Examples of Conditional Option in a sentence
If the Committee shall have so determined to grant such new options on such a conditional basis ("New Conditional Options"), no such New Conditional Option shall become exercisable in the absence of such employee's consent to the condition and surrender and cancellation as appropriate.
If the Committee shall have so determined to grant such new options on such a conditional basis (“New Conditional Options”), no such New Conditional Option shall become exercisable in the absence of such employee’s consent to the condition and surrender and cancellation as appropriate.
If the Committee shall have so determined to grant such new options on such a conditional basis ("New Conditional Options"), no such New Conditional Option shall become exercisable in the absence of such optionee's consent to the condition and surrender and cancellation as appropriate.
For the avoidance of doubt, each Conditional Option may only be exercised in whole and not in part.
All the outstanding Common Stock and Series A Preferred are, and all shares of Common Stock which may be issued pursuant to the exercise of outstanding options or Company Warrants or the outstanding Biovail Conditional Option or the outstanding Biovail Option or upon conversion of the outstanding Convertible Note have been duly authorized and reserved for issuance and, when issued in accordance with the respective terms thereof, will be duly authorized, validly issued, fully paid and nonassessable.
For the avoidance of doubt, each Conditional Option may only be exercised or settled in shares of Company Common Stock and no net settlement or cash settlement shall be permitted hereunder.
Family Types: Family types mean the following: nonelderly, nondisabled families; elderly families; disabled families; or other specially defined target populations.All sites, or only specific sites.
For the avoidance of doubt, each Conditional Option may only be settled in shares of Company Common Stock and no net settlement or cash settlement shall be permitted hereunder.
Boeing agrees to share one-half of the escalation up to a maximum of 3 percent per year in each of the years 1997 and 1998, as more fully described in paragraph 2 below, for any of Buyer's aircraft which are scheduled to deliver after December 31, 1996 (to include the twelve Firm, twelve Option and 24 Conditional Option Aircraft that are the subject of the Agreement).
The Company hereby grants the Purchaser a Conditional Option (the “Conditional Option”) to purchase additional Company Common Stock in an amount equal to one third of the New Shares rounded up or down, as the case may be, to the nearest whole share.