Exercise Options definition

Exercise Options. The lesser of (i) the Number of Options and (ii) a number of Options equal to the Conversion Rate (but without regard to any provision in the Indenture allowing the Counterparty to unilaterally increase the Conversion Rate, without the occurrence of a Potential Adjustment Event) of Convertible Notes surrendered to Counterparty for conversion times the number of such Convertible Notes.
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Exercise Options. In respect of any Exercise Period, a number of Options, as specified in Counterparty’s notice of exercise, no greater than the lesser of (i) the remaining Number of Options as of the relevant Exercise Date and (ii) the number of Convertible Notes surrendered to Counterparty for conversion. Notwithstanding the foregoing, for any Exercise Period beginning on and following the twenty-third scheduled Exchange Business Day prior to the maturity date of the Convertible Notes, the Exercise Options, in respect of Convertible Notes surrendered for conversion, shall be equal to the lesser of (i) the number of Convertible Notes surrendered to the Counterparty for conversion in respect of such Exercise Period divided by two (2) and (ii) the result of the following formula: CNC x ( NO ) CNO where, CNC = The number of Convertible Notes surrendered to Counterparty for conversion in respect of such Exercise Period; NO = The Number of Options remaining (without giving effect to any exercise of Options for such Exercise Period); and CNO = The number of Convertible Notes outstanding (without giving effect to any conversion of Convertible Notes for such Exercise Period). provided that:
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Exercise Options. A number of Options equal to the Conversion Rate (but without regard to any adjustment under Section 13.08 and Section 13.13 of the Indenture) of Additional Convertible Notes surrendered to Counterparty for conversion times the number of such Additional Convertible Notes.
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Examples of Exercise Options in a sentence

  • Settlement Date: For any Exercise Options relating to the conversion of Convertible Notes, the settlement date for Shares to be delivered under such Convertible Notes under the terms of the Indenture.

  • Please request pre-clearance for a transaction by giving a copy of the Advanced Notice for Personal Trading Form for RSAs and RSUs, attached hereto as Exhibit B, and the Pre-Clearance to Exercise Options Form for stock options, attached hereto as Exhibit C, to ▇▇▇▇▇▇▇▇ ▇▇▇▇▇.

  • A summary of all Company stock option activity is as follows: ---------------- ---------------- ---------------- Weighted Weighted Weighted Average Average Average Exercise Exercise Exercise Options Price Options Price Options Price -------- ------- -------- ------- -------- (In thousands, except per share data) Options outstanding at beginning of year.........

  • Upon receipt of such Notice of Conversion, the Counterparty shall promptly forward such notice to JPMorgan and upon receipt of the Counterparty’s notice, JPMorgan shall designate an Exchange Business Day as an Early Termination Date with respect to all or a portion of this Transaction corresponding to such number of Exercise Options.

  • Upon receipt of such Notice of Conversion, the Counterparty shall promptly forward such notice to JPMorgan and upon receipt of the Counterparty’s notice, JPMorgan shall, in its sole discretion, designate any Exchange Business Day as an Early Termination Date with respect to all or a portion of this Transaction corresponding to such number of Exercise Options.

  • Cashless Exercise Options may be exercised on a cashless basis with the holder receiving the appropriate "net value" in either cash or shares.

  • Upon receipt of such Notice of Conversion, the Counterparty shall promptly forward such notice to MSIL and upon receipt of the Counterparty’s notice, MSIL shall, in its sole discretion, designate any Exchange Business Day as an Early Termination Date with respect to all or a portion of this Transaction corresponding to such number of Exercise Options.

  • The Company has --------------------------------------- received, or by the Closing Date will have received, fully executed and enforceable Agreements Not to Exercise Options and/or Warrants (in the form annexed hereto as Exhibit D) from certain --------- directors and officers of the Company and such agreements cover at least 974,350 shares of Common Stock.

  • A summary of the status of the RTC plans as of and for the years ended December 31, 1996, 1997 and 1998, is presented below: Year ended Year ended Year ended December 31, 1996 December 31, 1997 December 31, 1998 Weighted Weighted Weighted Average Average Average Exercise Exercise Exercise Options Price Options Price Options Price Outstanding at beginning of period .............

  • Number of Shares of ---------------------------------- Non- Non- Weighted Incentive Statutory Qualified Average Stock Stock Options to Exercise Options Options Directors Price ------- ------- --------- ----- Balance Outstanding at June 30, 1995..........................


More Definitions of Exercise Options

Exercise Options. In respect of any Exercise Period, a number of Options, as specified in Counterparty's Notice of Exercise, no greater than the lesser of (i) the Number of Options and (ii) the number of Exchangeable Notes surrendered to Counterparty for exchange.
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Exercise Options. A number of Options equal to the number of USD 1,000 principal amount of Convertible Notes surrendered for conversion.
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Related to Exercise Options

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.