Option Securities definition

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

Option Securities is defined in Section 2.1.4.

Option Securities means an aggregate Liquidation Amount of $3,300,000 of the Issuer Trust's ____% preferred securities, issuable to the Underwriter, at its option, exercisable within 30 days after the date of the Prospectus, solely to cover over-allotments, if any.

Examples of Option Securities in a sentence

• An Underwriter will not be under any obligation to purchase any Option Securities prior to the exercise of the Option by the Representative.

• The purchase price per share for the Securities to be paid by the several Underwriters shall be $3.80, being an amount equal to the public offering price set forth above less $0.20 per share, subject to adjustment in accordance with Section 2(b) for dividends or distributions declared by the Company and payable on the Initial Securities but not payable on the Option Securities.

• If requested by the Representatives, the opinion and negative assurance letter of Kirkland & Ellis LLP, counsel for the Company, in form and substance reasonably satisfactory to counsel for the Underwriters, dated such Date of Delivery, relating to the Option Securities to be purchased on such Date of Delivery and otherwise to the same effect as the opinion required by Section 5(b) hereof.

• The option hereby granted may be exercised for 30 days after the date hereof and may be exercised in whole or in part at any time from time to time upon notice (an “Option Exercise Notice”) by the Representatives to the Selling Stockholders setting forth the number of Option Securities as to which the several Underwriters are then exercising the option and the time and date of payment and delivery for such Option Securities.

• If requested by the Representatives, the opinion and negative assurance letter of Kirkland & Ellis LLP, counsel for the Selling Stockholders, in form and substance reasonably satisfactory to counsel for the Underwriters, dated such Date of Delivery, relating to the Option Securities to be purchased on such Date of Delivery and otherwise to the same effect as the opinion required by Section 5(c) hereof.

More Definitions of Option Securities

Option Securities means options, warrants or other rights to purchase or acquire Common Stock, as well as stock appreciation rights, phantom stock units and similar rights whose value is derived from the value of the Common Stock.

Option Securities means the U.S. Option Securities and the International Option Securities.

Option Securities means all rights, options and warrants, all calls or commitments evidencing the right, to subscribe for, purchase or otherwise acquire Shares or Convertible Securities, whether or not the right to subscribe for, purchase or otherwise acquire is immediately exercisable or is conditioned upon the passage of time, the occurrence or non-occurrence or the existence or non-existence of some other Event.

Option Securities shall have the meaning as defined in the introductory paragraphs of this Agreement.

Option Securities means the Ordinary Shares or other equity securities registrable pursuant to the terms of the Unit Purchase Option which will have contractual piggyback registration rights.

Option Securities has the meaning set forth in the preamble hereof.

Option Securities shall have the meaning provided in Section 6.2.1 hereof.