Corporation Option definition

Corporation Option means an option to acquire Corporation Class A Shares awarded pursuant to a Corporation MSOP.
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Corporation Option means the option of the Corporation for the period of 12 calendar months following the Issue Date to require each purchaser named in the Purchase Agreement to purchase either additional Notes or additional shares of Series B Preferred Stock for an aggregate purchase price not to exceed $25,000,000, all in accordance with the Purchase Agreement.’
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Examples of Corporation Option in a sentence

  • As of the date of this Agreement, the Principal Competitors are: Lincare Holdings, Inc.; Rotech Healthcare, Inc.; American HomePatient, Inc.; Coram Healthcare Corporation; Option Care, Inc.; Pacific Pulmonary Services Corporation; LifeCare Solutions, Inc.; and the home healthcare businesses of Air Products & Chemicals, Inc.

  • PMI Insurer(s): Mortgage Guaranty Insurance Corporation, PMI Mortgage Insurance Co. and Republic Mortgage Insurance Company Interest Rate Swap Counterparty: HSBC Bank USA, National Association Interest Rate Cap Counterparty: HSBC Bank USA, National Association Servicer(s): GMAC Mortgage Corporation, Aurora Loan Services LLC, JPMorgan Chase Bank, National Association, HomEq Servicing Corporation, Option One Mortgage Corporation and ▇▇▇▇▇ Fargo Bank, N.A. Originator(s): BNC Mortgage, Inc.

  • The Corporation agrees to give Founder (or his estate) notice of its intent to exercise the Corporation Option within ninety (90) days of the date of such Discontinuation Event and to pay for those shares for which it exercises such Corporation Option as follows: 3/24ths of the total price within 90 days of the date of the Discontinuation Event, with the balance to be paid in equal monthly installments over the next succeeding twenty-one months.

  • Subject to Section 12 hereof, the Corporation hereby grants to the Optionee, pursuant to the Option Plan, an option (the "Option") to purchase from the Corporation Option Shares, at a purchase price of $2.625 per Option Share (the "Option Price").

  • Schedule 4.2 sets forth, as of the date of this Agreement, the name of each holder of a Corporation Option, the number of shares of Corporation Stock covered thereby, the exercise price per share thereunder and the expiration date thereof.

  • If there shall be any change in the Common Stock of the Corporation through merger, consolidation, reorganization, recapitalization, stock dividend, stock split, combination or exchange of shares, or the like, the restrictions contained in this Section 16 shall apply with equal force to additional and/or substitute securities, if any, received by the Optionee in exchange for, or by virtue of his or her ownership of, Corporation Option Shares.

  • This Agreement constitutes the entire agreement of the parties hereto respecting the subject matter hereof and supersedes all prior agreements, understandings and discussions, whether oral or written, of the parties, except the ABC Corporation Option and Shareholder Agreement which may be entered into between the Executive and ABC Corporation.

  • All outstanding Corporation Options shall remain exercisable for the period determined by the Corporation Board of Directors (or the Compensation Committee of the Board of Directors) and any Corporation Option that has not been exercised by the holder thereof prior to expiration of such period (which shall in any event expire prior to the Effective Time) shall then terminate at the Effective Time.

  • If any or all of such Corporation Option Shares are not sold pursuant to an Offer within the time permitted above, the unsold Corporation Option Shares shall remain subject to the terms of this Section 16.

  • In the event any Surviving Corporation Option into which a vested TK Newco Option converts pursuant to the Business Combination Agreement is fully exercised or expires, forfeits or is terminated or cancelled by its terms, the corresponding Company Option shall automatically, without any action on the part of any party hereto, be cancelled.