Option Share Amount definition

Option Share Amount means (i) the Per Share Amount less (ii) the exercise or purchase price per share of Company Common Stock subject or related to the applicable Company Stock Option.
Option Share Amount means 10% of the amount (rounded to the nearest whole number) determined by dividing (i) the Required New Equity Amount as determined without giving effect to any adjustment pursuant to clause (y) of the definition thereof by (ii) the Purchase Price.
Option Share Amount means 134,329 shares of Common Stock, as such number may be adjusted pursuant to Sections 8 and 9 hereof. (b) Terms used herein but not defined shall have the respective meanings set forth in the Investment Agreement.

Examples of Option Share Amount in a sentence

  • In the event that the Purchase Option is exercised in part, the Purchase Option Share Amount shall be reduced by that number of shares of Common Stock that the Underwriter has exercised and the Purchase Option relating to the remainder of the Purchase Option Share Amount shall remain in full force and effect.

  • In order to prevent dilution of the rights granted under the Purchase Option, the Purchase Option Share Amount and the Purchase Option Exercise Price will be subject to adjustment from time to time as provided in this Section 2.6(b).

  • If a Capital Demand Notice has been delivered by the Company to the Underwriter prior to the date that the Underwriter terminates this Agreement pursuant to clause (iii) above, regardless of the number of days that have elapsed from the date hereof, no reduction to the Purchase Option Share Amount shall take place and the Purchase Option shall remain in full force and effect.

  • The payment of the Option Share Amount to the holder of a Company Stock Option shall be reduced by any income or employment Tax withholding required under (A) the Code, or (B) any applicable state, local or foreign Tax Laws.

  • The payment of the Option Share Amount to the holder of a Company Stock Option shall be reduced by any income or employment Tax withholding required under (A) the Code, or (ii) any applicable state, local or foreign Tax Laws.

  • Notwithstanding anything herein to the contrary, as of the Closing, all Options, other than the Retained Options, will be deemed sold to the Buyer by the holders of such Options, whereupon the Buyer shall be deemed to contribute such Options to the Company in consideration for the Company's issuance to the Buyer of a number of Shares equal to the Option Share Amount, as defined below.

  • On or prior to the fifth Business Day preceding the Closing Date, Seller shall deliver to Buyer statements setting forth in reasonable detail (i) the individual payments to be made under the Change in Control Bonus Plan together with wiring instructions for the accounts designated by or on behalf of each Change in Control Bonus Plan Participant and (ii) the Net Option Share Amount Payment together with wiring instructions for the accounts designated by each Optionholder.

  • If the Company shall effect a stock split or reverse stock split, or a combination, consolidation, reclassification, exchange or substitution of the Shares during the Option Period, then in each such event the Option Share Amount and the Option Price shall be proportionately decreased or increased, as appropriate, to give effect to such event.

  • If a Demand Notice has been delivered by the Company to the Underwriter prior to the date that the Underwriter terminates this Agreement pursuant to clause (iii) above, regardless of the number of days that have elapsed from the date hereof, no reduction to the Purchase Option Share Amount shall take place and the Purchase Option shall remain in full force and effect.

  • In the event that the Purchase Option is exercised in part, the Purchase Option Share Amount shall be reduced by that number of shares of Common Stock that the Investor has exercised and the Purchase Option relating to the remainder of the Purchase Option Share Amount shall remain in full force and effect.


More Definitions of Option Share Amount

Option Share Amount means 2,465,671 shares of Common Stock, as such number may be adjusted pursuant to Sections 8 and 9 hereof.
Option Share Amount means the difference between (x) the Aggregate Option Share Amount and (y) a number of shares of IESI Common Stock equal to the Aggregate Exercise Price divided by the Closing Common Stock Per Share Value.

Related to Option Share Amount

  • Per Share Amount has the meaning set forth in Section 3.01(c).

  • Net Share Amount has the meaning set forth in Section 3.03(c).

  • Daily Share Amount means, with respect to any VWAP Trading Day, the quotient obtained by dividing (A) the excess, if any, of the Daily Conversion Value for such VWAP Trading Day over the applicable Daily Maximum Cash Amount by (B) the Daily VWAP for such VWAP Trading Day. For the avoidance of doubt, the Daily Share Amount will be zero for such VWAP Trading Day if such Daily Conversion Value does not exceed such Daily Maximum Cash Amount.

  • Share Amount means a fraction of ETF Shares calculated in accordance with

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

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

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

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

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Accelerated Purchase Share Amount means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor in an Accelerated Purchase Notice, which number of Purchase Shares shall not exceed the lesser of (i) 300% of the number of Purchase Shares directed by the Company to be purchased by the Investor pursuant to the corresponding Regular Purchase Notice for the corresponding Regular Purchase referred to in clause (i) of the second sentence of Section 2(b) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Accelerated Purchase Share Percentage multiplied by (B) the total number (or volume) of shares of Common Stock traded on the Principal Market during the period on the applicable Accelerated Purchase Date beginning at the Accelerated Purchase Commencement Time for such Accelerated Purchase and ending at the Accelerated Purchase Termination Time for such Accelerated Purchase.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.

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

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

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

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

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

  • Common Shares means the common shares in the capital of the Corporation;

  • 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.