Laddered Degree Option means an opportunity for eligible students to complete a BSc degree at UBC and a MSc degree at TUD following three (3) Academic Years at UBC and two (2) Academic Years at TUD.
Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.
Employee Option means an Option granted pursuant to Section 5.
Free look period means the period of time during which a borrower may cancel a guaranteed asset protection waiver without penalty, fees, or costs to the borrower. A free look period must begin on the effective date of the guaranteed asset protection waiver, and the term of a free look period must be at least 30 days.
Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.
Top-Up Option has the meaning set forth in Section 1.04(a).
Director Option means an Option granted pursuant to Section 6.
Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.
Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Manufactured dwelling park means a place where four or more manufactured dwellings
Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.
Dwelling unit means a single unit providing complete, independent living facilities for one or more persons, including permanent provisions for living, sleeping, eating, cooking and sanitation.
Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.
Vesting Event means the earliest to occur of the following events:
Single-family dwelling unit means a structure that is usually occupied by just one household or family and for the purposes of this Policy is expected to generate an average of 250 gallons per day of wastewater.
Replacement Option has the meaning ascribed thereto in Section 2.2(c).
Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.
Tandem parking means that two or more automobiles are parked on a driveway or in any other location on a lot, lined up behind one another.
explosive actuated fastening device means a tool that is activated by an explosive charge and that is used for driving bolts, nails and similar objects for the purpose of providing fixing;
Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.