issue Shares in accordance with any valid exercise of an Option which is received on or before 12.00 noon on the Business Day prior to the Scheme Record Date.