Option Shares definition

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

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Option Shares means the aggregate number of Shares which an Optionee may purchase under an Option.

Option Shares means Shares covered by an outstanding Option or purchased under an Option.

Examples of Option Shares in a sentence

• The Underwriters shall not be under any obligation to purchase any Option Shares prior to the exercise of the Over-allotment Option.

• If such delivery and payment for the Option Shares does not occur on the Closing Date, the Option Closing Date will be as set forth in the notice.

• The Underwriters may exercise the option to purchase Option Shares at any time in whole, or from time to time in part, on or before the thirtieth day following the date of the Prospectus, by written notice from the Representatives to the Company.

• Such notice shall set forth the aggregate number of Option Shares as to which the option is being exercised and the date and time when the Option Shares are to be delivered and paid for, which may be the same date and time as the Closing Date (as hereinafter defined) but shall not be earlier than the Closing Date nor later than the tenth full business day (as hereinafter defined) after the date of such notice (unless such time and date are postponed in accordance with the provisions of Section 10 hereof).

• The purchase price to be paid for the Option Shares and/or Option Warrants will be the price set forth in Section 1.1.1 for such securities.

More Definitions of Option Shares

Option Shares means Shares issuable by the Corporation upon the exercise of outstanding Options;

Option Shares has the meaning specified in Section 2 of this Agreement.

Option Shares means the shares of Common Stock covered by this Option.

Option Shares means (i) all shares of Common Stock issued or issuable upon the exercise of the Option and (ii) all shares of Common Stock issued with respect to the Common Stock referred to in clause (i) above by way of stock dividend or stock split or in connection with any conversion, merger, consolidation or recapitalization or other reorganization affecting the Common Stock.

Option Shares is defined in Section 2.

Option Shares or means the Shares subject to the Option.

Option Shares means outstanding shares of Stock that were issued to a Holder upon the exercise of a Stock Option.