Examples of Option Event in a sentence

If the Depositary acts under this paragraph, that action shall also be a Termination Option Event.
A Redemption of all or substantially all of the Deposited Securities shall be a Termination Option Event.
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, (ii) an Insolvency Event or Delisting Event occurs with respect to the Company or (iii) a Termination Option Event has occurred or will occur.
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, (ii) an Insolvency Event or Delisting Event occurs with respect to the Company or (iii) a Termination Option Event has occurred or will occur.
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.

More Definitions of Option Event

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.

Option Event means: 1. closing of a Significant Financing; 2. upon an amalgamation, merger or reorganization of the Corporation, a Sale of Control, initial public offering of equity securities of the Corporation or a sale of all or substantially all of the Corporation’s assets or undertaking, other than as part of an internal amalgamation, merger or reorganization which does not involve persons who are not shareholders or wholly owned subsidiaries of the Corporation, where "Sale of Control" means any event after which a person or persons, holds, directly or indirectly, legally or beneficially, shares of the Corporation carrying more than 50% of the votes capable of being cast at a general meeting of the shareholders of the Corporation (a "Change of Control"); or 3. at any time at the option of the Investor (a "Discretionary Exercise").

Option Event means a Forced Sale, a ROFO Sale or a Buy-Sell.

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 HCHI or any Affiliate or Subsidiary of HCHI), any of the following events:

Option Event is defined in Section 2.1.3.1.

Option Event is defined in Section 3(c).