Option Transactions. If at any time the undersigned shall enter into any transaction for the purchase or resale of an option contract, the undersigned hereby agrees to abide by the rules of any national securities association, registered securities exchange, or clearing organization applicable to the trading of option contracts and, acting alone or in concert, will not violate the position or exercise limitation rules of any such association, exchange, the Options Clearing Corporation, or other clearing organization.
Option Transactions. Only upon receipt of Proper Instructions, the Sub-Custodian shall enter into option transactions in accordance with the provisions of any agreement among the Fund, the Custodian, and/or the Sub-Custodian and a broker-dealer.
Option Transactions. If at any time the Customer shall enter into any transaction for the purchase or resale of an option contract, the Customer hereby agrees to abide by the rules of any national securities association, registered securities exchange, or clearing organization applicable to the trading of option contracts and, acting alone or in concert, will not violate the position or exercise limitation rules of any such association or exchange or of the Options Clearing Corporation or other clearing organization.
Option Transactions. We currently do NOT offer foreign currency options.
Option Transactions. If at any time You shall enter into any transaction for the purchase or sale of an option contract, You hereby agree to first obtain from Your Introducing Financial Organization the then current disclosure statements of the Options Clearing Corporation and further agree to abide by the rules of any national securities association, registered securities exchange or clearing organization applicable to the trading of option contracts and acting alone or in concert, will not violate the position or exercise limitation rules of any such association or exchange or of the Options Clearing Corporation or other clearing organization.
Option Transactions. On or prior to July 23, 2008, TerreStar Parent may elect to effect one of the following transactions (the “Option Transactions”):
(a) TerreStar Parent may elect to contribute the Harbinger Spectrum to the JV and increase TerreStar Parent’s ownership interest in the JV such that each of TerreStar Parent and EchoStar hold 50% ownership interests in the JV, provided that in connection with the contribution,
(i) TerreStar Networks or TerreStar Parent shall enter into a lease agreement with the JV or amend the Initial Lease under which TerreStar Networks or TerreStar Parent would lease the Harbinger Spectrum as well as the EchoStar Spectrum on terms substantially the same as those under the Initial Lease; and
(ii) on the date of such contribution, EchoStar and TerreStar Parent shall enter into an amended and restated limited liability company agreement to set forth commercially reasonable governance terms to be agreed between them in good faith, reflecting the revised ownership structure; or
(b) TerreStar Parent may, subject to the terms and conditions set forth herein, elect to acquire EchoStar’s convertible preferred interest in the JV and indirectly acquire 100% ownership of the EchoStar Spectrum; in connection with such acquisition: (i) TerreStar Parent would acquire the special purpose corporate entity owned by EchoStar which will hold EchoStar’s JV interest and (ii) TerreStar Parent would issue to EchoStar or its designee 30,000,000 shares of common stock, par value $.01 per share, of TerreStar Parent (the “TerreStar Parent Shares”).
Option Transactions. (a) The purchase price for each of the issued and outstanding Options from the Optionholders shall be an amount, in cash, equal to the Per Share Purchase Price MINUS the exercise price for such Option (the "PER OPTION PURCHASE PRICE").
(b) On the basis of the representations, warranties, covenants and agreements and subject to satisfaction or waiver of the terms and conditions set forth herein, each of the Optionholders agrees to and will consummate, at the Closing, the following transactions (the "OPTION PURCHASE TRANSACTIONS"): each Optionholder shall sell, assign, transfer and convey to Buyer, and Buyer shall purchase and acquire from each Optionholder, all of the Options held by each Optionholder set forth opposite such Optionholder's name on the attached OPTIONHOLDERS SCHEDULE against payment at the Closing of the Closing Per Option Purchase Price (as defined in Section 1.06(a) below) for each Option, it being understood that Buyer's payment obligations are as set forth in Sections 1.02, 1.05, 1.06 and 1.07(b)(i) and (ii).
Option Transactions. Customer understands that some exchange clearing houses have established exercise requirements for the tender of exercise instructions and that options will become worthless in the event that Customer does not deliver instructions by such expiration times. At least two business days prior to the first notice day in the case of long positions in futures or forward contracts, and at least two business days prior to the last trading day in the case of short positions in open futures or forward contracts or long and short positions in options, Customer agrees that Customer will either give Capitist instructions to liquidate or make or take delivery under such futures or forward contracts, or to liquidate, exercise, or allow the expiration of such options, and will deliver to Capitist sufficient funds and/or any documents required in connection with exercise or delivery. If such instructions or such funds and/or documents, with regard to option transactions, are not received by Capitist prior to the expiration of the option, Capitist may permit an option to expire. Customer also understands that certain exchanges and clearinghouses automatically exercise some “in the-money” options unless instructed otherwise. Customer acknowledges full responsibility for taking action either to exercise or to prevent exercise of an option contract, as the case may be; Capitist is not required to take any action with respect to an option, including without limitation any action to exercise a valuable option contract prior to its expiration to prevent the automatic exercise of an option, except upon Customer’s express instructions. Customer further understands that Capitist also has established exercise cut-off times which may be different from the times established by the contract markets in clearing houses. In the event that timely exercise and assignment instructions are not given, Customer hereby agrees to waive any and all claims for damage or loss Customer might have against Capitist arising out of the fact that an option was or was not exercised. Customer understands that Capitist randomly assigns exercise notices to Customers, that all short option positions are subject to assignment at any time, including positions established on the same day that exercises are assigned, and that exercise assignment notices are allocated randomly from among all Customers' short option positions which are subject to assignment.
Option Transactions. 3 1.05 Escrow. . . . . . . . . . . . . . . . . . . . . . . . . . . .3 1.06
Option Transactions. 3 1.05 Escrow...................................................................................3 1.06
