Option Expiry Date definition

Option Expiry Date in relation to an Option, means the date on which an Option lapses and ceases to be exercisable, being the tenth anniversary of the Award Date, or such other date as may be specified under these Rules;

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Option Expiry Date has the meaning ascribed thereto above;

Option Expiry Date means  [five years after first Subdivision of the Lakes District Lands];

Examples of Option Expiry Date in a sentence

If the Purchaser Call Option has not been exercised or deemed to have been exercised prior to the Purchaser Call Option Expiry Date, the Purchaser Call Option shall expire and terminate effective as of the Purchaser Call Option Expiry Date and thereafter shall be of no further force or effect.
Notwithstanding anything to the contrary contained herein, if the Purchaser Call Option is exercised or deemed to be exercised prior to the Purchaser Call Option Expiry Date but the closing of the Acquisition has not occurred by the Acquisition Closing Outside Date, the Purchaser Call Option shall expire and terminate effective as of the Acquisition Closing Outside Date and thereafter shall be of no further force or effect.
Upon the occurrence of the Triggering Event Date prior to the Purchaser Call Option Expiry Date, and provided the Purchaser has not previously exercised the Purchaser Call Option, the Purchaser shall exercise, and shall be deemed to have exercised, effective at 5:00 p.m. (Toronto time) on the Triggering Event Date, the Purchaser Call Option with respect to all (but not less than all) of the Purchaser Call Option Shares.
Any Option that is not exercised will automatically expire on the Option Expiry Date.
The Purchaser may exercise the Option at any time until 5:00 pm on the Option Expiry Date by delivering to the Vendor a written notice of the exercise of the Option.

More Definitions of Option Expiry Date

Option Expiry Date means the expiry date of an Option, as determined by the Committee in accordance with the terms and conditions of this Plan and subject to the time limits and any blackout or similar periods, as provided in Section 4.1(g);

Option Expiry Date means ♦ [three years after first Subdivision in Lakes District Phase 1E♦];

Option Expiry Date means, with respect of each individual stock options granted pursuant to the Equity Incentive Plan, the latest date on which such stock options may be exercised, as designated by the Corporation at the time the stock options are granted;

Option Expiry Date means 5:00 p.m. (PST) on the date that is the second anniversary of the Closing Date;

Option Expiry Date means the last day of the term of the Agreement;

Option Expiry Date means each day which is or will be the expiry date of an Option falling on the Third Friday of each month or if that Friday is not a business day, the alternative day designated by the Options Exchange.

Option Expiry Date has the meaning given to it in the fifth paragraph of this Agreement;