Option to Subscribe definition

Option to Subscribe means an Option that confers a right to subscribe for new Shares pursuant to the Plan;
Option to Subscribe means an Option which confers a right to subscribe for new Shares pursuant to this Plan; 7
Option to Subscribe shall have the meaning set forth in Clause XIII of this Agreement.

Examples of Option to Subscribe in a sentence

  • Option to Subscribe: The Company has made arrangements for issue and holding of Debentures in either physical or dematerialized form.

  • Details relating to the Offeror Shares to be issued and/or transferred pursuant to the valid exercise of the Shares Option to Subscribe by Accepting Shareholders are set out in paragraph 8.3 of the Offer Document.

  • As at the Latest Practicable Date, there is no specified grant date for the Option to Subscribe and hence there is no visibility on the spot price of the Offeror Shares during the OTS Exercise Period.

  • Theoretical Realizable Value Analysis We have evaluated the Option to Subscribe based on a theoretical realizable value of the offer proceeds which is illustrated in the section below.

  • We also note that the number of Offeror Shares which the Accepting Shareholder or Accepting PCCS Holder may subscribe for pursuant to the Option to Subscribe will be rounded down to the nearest whole Offeror Share.

  • The decision to exercise the Option to Subscribe represents an investment decision for the Accepting Shareholders and Accepting PCCS Holders that is separate from the decision on whether to accept the Offer, and is subject to various factors, including but not limited to investment objectives of each Accepting Shareholder and Accepting PCCS Holder.

  • In view of the above, we are of the opinion that the Option to Subscribe may be evaluated as an option to invest in the Offeror Shares with proceeds received from accepting the Offer, based on the respective investment objectives and profiles of each investor.

  • As the Company does not need to pay any premium for the grant of the Option to Subscribe for Capital Injection Shares, the transaction in relation to the grant of the Option to Subscribe for Capital Injection Shares to the Company does not constitute a notifiable transaction of the Company.

  • As stated in paragraph 8.1 of the Offer Document, the Accepting Shareholders and the Accepting PCCS Holders who wish to exercise the Option to Subscribe may exercise the Option to Subscribe in full or in part, and have the flexibility to choose to subscribe for whole board lots of Offeror Shares and, accordingly, avoid being issued with odd lots of Offeror Shares which may be less liquid than board lots of Offeror Shares.

  • The principal terms of the Share Transfer Agreement are summarized as follows: Date:20 March 2019Parties:(i) the Company; (ii) the Investor; and (iii) the Target Company.Option to Subscribe for Capital Injection Shares:Upon the occurrence of any one of the following “specific circumstances”, the Company shall be entitled to the Option to Subscribe for Capital Injection Shares to buy back the Capital Injection Shares from the Investor.


More Definitions of Option to Subscribe

Option to Subscribe or “OTS” means the non-transferable option to subscribe for Offeror Shares on these Terms and Conditions, granted by SIA in a Letter of Grant in accordance with the Offer, the PCCS Offer and/or a Section 215 Acquisition;
Option to Subscribe means an Option which confers a right to subscribe for Shares granted by the Company under the Scheme;

Related to Option to Subscribe

  • Option to Purchase has the meaning set forth in Section 13.1.

  • Option to Build means the option of the New Service Customer to build certain Customer- Funded Upgrades, as set forth in, and subject to the terms of, the Construction Service Agreement.

  • Option to Renew is defined in subsection 6.1 of this Agreement.

  • basic subscription privilege means a privilege to subscribe for the number or amount of securities set out in a rights certificate held by the holder of the rights certificate;

  • additional subscription privilege means a privilege, granted to a holder of a right, to subscribe for a security not subscribed for by any holder under a basic subscription privilege;

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Other Warrants means any other warrants issued by the Company in connection with the transaction with respect to which this Warrant was issued, and any warrant issued upon transfer or partial exercise of or in lieu of this Warrant. The term “Warrant” as used herein shall be deemed to include Other Warrants unless the context clearly requires otherwise.

  • Purchase Option Notice As defined in Section 3.18(e).

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

  • Option Warrants 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;

  • Exclusive Right to Sell listing means that if you, the owner of the property, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker.

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

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

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

  • CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Notice of Election to Purchase has the meaning assigned to such term in Section 15.1(b).

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

  • Returning Shares means shares subject to outstanding stock awards granted under the Prior Plan and that following the Effective Date: (A) are not issued because such stock award or any portion thereof expires or otherwise terminates without all of the shares covered by such stock award having been issued; (B) are not issued because such stock award or any portion thereof is settled in cash; (C) are forfeited back to or repurchased by the Company because of the failure to meet a contingency or condition required for the vesting of such shares; (D) are withheld or reacquired to satisfy the exercise, strike or purchase price; or (E) are withheld or reacquired to satisfy a tax withholding obligation.

  • Preemptive Right has the meaning set forth in Section 9.6(a).

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;

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

  • Notice of Purchase means, as the context requires, a Preliminary Notice of Purchase or a Final Notice of Purchase, in each case, substantially in the form attached as Exhibit A to the VRDP Shares Purchase Agreement.