Converted Parent Option definition

Converted Parent Option has the meaning set forth in Section 3.4(a).
Converted Parent Option has the meaning set out in section 2.2(b);

Examples of Converted Parent Option in a sentence

  • The exercise price per Parent Common Share subject to any such Converted Parent Option (the “Converted Parent Option Exercise Price”) will be an amount (rounded up to the nearest whole cent) equal to the quotient of (A) the exercise price per TMB Common Share subject to such TMB Option immediately prior to the Effective Time and (B) the Share Exchange Ratio, expressed in U.S. dollars based on the noon buying rate of the Bank of Canada on the last trading day immediately preceding the Effective Date.

Related to Converted Parent Option