Option Security definition

Option Security. The Company's Common Stock ("PRMS") III. No. of Contracts: 10,000 (100 shares per contract) IV. Expiration Date: January 29,1999 V. Exercise Price: $10.625 per share VI. Premium: $1.25 per share, net Total: $1,250,000.00 Due and payable on September 15, 1999 VII. Type of Option: X Put Call American X European Exercise Limit: VIII. Exercise: X Physical Settlement Cash Settlement Net Share Settlement
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Option Security. With respect to any Option, the security of the Company identified in the related Confirmation for purchase or sale upon exercise of the Option.
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Option Security means, with respect to any specified Person, all options, warrants, instruments and other rights and agreements (including without limitation any preemptive rights or rights of first refusal) to subscribe for, purchase or otherwise acquire any shares or other units in the share capital or other ownership interest of such specified Person, however described and whether voting or non-voting, or any Convertible Securities of such specified Person; Ordinary Resolution means a resolution:
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Examples of Option Security in a sentence

  • The purchase price to be paid per Option Security shall be equal to the price per applicable Firm Security set forth in Section 1.1.1 hereof.

  • Except as set forth in Section 3.15(a) of the Disclosure Schedule, (i) there is neither outstanding nor has the Company or any Subsidiary agreed to grant or issue any shares of its capital stock or any Option Security or Convertible Security, and (ii) neither the Company nor any Subsidiary is a party to or is bound by any agreement, put or commitment pursuant to which it is obligated to purchase, redeem or otherwise acquire any shares of capital stock or any Option Security or Convertible Security.

  • The purchase price to be paid per Option Security shall be equal to the price per Firm Security set forth in Section 1.1.1 hereof.

  • Between the date of this Agreement and the Merger Closing, the Company will not, and will not permit any Subsidiary to, issue, sell or purchase or agree to issue, sell or purchase any capital stock or any Option Security or Convertible Security of the Company or any Subsidiary.

  • Without the prior written consent of VIALOG, except as set forth in Section 3.15(a) of the Disclosure Schedule, (a) such termination or notice will not cause an acceleration of the exercise, conversion or vesting schedule of any Option Security or of any Convertible Security, and (b) the Company will not otherwise accelerate, or cause an acceleration of, the exercise, conversion or vesting schedule of any Option Security or Convertible Security.

  • On each Option Security Delivery Date, the Legacy Parties shall provide the Underwriters such representations, warranties, agreements, opinions, letters, certificates and covenants with respect to Option Securities as are required to be delivered on the Initial Delivery Date with respect to the Firm Securities.

  • In the event of such a termination, all the CDA Documents and the Independent Engineer Agreement shall be deemed rescinded, and TxDOT shall promptly return to Developer the original of the Financial Option Security.

  • In addition, on the basis of the representations, warranties, and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company hereby grants the Over-Allotment Option to the several Underwriters to purchase, severally and not jointly, the Option Securities at a price per Option Security set forth in the second paragraph hereof.

  • Participation in certain corporate actions may enhance the value of an Option Security.

  • Corporate Action : • From time to time, the issuer of an Option Security may initiate a corporate action relating to that security.


More Definitions of Option Security

Option Security has the meaning ascribed thereto in the first paragraph of this Agreement; "Outside Date" means July 31, 2017, or such later date as the Corporation and Atkins may agree for purposes of the Acquisition Closing, with the consent of the Panel and, if required, the approval of the Court, which date shall be no later than October 27, 2017;
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Option Security means any rights to subscribe for or to purchase, or any options for the purchase of, any shares of any class of common stock of the Company.
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Option Security means (i) at any time prior to the Exchange Time, one Unit and (ii) at any time after the Exchange Time, one Series C Share;
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Related to Option Security

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

  • Transaction Security means the Security created or expressed to be created in favour of the Security Agent pursuant to the Transaction Security Documents.

  • Corporation Security or “Corporation Securities” means (i) Common Shares, (ii) shares of preferred stock issued by the Corporation (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation §§ 1.382-2T(h)(4)(v)) and 1.382-4 to purchase Securities of the Corporation, and (iv) any Shares.

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Information Security (GSN GISN 5) is all the means and functions ensuring the accessibility, confidentiality or integrity of information or communications, excluding the means and functions intended to safeguard against malfunctions. This includes "cryptography", "cryptographic activation", 'cryptanalysis', protection against compromising emanations and computer security.

  • Relevant Security means the Stock, any other equity security of the Company or any of its subsidiaries and any security convertible into, or exercisable or exchangeable for, any Stock or other such equity security.

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph .32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).

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

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

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • Cyber Security means the condition in which road vehicles and their functions are protected from cyber threats to electrical or electronic components.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Indexed Security means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at original issuance.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Option means a stock option granted pursuant to the Plan.

  • Contract Security means any security given by the Contractor to the NCC in accordance with the Contract;

  • of a Security means the principal of the Security plus the premium, if any, payable on the Security which is due or overdue or is to become due at the relevant time.

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

  • Purchase Option As defined in Section 3.18(c).

  • New Security means the establishment of a position which is not currently held by a client portfolio on the day the position is established.

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase stock of the Corporation, and (iv) any other interest that would be treated as “stock” of the Corporation pursuant to Treasury Regulation § 1.382-2T(f)(18).

  • Common Security means an undivided beneficial interest in the assets of the Trust, having a Liquidation Amount of $25 and having the rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.