Agent Options definition

Agent Options shall have the meaning ascribed to it on the second page of this Agreement;
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Agent Options means the options in the capital stock of the Company issued to each of Canaccord, Cormark and KES 7 on October 19, 2018 with an expiry date of October 19, 2020, such options exercisable, in the aggregate, for up to 151,752 common shares of capital stock at an exercise price of C$12.00.
Sample 1
Agent Options means the agent compensation options issued to the Agents on closing of the Concurrent Financing as described below under “Part I – The Issuer –Concurrent Financing”;
Sample 1

Examples of Agent Options in a sentence

  • Share issue costs included cash payments of $467,444 comprised of 7% broker commission plus legal fees and the issuance of 3,153,214 Agent Options valued at $181,002 using the Black-Scholes option pricing model with the following assumptions: a 2-year expected average life, share price of $0.11; 100% volatility; risk-free interest rate of 0.28%; and an expected dividend yield of 0%.

  • In connection with the issue and sale of the subscription receipts as part of the brokered private placement on March 30, 2021, the agents were provided with a total of 386,424 Compensation Options entitling the holder to purchase one common share at the Subscription Price of CAD$2.10 for a period of 24 months ("Agent Options").Agent Options and the number of Agent Options outstanding are summarized below.

  • The value associated to Agent Options has been included in share-based payment reserve.

  • The Units purchasable under the Placement Agent Options will be identical to the Units sold to the Subscribers.

  • The Placement Agent Options have been duly authorized and validly issued, and the Common Stock and Warrants issuable upon exercise of the Placement Agent Options and the Common Stock issuable upon exercise of the Warrants, when issued and paid for, will be validly issued, fully paid and non-assessable, and the holders thereof will not be subject to personal liability by reason of being such holders.

  • The Placement Agent Option will contain registration rights with respect to the shares underlying the Placement Agent Options and Warrants issuable upon exercise of the Placement Agent Options identical to the registration rights granted to the Subscribers in the Offering.

  • All corporate action required to be taken for the authorization, issuance and sale of the Common Stock, included in the Units, the Warrant Shares and the shares of Common Stock underlying the Placement Agent Options and the Warrants issuable thereunder have been duly and validly taken.

  • All corporate action required to be taken for the authorization, issuance and sale of the Units, Common Stock, Warrants and Warrant Shares and Placement Agent Options has been duly and validly taken.

  • The Selling Agent Options will be exercisable for cash and have a term of five years from the Effective Date.

  • In connection with the July Offering, the Company paid finders’ fees to registered dealers by the issuance of: (a) an aggregate of 248,300 Common Shares with a value of $37,245; and (b) non-transferable share purchase options (Agent Options) entitling such registered dealers to acquire 248,300 Common Shares on the same terms as the Warrants.


More Definitions of Agent Options

Agent Options has the meaning given to it in Section 14 of this Agreement;
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Related to Agent Options

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Investment Options means the investment options, as determined from time to time by the Committee, used to credit earnings, gains and losses on Account balances.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

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

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Replacement Option has the meaning ascribed thereto in Section 2.2(c).

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Applicable Stock means (i) the Company’s presently authorized series of preferred stock specified in the introductory paragraph of this Warrant, (ii) after the conversion of all of the outstanding shares of such series of preferred stock into Common Stock, either automatically or by vote of the requisite holders thereof, the Company’s Common Stock, and (iii) upon any conversion, exchange, reclassification or change, any security into which the securities described in clauses (i) or (ii) of this definition may be converted, exchanged, reclassified or otherwise changed.

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Excepted Issuances means, collectively, (a) Company’s issuance of securities in connection with strategic license agreements and other partnering arrangements so long as any such issuances are not for the purpose of raising capital and in which holders of such securities or debt are not at any time granted registration rights, and (b) Company’s issuance of Common Stock or the issuance or grant of options to purchase Common Stock to employees, directors, officers and consultants, authorized by Company’s board of directors pursuant to plans or agreements which are authorized, constituted or in effect as of the Issue Date.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Other Available Shares means, as of any date, the sum of:

  • Maximum Potential Additional Dividend Liability, as of any Valuation Date, means the aggregate amount of Additional Dividends that would be due if the Corporation were to make Retroactive Taxable Allocations, with respect to any fiscal year, estimated based upon dividends paid and the amount of undistributed realized net capital gains and other taxable income earned by the Corporation, as of the end of the calendar month immediately preceding such Valuation Date and assuming such Additional Dividends are fully taxable.

  • Exempt Issuances has the meaning set forth in Section 6.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Best available control technology or “BACT” means an emissions limitation, including a visible emissions standard, based on the maximum degree of reduction for each regulated NSR pollutant which would be emitted from any proposed major stationary source or major modification which the reviewing authority, on a case-by-case basis, taking into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combination techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 567—subrules 23.1(2) through 23.1(5) (standards for new stationary sources, federal standards for hazardous air pollutants, and federal emissions guidelines), or federal regulations as set forth in 40 CFR Parts 60, 61 and 63 but not yet adopted by the state. If the department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard or combination thereof may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation and shall provide for compliance by means which achieve equivalent results.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Additional Stock means any shares of Common Stock issued (or deemed to have been issued pursuant to subsection 4(d)(i)(E)) by this corporation on or after the Filing Date other than:

  • Best available science means current scientific information used in the process to designate, protect, or restore critical areas, that is derived from a valid scientific process as defined by WAC 365-195-900 through 365-195-925.