Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;
Cash Exercise with respect to Warrant Shares; and/or
Conversion Right has the meaning set forth in Section 4.05(a) hereof.
'Survivor's Option means, where applicable, the right of a holder of a Note to require the Company to repay such Note prior to its Stated Maturity upon the death of the owner of such Note, subject to the provisions hereof relating to such option."
Repurchase Right means the right granted to the Corporation in accordance with Article D.
Redemption Right has the meaning provided in Section 8.5(a) hereof.
Transferring Member has the meaning set forth in Section 9.4.
Financial Transmission Right Option means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(c), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(c).
Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).
Exchange Right has the meaning ascribed thereto in Section 5.1;
California Participant means a Participant whose Award is issued in reliance on Section 25102(o) of the California Corporations Code.
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.
Purchasing Member has the meaning set forth in Section 9.2(c).
Termination Right have the respective meanings given in the PRA Contractual Stay Rules.
Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.
Equity Member means (a) each entity with a direct interest in the Proposer (whether as a member, partner, joint venture member, or otherwise), (b) each entity proposed to have a direct interest in Developer (whether as a member, partner, joint venture member, or otherwise), and (c) each entity that will have an indirect interest in the Proposer or Developer through one or more intermediaries. Notwithstanding the foregoing, if the Proposer is a publicly traded company, shareholders with less than a 10% interest in the Proposer shall not be considered Equity Members.
Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;
Non-U.S. Holder means a Holder that is not treated as a United States person for U.S. federal income tax purposes as defined under Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended from time to time.
Rollover Options has the meaning provided in Subsection 3.1(h).
Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.
Trading Member means a Person who has been approved by Nadex to trade directly and not through a FCM Member on the Market, and does not include any FCM Member.