NO OPTION definition

NO OPTION. The submission of this Lease by Lessor, its agent or representative for examination or execution by Lessee does not constitute an option or offer to lease the Premises upon terms and conditions contained herein or a reservation of the Premises in favor of Lessee, it being intended hereby that this Lease and delivery of a fully executed counterpart hereof to Lessee.
Sample 1

Examples of NO OPTION in a sentence

  • NOTE: IF NO OPTION IS SELECTED, OPTION 1 WILL BE DEEMED TO BE SELECTED.

  • From and after the Termination Date, and upon subsequent agreement by the Parties, this Agreement may continue on a month-to-month basis until terminated pursuant to Section 3 below.[IF NO OPTION PERIODS -- DELETE THIS SECTION FROM THE AGREEMENT INIT’S ENTIRETY]-- This Agreement may be extended for ONE (1) additional one-year period (hereinafter “Option Period”), at the option of City, subject to satisfactory performance as determined by the City.

  • IF MORE THAN ONE OPTION IS SELECTED, OR IF NO OPTION IS SELECTED, THERE IS NO VALID TENDER OF SHARES.

  • SUCH METHOD MUST PRECLUDE EMPLOYER DISCRETION.) NOTE: IF NO OPTION IS SELECTED, OPTION 1 WILL BE DEEMED TO BE SELECTED.

  • NOTE: IF NO OPTION IS SELECTED, SUBOPTION (a) WILL BE DEEMED TO BE SELECTED.

  • NOTE: IF NO OPTION IS SELECTED, OPTION 1 AND SUBOPTION (a) WILL BE DEEMED TO BE SELECTED.

  • OPTION 2: [X] No. NOTE: IF NO OPTION IS SELECTED, OPTION 2 WILL BE DEEMED TO BE SELECTED.

  • OPTION 2: [ ] Other (SPECIFY)___________________________________ NOTE: IF NO OPTION IS SELECTED, OPTION 1 WILL BE DEEMED TO BE SELECTED.

  • NO OPTION (OTHER THAN UPON EXERCISE) OR OPTION SHARE MAY BE TRANSFERRED OR OTHERWISE ALIENATED IN ANY WAY FOR A PERIOD OF SIX MONTHS FROM THE DATE OF GRANT, as provided in Rule 16b-3(d)(3).

  • NO OPTION GRANTED UNDER THIS PLAN SHALL BE AN INCENTIVE STOCK OPTION INTENDED TO QUALIFY UNDER SECTION 422 OF THE CODE.

Related to NO OPTION

  • SAR means a stock appreciation right granted under the Plan.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

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

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • NQSO means any Option that is not an ISO.

  • NSO means a stock option not described in sections 422 or 423 of the Code.

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

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

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

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

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

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Restricted Share Award means an award of Restricted Shares.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Stock Right means an Award under Article VI of the Plan. A Stock Right may be either a Stock Appreciation Right or a Limited Stock Appreciation Right.

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • SARS means the South African Revenue Service.

  • the award , except in sub-paragraph (2), means—

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

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

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

  • Freestanding SAR means an SAR that is granted independently of any Options, as described in Article 7 herein.