Option Amount definition

Option Amount means in relation to each B Share, an amount of R0.00001 which is payable by the Company to the B Shareholder of that B Share upon the exercise of the Call Option in respect of that B Share;

Option Amount means an amount, in the aggregate, of options, restricted stock, and deferred stock units which, if and when exercised or acquired, would result in Parent issuing a number of shares of Parent Capital Stock equal to 10% of the shares of Parent Capital Stock outstanding immediately after the Effective Time.

Option Amount means the number of shares subject to an Option granted to an Optionee under the Plan.

Examples of Option Amount in a sentence

• The Bonds shall be redeemed at the Make Whole Amount or the Call Option Amount (as applicable) together with accrued but unpaid interest.

• The Issuer may redeem all, but not only some, of the Bonds in full on any Business Day falling on or after the First Call Date, but before the Final Redemption Date, at the applicable Call Option Amount together with accrued but unpaid Interest.

• The Issuer may redeem all, but not only some, of the Bonds in full on any Business Day before the Final Redemption Date at the applicable Call Option Amount together with accrued but unpaid Interest.

• Where the Guaranteed Loan is disbursed over a period of time, the Standby Option Amount shall be reduced for the remainder of the Guarantee Period by any amounts transferred from the Standby Option Amount to the Current Amount of Guarantee pursuant to Section 12.3 below.

• If there is any termination of or cessation of liability under this Contract during the first three years of the Guarantee Period, the Guarantee Holder shall pay to MIGA 50 percent of the Total Amount Due, based on the Current Amount of Guarantee and Standby Option Amount, that the Guarantee Holder would otherwise have paid during the remaining Contract Periods falling within the first three years of this Contract, had it not been for such termination or cessation of liability.

More Definitions of Option Amount

Option Amount has the meaning set forth in Section 3.03(a).

Option Amount means the sum of (x) $47.00 and (y) the product of the Exchange Ratio and the Pinnacle Amount.

Option Amount means either the MGIC Option Amount or the Radian Option Amount, as the case may be.

Option Amount means that portion of the death benefit which you elect to apply under this rider. The Option Amount must be at least $25,000 and may not exceed the lesser of: o one-half of the death benefit on the date the option is elected; or o the amount that would reduce the face amount to our minimum issue limit for this Contract; or o $250,000.

Option Amount shall have the meaning set forth in Section 4(h) hereof.

Option Amount means (i) if the Triggering Event giving rise to the exercise of the Option shall have occurred as a result of the $10,662,000 Termination Amount provided for in Section 8.3 of the Merger Agreement becoming payable, 3,760,000 shares of Common Stock and, (ii) if the Triggering Event giving rise to the exercise of the Option shall have occurred as a result of the $42,648,000 Termination Amount provided for in Section 8.3 of the Merger Agreement becoming payable, 7,558,300 shares of Common Stock.

Option Amount means 15,000 shares of Stock.