Option Exercise Consideration definition

Option Exercise Consideration means the sum of (a) the total consideration payable to the Company upon the exercise of all vested Options issued and outstanding immediately prior to the Effective Time and (b) one-half of the total consideration payable to the Company upon the exercise of all unvested Options issued and outstanding immediately prior to the Effective Time.
Option Exercise Consideration has the meaning given in Clause 3.3;
Option Exercise Consideration the aggregate consideration payable upon exercise of all Outstanding Vector Options.

Examples of Option Exercise Consideration in a sentence

  • Rhino shall deliver to Holdings certificates representing the Option Exercise Consideration Units and Rhino GP shall deliver to Holdings evidence, to Holdings’ satisfaction, of the transfer of the Rhino GP LLC Interest, in each case, free and clear of all Encumbrances other than Permitted Encumbrances.

  • Most of the mini-grids have generating units that are below the 100 kW licensing threshold defined in the law.

  • As of the Issuance and Transfer Upon Exercise, all corporate, partnership and limited liability company action, as the case may be, required to be taken by Royal, Rhino and Rhino GP or any of their respective partners or members for the authorization, issuance, sale, transfer and delivery of the Option Exercise Consideration Units and the Rhino GP LLC Interest shall have been validly taken, and no other authorization by any of such parties is required therefor.

  • If the Rate Increase Agent determines that the current aggregate market value of the Debentures is at least equal to 100.25% of the Cash Equivalent of the Aggregate Call Option Exercise Consideration (or the interest rate paid on the Debentures is already equal to or greater than the Maximum Debenture Rate (as hereinafter defined)), interest on the Debentures will continue to accrue at the Initial Interest Rate.

  • ADAC Radiology shall be entitled to offset against either the Option Grant Consideration and/or the Option Exercise Consideration the amount of any obligation owed by MTS or Xxxxxx to ADAC and ADAC Radiology pursuant to Section 9.1. ADDITIONAL AGREEMENTS.

  • The County on behalf of the Sheriff’s Office is seeking proposals from interested and qualified Proposers to provide comprehensive medical and mental health care services for inmates held and housed at the Kern County Sheriff’s Office Lerdo Pre-Trial Facility, Admission, Evaluation and Stabilization (“AES”) Center.

  • For the purposes of the Completion Statement, the aggregate amount of the Option Exercise Consideration due from all relevant Management Sellers shall be treated as Cash.

  • If and to the extent that all or any portion of the Option Grant Consideration and/or the Option Exercise Consideration is distributed to the MTS shareholders, it will be paid to such shareholders in proportion to their respective stockholdings as of the Option Exercise Closing Date.

  • The consideration for exercise of ----------------------------- the Option Units shall be a commitment by the Holder ("Option Exercise Consideration") to pay to the Company an amount equal to $2,000,000 minus the Option Fee (the "Commitment Amount") in accordance with the schedule set forth in Section 5.

  • If Buyer has not exercised Buyer’s Option and duly delivered the Exercise Notice to be given under the Xxxx Option Agreement and paid the Option Exercise Consideration to be paid under the Xxxx Option Agreement, if applicable, by January 1, 2015, Buyer agrees that Buyer’s Option shall terminate and Buyer shall lose its right to purchase the Xxxx Facility pursuant to the Xxxx Option Agreement.

Related to Option Exercise Consideration

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $100,000,000, your Sale Bonus would be $100,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Warrant Consideration has the meaning specified in Section 4(i)(i) hereof.

  • Warrant Exercise Price means $0.05 per share.

  • Base Consideration has the meaning set forth in Section 1.2.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Option Exercise Date has the meaning specified in Section 2.1.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Scheme Consideration means, in respect of:

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Stock Consideration has the meaning set forth in Section 2.01(c).