Examples of Option Cash in a sentence
In no event will the Option Cash Settlement Amount be less than zero.
For any Option, Cash Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Cash Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.
Cash Settlement Cash Settlement: In lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date, the Option Cash Settlement Amount in respect of any Option exercised or deemed exercised hereunder.
As of the Effective Time, all Company Options shall no longer be outstanding and shall automatically cease to exist, and each holder of a Company Option shall cease to have any rights with respect thereto, except the right to receive the Option Cash Payment.
The “Option Cash Amount” shall mean the excess, if any, of the Merger Consideration over the exercise price per share of the applicable Qualifying 2000/2010 Option; provided, however, that the Option Cash Amount shall be paid net of any applicable mandatory tax withholdings.
Subject to the specific terms of the Option Grant Agreement, including any vesting conditions outlined in the Option Grant Agreement and payment of the Exercise Price (which may be nil), each Option represents an option to purchase or subscribe for one Ordinary Share, or in certain circumstances, entitle the Participant to an Option Cash Award.
Parent shall cause the Surviving Corporation to pay the Company Stock Option Cash Consideration at or reasonably promptly after the Effective Time (but in no event later than five business days after the Effective Time).
Option Cash Settlement Amount: Means an amount in the Settlement Currency equal tothe Number of Options multiplied by the Strike Price Differential.
In lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date, the Option Cash Settlement Amount in respect of any Option exercised or deemed exercised hereunder.
If Combination Settlement applies, on the Settlement Date for each Component, Dealer shall deliver to Counterparty: (i) an amount in cash equal to the product of the Option Cash Settlement Amount and the Cash Percentage (as defined below) and (ii) the Number of Shares to be Delivered, and (y) cash in lieu of any fractional shares for such Component valued at the Settlement Price on the Expiration Date for such Component, in each case, to the account(s) specified by Counterparty.