Primary Option definition

Primary Option means an Option granted on January 2, 1997.
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Primary Option means an option exercisable by the Partnership to purchase all, but not less than all, of the Limited Partner Units subject to such option, which option may be exercised only by giving written notice to the Unit Holder whose Limited Partner Units are subject to such option within sixty (60) days after receipt of the Sale Notice in the case of a sale under Paragraph 6.3 hereof, or receipt of the Transfer Notice in the case of a Transfer under Paragraph 6.4 hereof.
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Primary Option as defined in Section 3.1.
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Examples of Primary Option in a sentence

  • However, the Scheme covers in-hospital claims for members on the Primary Option.

  • Each Remaining Member shall also have a secondary right, on the same terms as are set forth in the Notice of Proposed Transfer, for a period of ten (10) Business Days from the expiration of the Primary Option Period, to purchase any or all of the remaining portion of the Offered Interests not purchased by any other Remaining Member in the exercise of his or its primary right.

  • In addition, the Company agrees to sell the Primary Option Shares to the several Underwriters and the Underwriters shall have the option to purchase at their election up to 562,500 Primary Option Shares at the Purchase Price.

  • Green screen developers can work with build subsets A new option is available on the Primary Option Menu to work with build subsets.

  • These are: • Supreme Option (“traditional” type)• Millennium Option (“new generation” type with savings plan)• Classic Option (“traditional” type)• Primary Option (“capitation” type).

  • The Primary Option is the affordable entry-level benefit option that provides cover in a private healthcare environment at affordable rates.

  • Each Primary Option also includes a ‘piggy-back’ right whereby one additional Option will be issued to Merchant Corporate with the same exercise price and expiry date as the Primary Options for each one Primary Option that is exercised before 15 March 2024 (Secondary Options).

  • For purposes of this subsection (h), upon its exercise a Reload Option shall be treated as a Primary Option.

  • The terms of such Award Agreement shall include, among other items, provisions providing that (A) the exercise price per share of Common Stock available for purchase under the Reload Option shall be no less than 100% of the Fair Market Value of such Common Stock on the date the Reload Option is granted and (B) the term of the Reload Option shall not extend beyond the remaining term of the Primary Option.

  • Any such election to purchase Option Shares shall be made with respect to the Primary Option Shares and the Secondary Option Shares in proportion to the maximum number of Option Shares to be sold by the Company and the Selling Stockholder, respectively, as set forth above.


More Definitions of Primary Option

Primary Option means the sole and exclusive right and option to acquire an undivided 51% legal and beneficial right, title and interest in and to the Claims, subject only to the Royalty;
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Primary Option. This is how I would like to make my rental payments. OR OR
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Primary Option means the option to purchase a number of shares of Common Stock equal to the Number of Primary Option Shares for the price per share of Common Stock equal to the Primary Option Exercise Price in effect at the time of any exercise of such option, subject in all respects to the terms and conditions of this Agreement, the grant to the Holder of which is made by this Agreement.
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Primary Option shall have the meaning set forth in the preambles to this Agreement. “Option Earn-In Date” shall have the meaning set forth in section 4.1.
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Primary Option shall have the meaning set forth in the preambles to this Agreement.
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Primary Option means the Optionee’s option to acquire a 51% undivided interest in the claims and leases comprising the Property, as provided in this Agreement;
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Related to Primary Option

  • Noncompensatory Option has the meaning set forth in Treasury Regulation Section 1.721-2(f).

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Director Option means an Option granted pursuant to Section 6.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Warrant Exercise Price means $0.05 per share.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Non-Statutory Option means an option not intended to satisfy the requirements of Code Section 422.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.