Active Option definition

Active Option means a Firm or Non-Firm Contracted Option that is used to meet the energy requirements of the VIPP Supplier in the Payment Period. This Contracted Option shall incur the full Option Fee. This Contracted Option must be nominated as an Active Option;
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Examples of Active Option in a sentence

  • Upon expiration of the period for return of Tender Forms, the Trustee shall tender or not tender the Participant Directed Amount for each Active Option Plan Participant in accordance with such participant's Tender Form.

  • Each Active Option Plan Participant shall have until 4 days prior to the expiration of the relevant tender or exchange offer to return the Tender Form.

  • Modification of Active Option When the customer elects to redirect calls, the customer calls into the Telephone Company platform using a touch-tone telephone.

  • Each Active Option Plan Participant shall have 30 days to return the Instruction Form to the Trustee.

  • If the Trustee shall not receive timely instruction by means of a Tender Form as to the manner in which to respond to such a tender or exchange offer, the Trustee shall tender or exchange or not tender or exchange any shares of Company Stock with respect to which an Active Option Plan Participant has the right of direction, in the same proportion as the shares of Company Stock for which the Trustee is directed as provided above.

  • Each WAM Active Option provides holders with the opportunity, but not the obligation, to purchase one additional WAM Active share for$1.10 per Option, without incurring any brokerage fees.The Options can be exercised at any time, up until they expire on Monday 31 October 2022.

  • If Active Option Holder is >= 1, then the status will be set to Option.

  • Each Active Option Plan Partici- pant shall not be limited in the number of instructions to tender or withdraw from tender which he/she may give but shall not have the right to give instructions to tender or withdraw from tender after expiration of the period for re- turn of Tender Forms.

  • Above the "Active" Option Button, there is an empty location for a hidden button.

  • As this issue goes to press, we have one listing under contract with a kick-out clause (KO),two listings that are Active Option and another one that is Pending.

Related to Active Option

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Negative option feature means, in an offer or agreement to sell or provide any goods or services, a provision under which the customer’s silence or failure to take an affirmative action to reject goods or services or to cancel the agreement is interpreted by the seller as acceptance of the offer.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Employee Option means an Option granted pursuant to Section 5.

  • NQSO means any Option that is not an ISO.

  • SAR means a stock appreciation right granted under the Plan.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Director Option means an Option granted pursuant to Section 6.

  • Ten Percent Owner Optionee means an Optionee who, at the time an Option is granted to the Optionee, owns stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of a Participating Company within the meaning of Section 422(b)(6) of the Code.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • NSO means a stock option not described in sections 422 or 423 of the Code.