Option to Subscribe definition

Option to Subscribe means an Option that confers a right to subscribe for new Shares pursuant to the Plan;

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Option to Subscribe means an Option which confers a right to subscribe for new Shares pursuant to this Plan;

Option to Subscribe. - means an Option which confers a right to subscribe for Shares granted by the Company under the Scheme;

Examples of Option to Subscribe in a sentence

The Company has, by resolutions of its board of directors passed on 28 May 2002 and 21 June 2002, determined to create and issue options to subscribe for non-voting ordinary shares in the capital of the Company on the terms and subject to the conditions set out in the Instrument Constituting an Option to Subscribe for Shares in Exali Reinsurance Holdings Limited dated 21 June 2002 (the "ORIGINAL INSTRUMENT").
In the same notice, the Minority Shareholder shall also inform MCC about its decision to exercise or not the Option to Subscribe.
If the Minority Shareholder decides to exercise the Option to Subscribe, it shall pay for the corresponding shares of the New Company in cash at the time of the subscription of the respective shares, as determined by Collotype but not later than 90 days after the acquisition of the New Company.
If the Minority Shareholder decides not to exercise the Put Option or does not give any notice to MCC within the term set forth herein, it will not have the right to exercise the Option to Subscribe.

More Definitions of Option to Subscribe

Option to Subscribe means an Option which confers a right to subscribe for new Stock pursuant to this Plan;

Option to Subscribe shall have the meaning set forth in Clause XIII of this Agreement.

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;