Reciprocal Option definition

Reciprocal Option means the option granted pursuant to the option agreement dated the date hereof between the Grantee, as issuer of such option, and Issuer, as grantee of such option.
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Examples of Reciprocal Option in a sentence

  • Except as otherwise expressly provided herein, in the Reciprocal Option or in the Merger Agreement, this Agreement contains the entire agreement between the parties with respect to the transactions contemplated hereunder and supersedes all prior arrangements or understandings with respect thereof, written or oral.

  • Tasch paid $9,600 to settle that suit and get the lis pendens discharged.Although the parties did not address and argue this issue, the Court believes that the Reciprocal Option Agreement terminated upon the death of the Raes and the Heirs were not obligated to provide notice to Tasch when they received the offer to purchase from the Eckholds.The Reciprocal Option Agreement was executed in 1959.

  • Reciprocal Option Agreement between Newmont Mining Corporation ( a successor to Santa Fe Pacific Gold Corporation) and Echo Bay Mines Ltd.

  • At Closing, and effective as of the Closing Date, Buyer and Sellers shall, and shall cause their Affiliates to, terminate and release all of their respective rights and obligations under: (i) Section 2.3(a)(iv) of the Reciprocal Option Agreement dated as of May 23, 2000, between Buyer and Echo Bay Mines Ltd., as amended by First Amendment dated July 7, 2000; and (ii) the Corrective Royalty Agreement dated as of July 7, 2000, among Newmont Russia Holdings Limited, Echo Bay Mines Ltd.

Related to Reciprocal 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.

  • Renewal Option has the meaning set forth in §12.1.

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

  • Covered Call Option means an exchange traded option 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 (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

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

  • 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.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

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

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

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

  • 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.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Option means a stock option granted pursuant to the Plan.

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

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • 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.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • 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.

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.