Breach Call Option definition

Breach Call Option has the meaning assigned to such term in Section 5.2(a).
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Breach Call Option has the meaning assigned to such term in Section 5.2(a). “Breach Call Price” has the meaning assigned to such term in Section 5.2(a). “Breach Put Notice” has the meaning assigned to such term in Section 5.2(a). “Breach Put Option” has the meaning assigned to such term in Section 5.2(a). “Breach Put Price” has the meaning assigned to such term in Section 5.2(a).
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Examples of Breach Call Option in a sentence

  • If the Breaching Shareholder cures the Material Breach that gave rise to the Breach Call Option or Breach Put Option prior to receiving a Breach Call Notice or Breach Put Notice from the non-Breaching Shareholder, the non-Breaching Shareholder shall no longer have the right to exercise the Breach Call Option (or the Breach Put Option) in respect of such Material Breach in question.

  • If this Agreement is terminated by a Party for any of the reasons set forth in Section 14.2(a)(i), 14.2(a)(iii) or 14.2(b)(iii), then the terminating Party shall have the right to require the breaching Party to sell all or any portion of its Shares (the “Breach Call Option Shares”) to the terminating Party or its designee at seventy percent (70%) of the FMV of such Breach Call Option Shares held by the breaching Party.

  • A contract for the sale and purchase of the Breach Call Option Shares shall be deemed to have been entered into upon the dispatch of written notice by the terminating Party to the breaching Party.

  • Payment for the Shares shall be due within sixty (60) days of the completion of the appraisal of the FMV of Breach Call Option Shares or of the issuance of any Government Approval required for the sale and purchase, whichever occurs later.

Related to Breach Call Option

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Repurchase Response Notice means a notice delivered by the Indenture Trustee at the direction of the Administrator to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Repurchase Request As defined in Section 2.03(g).

  • Arbitration Notice has the meaning set forth in Section 9.13.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Mediation Notice is defined in Section 6.2(b).

  • Put Right has the meaning set forth in Section 8.05(a).

  • Transferable development right means a right to develop and use land that

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

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

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.