Option Event definition

Option Event means in respect of the B Shares
Option Event means the date on which:
Option Event means any exercise of, or the making of any payment (including any dividend-equivalent right or payment) in respect of, any Relevant Stock Option.

Examples of Option Event in a sentence

  • The Depositary may initiate termination of the Deposit Agreement if (i) at any time 60 days shall have expired after the Depositary delivered to the Company a written resignation notice and a successor depositary has not been appointed and accepted its appointment as provided in Section 5.4 of that Agreement or (ii) a Termination Option Event has occurred.

  • The Depositary may initiate termination of this Deposit Agreement if (i) at any time 60 days shall have expired after the Depositary delivered to the Company a written resignation notice and a successor depositary has not been appointed and accepted its appointment as provided in Section 5.4 or (ii) a Termination Option Event has occurred.


More Definitions of Option Event

Option Event means the date on which beneficial ownership (determined in accordance with Rule 13d-
Option Event means a Forced Sale, a ROFO Sale or a Buy-Sell.
Option Event is defined in Section 2.1.3.1.
Option Event means any of the following events: (i) the long-term incapacity of a Series Member or a natural person that controls a Series Member that is an association, partnership, or other entity; (ii) expulsion or dissociation of a Series Member pursuant to the Act; (iii) the inability or refusal of a Series Member to pay his/her/its debts generally as they become due; (iv) any assignment of Units by a Series Member for the benefit of the Series Member's creditors in violation of the terms of this Agreement or applicable Series Agreement; (v) the filing by a Series Member of a voluntary petition in bankruptcy or similar insolvency proceedings; (vi) the irrevocable dissolution or termination of a Series Member who is an association, partnership, or other entity; provided, however, the foregoing does not include the domestication of any entity that is a Series Member or the conversion of such entity to another entity type, or (vii) the filing against a Series Member of an involuntary petition in bankruptcy or similar insolvency proceeding that is not dismissed within sixty (60) days.
Option Event means, with respect to any Common Shareholder (other than the Partnership, HCHI or any Affiliate or Subsidiary of the Partnership or HCHI), any of the following events:
Option Event. As defined in Section 15.1.
Option Event has the meaning ascribed thereto in Section 9.9.