Mirror Option definition

Mirror Option means the option or options with terms mirroring the Option and the equivalent option entered into by Mr B and entered into by the manager of the Offshore Bond with a third party to hedge the Offshore Bond portfolio’s post novation exposure under those options.
Sample 1
Mirror Option means the option with risks mirroring the Option entered into by the manager of the Offshore Bond with a third party different from the counterparty to the Option to hedge the Offshore Bond portfolio’s post novation exposure under that Option. We assume that the Offshore Bond manager paid £250,000 for the Mirror Option. This assumption is consistent with what we have been told about the accounts treatment of the Company’s investment in the bond.
Sample 1Sample 2

Examples of Mirror Option in a sentence

  • Kaplan hereunder) subject to that certain Comxxx xxx Xxxxxxred Stock Option Agreement (the "Mirror Option Agreement"), dated as of May 1, 1997, by and among Earl P.

  • The exercise price per share of an Adjusted Option Share shall be equal to the per share exercise price pursuant to such Mirror Option divided by the Value Exchange Ratio (as defined below), rounded to the nearest whole cent.

Related to Mirror Option

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

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

  • Rollover Option has the meaning set forth in Section 2.4(a).

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

  • Replacement Option has the meaning ascribed thereto in Section 2.2(c).

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

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

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

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

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

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

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

  • 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.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

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

  • 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.

  • 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.

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

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.