Remaining Option definition

Remaining Option has the meaning ascribed to it in Section 8.2.
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Remaining Option shall have the meaning ascribed thereto in the recitals hereto, and shall mean the additional grant by the Optionor to the Optionee of an additional option to acquire the Remaining Interest; and
Sample 1

Examples of Remaining Option in a sentence

  • The exercise price and number of shares subject to each Remaining Option shall be adjusted pursuant to the terms of the applicable Verizon Plan but in a manner consistent with the requirements of Section 424 of the Code.

  • Subject to any limitation required to comply with the provisions of Section 409A of the Code, each Remaining Option held by any person who is or becomes a Spinco Employee at the Effective Time shall vest and become immediately exercisable at the Effective Time, and will remain exercisable until the earlier of (i) 5 years following the Effective Time or (ii) the expiration of the stated term of the Original Option.

  • Pursuant to the NADG Agreement, NADG can close on any or all of the Remaining Option Parcels at any time during the Option Period.

  • The Remaining Option Parcels represent a total of approximately 82 acres and total potential proceeds to the Company of approximately $20.2 million, or approximately $248,000 per acre.

  • At the time the Company delivers such Repurchase Notice to the holders of such Remaining Option Shares, the Company shall also deliver written notice to each Investor setting forth the amount of securities such Investor is entitled to purchase, the aggregate purchase price, and the time and place of the closing of the transaction.

  • Riparian zones are therefore dynamic environmental transition zones that are regularly influenced by freshwater, and characterised by strong energy regimes, considerable habitat diversity, a variety of ecological processes and multidimensional gradients (Naiman et al.

  • Any Investor may condition its election to purchase such Remaining Option Shares on the election of one or more other Investors to purchase Remaining Option Shares.

  • The remaining one hundred thousand (100,000) shares (the “Remaining Option Shares”) shall vest over a four year period commencing upon the date of grant, according to the following vesting schedule: 1/48 of the Total Remaining Option Shares shall become exercisable on a monthly basis.

  • If an Investor elects to purchase all or any portion of the Remaining Option Shares, such Investor shall pay for such Option Shares by certified check or wire transfer of funds.

  • Further, each Option shall not be deemed to be properly exercised if, as of the date of the Option Notice or at the end of the then applicable Final Remaining Option Premises Term or Option Term, Tenant (i) is in uncured default under the Lease, (ii) has assigned the Lease or its interest therein, or (iii) has sublet more than fifty percent (50%) of the Final Remaining Premises.

Related to Remaining Option

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

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

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • 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.

  • 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.

  • Interest Option has the meaning given such term in Section 2.5(c).

  • Option Period means the period during which an Option may be exercised.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

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

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

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

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

  • Optioned Stock means the Common Stock subject to an Option.

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

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;