LNG Options definition

LNG Options means any rights, warrants or options to subscribe for or purchase shares of PNG Shares or Convertible Securities.
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Examples of LNG Options in a sentence

  • If any PNG Shares, LNG Options or LNG Convertible Securities are issued or sold for a consideration other than cash, the amount of the consideration other than cash received by LNG will be the fair value of such consideration, except where such consideration consists of securities, in which case the amount of consideration received by LNG will be the Closing Sale Price of such securities on the date of receipt.

  • If any PNG Shares, LNG Options or LNG Convertible Securities are issued to the owners of the non-surviving entity in connection with any merger in which LNG is the surviving entity, the amount of consideration therefor will be deemed to be the fair value of such portion of the net assets and business of the non-surviving entity as is attributable to such PNG Shares, LNG Options or LNG Convertible Securities, as the case may be.

  • If LNG in any manner grants or sells any LNG Options and the lowest price per share for which one share of PNG Shares is issuable upon the exercise of any such LNG Option or upon conversion or exchange or exercise of any LNG Convertible Securities issuable upon exercise of such LNG Option is less than LNG Applicable Price, then such share of PNG Shares shall be deemed to be outstanding and to have been issued and sold by LNG at the time of the granting or sale of such LNG Option for such price per share.

  • No further adjustment of the Exchange Price shall be made upon the actual issuance of such share of PNG Shares upon conversion or exchange or exercise of such LNG Convertible Securities, and if any such issue or sale of such LNG Convertible Securities is made upon exercise of any LNG Options for which adjustment of the Exchange Price had been or are to be made pursuant to other provisions of this Section 8(f), no further adjustment of the Exchange Price shall be made by reason of such issue or sale.

  • If any PNG Shares, LNG Options or LNG Convertible Securities are issued or sold or deemed to have been issued or sold for cash, the consideration received therefor will be deemed to be the gross amount raised by LNG; provided, however, that such gross amount is not greater than 110% of the net amount received by LNG therefor.

  • No further adjustment of the Exchange Price shall be made upon the actual issuance of such share of PNG Shares or of such LNG Convertible Securities upon the exercise of such LNG Options or upon the actual issuance of such PNG Shares upon conversion or exchange or exercise of such LNG Convertible Securities.

Related to LNG Options

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • SARS means the South African Revenue Service.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Company Stock Options means any option to purchase Company Common Stock pursuant to any Company Stock Plans.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • 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.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Company Stock Option Plans means the Company’s 2000 Employee Stock Option Plan, 1997 Employee Stock Option Plan and 1995 Stock Option Plan, in each case as amended.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

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

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Other Share-Based Awards means Awards consisting of Share units, or other Awards, valued in whole or in part by reference to, or otherwise based on, Shares.

  • Director Option means an Option granted pursuant to Section 6.

  • Company Options means options to purchase shares of Company Common Stock.