Security Options Sample Clauses

Security Options a. The underlying security; b. The price at which purchased or sold; c. The expiration date; d. The number of contracts; e. The exercise price; f. Whether the transaction is an opening, exercising, expiring or closing transaction; g. Whether the transaction involves a put or call; h. Whether the option is written or purchased; i. Market on which option traded; and j. Name and address of the broker or dealer through whom the sale or purchase was made.
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Security Options. (a) As security for the performance of its obligations under this Agreement, the Training Provider may, subject to Clause 9.1(b), elect to provide either of the following forms of security package:
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Security Options a. The underlying security; b. The price at which purchased or sold;
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Security Options. To secure payment for rents, fees, charges, and payments required hereunder, Company will comply with one (1) of the following two (2) options prior to commencing operations hereunder and maintain such security in effect during the Term of this Agreement:
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Security Options. ARTICLE 8
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Security Options. 33 4.10 TAX MATTER.........................................................................................33
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Security Options. (a) Upon and after the Effective Time each unexercised SECURITY Option outstanding immediately prior to the Effective Time will be assumed by RELIASTAR in a manner that will cause RELIASTAR to be a corporation "assuming a stock option in a transaction to which Section 424(a) applies" within the meaning of Section 422(a)(2) of the Code or, to the extent that Section 422 of the Code does not apply to the option, would cause RELIASTAR to be such a corporation if Section 422 of the Code were applicable to the option. The SECURITY Options assumed by RELIASTAR will be exercisable upon the same terms and conditions as under the applicable SECURITY Option Plan or the governing option agreements (taking into account, without limitation, provisions under which the exercisability of options would be accelerated on account of the transactions contemplated hereby), as the case may be, except that (i) the option shall be exercisable for that number of shares of RELIASTAR Common as would have been received pursuant to Section 1.6(b) at the Effective Time of the Merger for the shares of SECURITY Common Stock subject to the option had the option been exercisable and exercised immediately prior to the Effective Time, and any fractional share of RELIASTAR Common Stock shall be settled at the time the option is exercised by a cash payment equal to the fair market value of such fractional share, and (iii) the exercise price per share of RELIASTAR Common Stock issuable upon the exercise of the option shall be an amount equal to the option price per share of the SECURITY Common Stock in effect immediately prior to the Effective Time, divided by the Exchange Ratio, rounded upward to the nearest full cent; provided that in no event shall the Merger be deemed an event that terminates the option.
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Security Options. LimeLight shall have a one time option, during the first [ * ] following the Start of Service Date of this Agreement, upon [ * ] days prior written notice to Global Crossing to modify its payment Due Date (Section 3.7 hereunder) to one of the following options: OPTIONS DUE DATE REQUIRED SECURITY ------- -------- ----------------- Option 1 [ * ] Security deposit equaling [ * ] of LimeLight's prior month's Invoice total, or Option 2 [ * ] Security deposit equaling [ * ] of LimeLight's prior month's Invoice total Any written notice to Global Crossing from LimeLight requesting such modification shall be accepted at Global Crossing's sole discretion, and only with Global Crossing's written approval, which approval shall not be unreasonably withheld. Then, upon Global Crossing's receipt of the required security LimeLight's Due Date shall be adjusted appropriately via amendment format with LimeLight's new Due Date commencing in LimeLight's next full Billing Cycle following execution of the amendment by Global Crossing. Provided LimeLight maintains good payment history with Global Crossing, then, in the event LimeLight exceeds its Monthly Credit Limit, Global Crossing may, at any time, require additional security of its choice from LimeLight in an amount equal to [ * ] of LimeLight's usage above the Monthly Credit Limit as a condition to continuing to provide Service to LimeLight. Should LimeLight's payment history be less than desirable in Global Crossing's sole judgment, then Global Crossing may require additional security if LimeLight's charges for the Services are projected to exceed its Monthly Credit Limit (based on Global Crossing's measurement of LimeLight's daily usage run rate) or does exceed it Monthly Credit Limit, in an amount that equals LimeLight's prior month's Invoiced amount, as a condition to continuing to provide Service to LimeLight. Any additional security provided by LimeLight to Global Crossing in compliance with the above listed requirements shall be provided within [ * ] of LimeLight's receipt of Invoice (if the security is to be other than a letter of credit and within [ * ] if the security is to be a letter of credit). Security shall be provided in the form of either: 1) a cash deposit, or 2) an irrevocable, stand-by letter of credit (LOC) from a financial institution and in a format acceptable to Global Crossing. Cash deposits shall bear interest at the rate for telephone security deposits set by the Public Utility/Public Service Commi...
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Related to Security Options

  • Additional Options The NYS Contract Price for Additional Options offered under the Contract in accordance with Section III.2.7 Additional Options, shall be the Additional Options NYS Discount listed on the Contract Pricelist, or higher, applied to the MSRP on the current OEM Data Book or Contractor-Published Pricelist, as applicable. See Section III.1.2

  • The Options The unissued Shares issuable upon the exercise of options (the “Options”) to be exercised by certain of the Selling Stockholders (the “Optionholders”) have been duly authorized by the Company and validly and reserved for issuance, and at the time of delivery to the Underwriters with respect to such Shares, such Shares will be issued and delivered in accordance with the provisions of the Stock Option Agreements between the Company and such Selling Stockholders pursuant to which such Options were granted (the “Option Agreements”) and will be validly issued, fully paid and non-assessable and will conform to the description thereof in Pricing Disclosure Package and the Prospectus.

  • Company Options “Company Options” shall mean all options to purchase Shares (whether granted by the Company pursuant to the Company Equity Plans, assumed by the Company in connection with any merger, acquisition or similar transaction or otherwise issued or granted).

  • Exercisability Schedule No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

  • Commencement of Exercisability (a) Subject to Sections 3.1(b), 3.1(c) and 3.3, the Option shall become vested and exercisable in such amounts and at such times as are set forth in the Grant Notice.

  • Treatment of Company Options Prior to the Effective Time, the Board of Directors of the Company (or, if appropriate, any committee thereof) shall adopt appropriate resolutions and take all other actions necessary and appropriate to provide that, at the Effective Time, each unexpired and unexercised Company Option shall become fully vested and exercisable and shall be cancelled and, in exchange therefor, each former holder of any such cancelled Company Option shall be entitled to receive, in consideration of such cancellation, payments in cash (subject to any applicable withholding or other Taxes required by applicable Law to be withheld) equal to the product of (i) the total number of shares of Common Stock previously subject to such Company Option multiplied by (ii) the amount by which the Option In-The-Money Amount, calculated as of the Effective Time and recalculated, if applicable, in connection with any recalculation of the Common Merger Consideration, exceeds the exercise price of such Company Option (for the avoidance of doubt, without duplication of any amounts previously paid to holders of such Company Options in accordance herewith). Any such amount payable hereunder with respect to any Company Option shall be referred to as an “Option Payment”, and the aggregate of all such amounts payable hereunder shall be referred to as the “Option Payments”. At or prior to the Effective Time, Parent will make available to the Surviving Corporation the cash to be delivered in respect of the Option Payments based on the calculation of the Common Merger Consideration at the Effective Time (the “Closing Option Payments”). Option Payments following the Effective Time shall be made on or about the same dates, and subject to the same terms, as payments of the Merger Consideration to the holders of Company Capital Stock. Any Company Options shall no longer be exercisable by the former holder thereof, but shall only entitle such holder to the payment of the applicable Option Payments in accordance with this Section 2.6(d), which for the avoidance of doubt includes the right to receive payments in connection with any Excess Payment or any release of funds from the General Escrow Account or the Equityholders’ Representative Escrow Account. At the Effective Time, all Company Option Plans shall be terminated and no further Company Options shall be granted thereunder. The Company will use commercially reasonable efforts to cause each holder of Company Options to enter into a written agreement effectuating the foregoing, and the payment of the Option Payment to each holder of Company Options shall be subject to such holder’s execution and delivery of such agreement in the form attached hereto as Exhibit D (such agreement, an “Option Holder Letter”).

  • Renewal Options The State requires two (2) five (5) year options to renew with thirty (30) days advance written notice to the Landlord to exercise such option based on the terms and conditions defined in the Initial Lease. Please outline the rental rate for said option periods.

  • Share Options With respect to the share options (the “Share Options”) granted pursuant to the share-based compensation plans of the Company and its subsidiaries (the “Company Share Plans”), (i) each Share Option intended to qualify as an “incentive stock option” under Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), so qualifies, (ii) each grant of a Share Option was duly authorized no later than the date on which the grant of such Share Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required shareholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Share Plans, the Exchange Act, and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange (the “Exchange”), and (iv) each such grant was properly accounted for in accordance with IFRS in the financial statements (including the related notes) of the Company. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Share Options prior to, or otherwise coordinating the grant of Share Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Options Unless otherwise mutually agreed among the Parties, the Interconnection Customer shall select the In-Service Date, Initial Synchronization Date, and Commercial Operation Date; and either Standard Option or Alternate Option set forth below for completion of the Participating TO's Interconnection Facilities and Network Upgrades as set forth in Appendix A, Interconnection Facilities, Network Upgrades, and Distribution Upgrades, and such dates and selected option shall be set forth in Appendix B, Milestones.

  • Call Options (a) If the Executive's employment with the Company or any of its subsidiaries terminates for any of the reasons set forth in clauses (i), (ii) or (iii) below prior to a Sale of the Company, or if the Executive engages in Competitive Activity (as defined in Section 9.1 of this Agreement), for any Units issued 181 days or more prior to the date of Executive's termination of employment or engagement in Competitive Activity, within 120 days after such date (or in the case of Units issued 180 days or less prior to such date or at any time after such date, no earlier than 181 days and no later than 271 days after the date of issuance of such Units), Dairy Holdings shall have the right and option to purchase, and the Executive and the Executive's Permitted Transferees (hereinafter referred to as the "Executive Group") shall be required to sell to Dairy Holdings, any or all of such Units then held by such member of the Executive Group (it being understood that if Units of any class subject to repurchase hereunder may be repurchased at different prices, Dairy Holdings may elect to repurchase only the portion of the Units of such class subject to repurchase hereunder at the lower price), at a price per unit equal to the applicable purchase price determined pursuant to Section 7.2(c):

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