Option Exercise Amount definition

Option Exercise Amount means, with respect to a particular Option, the product of: (a) the per Unit exercise price of such Option, multiplied by (b) the number of Units subject to such Option as of immediately prior to the Effective Time and in accordance with the terms and conditions of the QuoteWizard.com, LLC 2016 Equity Incentive Plan.
Option Exercise Amount means the amount payable by each Optionholder to exercise their Options, as set out opposite their name in the column entitled “Option Exercise Amount” in the Options Table;
Option Exercise Amount means in respect of those Option Sellers that exercise their Company Option Agreement in advance of Closing the aggregate amount payable by such Option Sellers to the Company on the exercise of their Option Agreement(s) by way of subscription price for their Company Shares and the Company Option Tax Withholding, and being in respect of each Option Seller, the amount set out against his name in columns E and G of part 1 of Schedule 1.

Examples of Option Exercise Amount in a sentence

  • In accordance with Section 4.4, Lessee will --------------- ----------- have the right, at its option at any time and from time to time, to purchase all (but not less than all) of the Systems then subject to a Lease Supplement at a price equal to the applicable Purchase Option Exercise Amount (the "Purchase -------- Option").

  • If Lessee elects to purchase the Systems subject to a Lease ------ Supplement, Lessor shall transfer by xxxx of sale all of Lessor's right, title and interest in and to the Systems subject to such Lease Supplement to Lessee or its designee, without recourse or warranty (except as to the absence of Lessor Liens), against payment by Lessee of an amount equal to such Purchase Option Exercise Amount in immediately available funds.

  • Lessee will have the right, at its option and upon ten (10) months prior written notice (which notice shall be irrevocable) to Lessor prior to expiration of the Lease Term, to purchase all (but not less than all) of the Sites then subject to the Lease Supplements at a price equal to the Purchase Option Exercise Amount (the "Purchase Option").

  • Total fees of $1,769 were paid on the August 21, 2019 transactions including a 6% finders fee of $624.On June 28, 2019 the Company closed a non-brokered private placement with Deepkloof for gross proceeds of $1.3 million.

  • Lessee hereby directs, and Lessor hereby agrees to, accept the Purchase Option Exercise Amount from Sublessee and upon receipt thereof to transfer the right, title and interest of Lessor in the Equipment to Sublessee if Sublessee has exercised its Purchase Option under the Sublease.


More Definitions of Option Exercise Amount

Option Exercise Amount means, with respect to a particular Option, the product of: (a) the per Unit exercise price of such Option, multiplied by (b) the number of Units subject to such Option as of immediately prior to the Effective Time and in accordance with the terms and conditions of the XxxxxXxxxxx.xxx, LLC 2016 Equity Incentive Plan.
Option Exercise Amount means the sum of the exercise prices of all In-the- Money Options.
Option Exercise Amount means the aggregate amount of cash that would be received by the Company in respect of the cash exercise of all Company Options, if such Company Options were exercised for cash immediately prior to Effective Time, treating all Company Options as fully vested for purposes of this definition.
Option Exercise Amount means the aggregate exercise price of all Options outstanding immediately prior to their cancellation pursuant to Section 2.3(d).
Option Exercise Amount means the aggregate exercise price attributable to all Company Options outstanding as of immediately prior to the Closing.
Option Exercise Amount means the aggregate exercise price of all In-the-Money Options outstanding as of immediately prior to the Closing; provided that, with respect to any Option that has an exercise price of $6.50 that will take effect on December 31, 2021, the exercise price of such Option for purposes of the Option Exercise Amount calculation shall be deemed to be $6.50.
Option Exercise Amount means in respect of each relevant Management Seller the amount shown opposite that relevant Management Seller’s name in column 8 of Part 1 of Schedule 1 and in respect of Xxxxxx Xxxxxxxx means the amount shown opposite Xxxxxx Xxxxxxxx’x name in column 8 of Part 2 of Schedule 1