Cash Option Consideration definition

Cash Option Consideration means, in respect of each Vested Cash-Out Option, an amount in cash equal to (a) (i) the Common Per Share Amount, minus (ii) the applicable per share exercise price of such Vested Cash-Out Option multiplied by (b) the number of shares of Company Common Stock issuable upon exercise of such Vested Cash-Out Option as of immediately prior to the First Effective Time.
Cash Option Consideration means Cash, in an amount not to exceed $172 million (using the Exchange Rate, in the case of payments in respect of Existing 8.875% 2016 Notes) and representing the sum of (i) the aggregate purchase price of all Existing 2016 Notes accepted for exchange in the Cash Option and (ii) the full amount of the aggregate unpaid interest that has accrued on such accepted Existing 2016 Notes in accordance with the terms of the Existing 2016 Notes Indenture from December 2, 2012 to March 15, 2013.
Cash Option Consideration means, with respect to any share of Company Common Stock issuable under a particular Company Stock Option, an amount of cash equal to (x) the Net Exercise Amount of such Company Stock Option, multiplied by (y) the Per Share Merger Consideration, multiplied by (z) the Parent Share Price, in all cases as determined as of the Effective Time and solely with reference to the Company Pre-Closing Certificate and without further adjustment pursuant to Section 2.05.

Examples of Cash Option Consideration in a sentence

  • Prior to the Effective Time, the Company shall take all actions necessary (including actions by its board of directors) to provide for the conversion of Cash Converted Options into the Cash Option Consideration, and the termination of the Underwater Company Options without consideration, as set forth herein.

  • Except as otherwise provided below, the aggregate Cash Option Consideration shall be paid by the Surviving Company to the holders of the Cash Converted Options as soon as reasonably practicable after the Closing Date, but in no event later than ten (10) Business Days after the Closing Date.

  • The Option Payment Schedule will set forth, as of the Effective Time, (i) a list of all Company Stock Options, (ii) the holder of such Company Stock Option, (iii) the exercise price for such Company Stock Option, (iv) whether such Company Stock Option is vested or unvested as of prior to the Effective Time and (v) the amount of Cash Option Consideration payable to each holder.

  • The differential sum between the JV Consideration and the Cash Option Consideration is RM2,769,182.79, being the Early Payment Discount.

  • The lower Cash Option Consideration is due to the “Early Payment Discount” provided for in the Joint Venture agreement and disclosed in the Circular.


More Definitions of Cash Option Consideration

Cash Option Consideration means with respect to each Peoples Stock Option, a cash payment equal to the difference between (a) the dollar value of the Merger Consideration calculated using the Average Closing Price of BancTrust Common Stock and (b) the exercise price of such Stock Option as Previously Disclosed.
Cash Option Consideration has the meaning set forth in Clause 10.3;
Cash Option Consideration means, with respect to any share of Company Common Stock issuable under a particular Company Stock Option, an amount of cash equal to (x) the Net Exercise Amount of such Company Stock Option, multiplied by (y) the Per Share Merger Consideration, multiplied by (z) the Parent Share Price.
Cash Option Consideration shall have the meaning provided in Section 3.6 of this Agreement
Cash Option Consideration has the meaning given in Section 2.8(a).
Cash Option Consideration means an amount equal to (x) $100,000.00 for each calendar month beyond the Initial Option Period through October 31, 2000, and (y) $100,000.00 for each calendar month from November 1, 2000 through the Final Closing Date, if the Option Extension Conditions have been fulfilled on or before October 31, 2000 or any later Extended Option Expiration Date, as the case may be, or $250,000.00 if the Option Extension Conditions have not been so fulfilled. Cash Option Consideration for the period May 8, 2000 through May 31, 2000 shall be $100,000 and otherwise the Cash Option Consideration shall be prorated for any periods less than a full calendar month. As an example, and not as a limitation, if Associates fails to pay WJ at least $100,000.00 on or before May 7, 2000, the Option shall expire on May 7, 2000 unless on or before such date, Associates exercises the Option. If Associates pays $300,000.00 on or before May 7, 2000, the Extended Option Expiration Date will be August 7, 2000. If Associates then fails to exercise the Option on or before August 7, 2000 or pay additional Cash Option Consideration by such date, the Option will expire on such date. If the Option shall expire without being exercised, WJ shall retain all consideration for the Option and shall have no further obligation to implement the Short Term Amendment to Lease nor any further obligation hereunder and Associates shall have no further rights hereunder. As used herein, the term "OPTION EXTENSION CONDITIONS" shall mean either that: Associates shall have delivered to WJ each of the following: (I) a commitment signed by and binding on an institutional lender to provide financing for the acquisition of the Leased Land in an amount equal to at least the amount of the Purchase Price, subject to customary conditions; and (II) one or more leases satisfying the leasing commitments of the lender described in Clause (I) or a letter from such lender stating that such leasing requirements have been satisfied; and (III) evidence that the Palo Alto Architectural Review Board and Stanford have reviewed and approved the design for the improvements to be constructed on the Leased Land by Associates following the transfer of the Leased Land to Associates. All Cash Option Consideration actually received by WJ shall be applicable to the Purchase Price.
Cash Option Consideration means, with respect to any Eligible Option, an amount of cash equalto the Company Share Value less the exercise price of such Eligible Option.