Exercisable Options definition

Exercisable Options. In respect of any Exercise Period (the “Relevant Exercise Period”), a number of Options equal to the lesser of:

Exercisable Options. In respect of each Exercise Period, a number of Options equal to the number of Convertible Notes surrendered to Counterparty for conversion with respect to such Exercise Period but no greater than the Number of Options.

Exercisable Options. In respect of each Exercise Period, a number of Options equal to the number of Convertible Notes surrendered to Counterparty for conversion with respect to such Exercise Period but no greater than the Number of Options. Expiration Time: The Valuation Time Expiration Date: December 15, 2020, subject to earlier exercise. Multiple Exercise: Applicable, as described under Exercisable Options above.

Examples of Exercisable Options in a sentence

• Multiple Exercise: Applicable, as described under Exercisable Options above.

• Exercisable Options may be exercised, in whole or in part, from time to time by giving written notice of exercise to the Company at its principal office, specifying the number of Common Shares to be purchased and accompanied by payment in full of the aggregate Option exercise price for such shares.

• Exercisable Options may be exercised, in whole or in part and from time to time, by giving notice of exercise to the Company at its principal office, specifying the number of shares to be purchased and accompanied by payment in full of the aggregate exercise price for such shares (except that, in the case of an exercise arrangement approved by the Committee and described in paragraph (4) below, payment may be made as soon as practicable after the exercise).

• Exercisable Options may be exercised in whole or in part with respect to any portion thereof that is exercisable.

• Upon receipt of any such Notice, Bank shall designate an Exchange Business Day as an Early Termination Date (such day to occur as close as practicable, in Bank’s commercially reasonable judgment, to the settlement date of the relevant Convertible Notes), with respect to the portion of this Transaction corresponding to number of such Exercisable Options so specified.

More Definitions of Exercisable Options

Exercisable Options. In respect of any Exercise Period (the “Relevant Exercise Period”), the lesser of (i) the number of Convertible Notes surrendered to Counterparty for conversion on the first day of the Relevant Exercise Period, and (ii) the Number of Options as of the first day of the Relevant Exercise Period; provided that if there are any other Exercisable Options as to which a prior Exercise Period has commenced but no Exercise Date has yet occurred which would thereby reduce the Number of Options as of the related Exercise Date (such other Exercisable Options, the “Other Exercisable Options”), then solely for the purposes of determining the number of Exercisable Options for the Relevant Exercise Period, the Number of Options on the first day of the Relevant Exercise Period shall be reduced by such Other Exercisable Options. Notwithstanding the foregoing, in no event shall the number of Exercisable Options exceed the Number of Options.

Exercisable Options. In respect of each Conversion Date, a number of Options equal to the number of Relevant Convertible Notes in denominations of USD 1,000 principal amount surrendered for conversion on such Conversion Date in accordance with the terms of the Indenture, subject to “Notice of Exercise” below, but no greater than the Number of Options. Free Convertibility Date: June 1, 2019.

Exercisable Options. In respect of each Conversion Date, a number of Options equal to the number of Relevant Convertible Notes in denominations of USD 1,000 principal amount surrendered for conversion on such Conversion Date in accordance with the terms of the Indenture, subject to “Notice of Exercise” below, but no greater than the Number of Options. Free Convertibility Date: December 1, 2016.

Exercisable Options. In respect of each Conversion Date, a number of Options equal to the number of Relevant Convertible Notes in denominations of USD 1,000 principal amount surrendered for conversion on such Conversion Date in accordance with the terms of the Indenture, subject to “Notice of Exercise” below, but no greater than the Number of Options. Free Convertibility Date: September 15, 2023 Exercise Period: The period from and including the Effective Date to and including the Expiration Date. Expiration Date: Notwithstanding anything to the contrary in section 3.1(f) of the Equity Definitions, “Expiration Date” shall mean the earlier of (x) the last day on which any Convertible Notes remain outstanding and (y) the second Scheduled Trading Day immediately preceding the “Maturity Date” (as defined in the Indenture).

Exercisable Options. In respect of each Exercise Date a number of Options equal to the number of Convertible Notes properly surrendered to Counterparty for conversion in respect of the relevant Conversion Date.

Exercisable Options. In respect of each Exercise Period, a number of Options equal to 25% of the number of Convertible Notes in denominations of USD1,000 principal amount surrendered to Counterparty for conversion with respect to such Exercise Period but no greater than the Number of Options.

Exercisable Options. In respect of any Exercise Period, the number of Convertible Notes surrendered to Counterparty for conversion on the first day of such Exercise Period (the “Related Convertible Notes” for such Exercisable Options). Notwithstanding the foregoing, in no event shall the number of Exercisable Options exceed the Number of Options.