Option to Renew is defined in subsection 6.1 of this Agreement.
Compensation Options has the meaning ascribed in Section 8.1.
Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.
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.
Extension Option shall have the meaning set forth in Section 2.5(c) hereof.
Renewal Option has the meaning set forth in §12.1.
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Option Period means the period during which an Option may be exercised.
Call Option Date As defined in Section 10.01(a) hereof.
Top-Up Option has the meaning set forth in Section 1.04(a).
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.
Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;
Director Option means an Option granted pursuant to Section 6.
First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.
Option to Extend has the meaning given that term in Section 2.13.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.
Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.
Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.
Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".
Termination Right have the respective meanings given in the PRA Contractual Stay Rules.
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.
Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.
Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.
Option Grant Date means, as to any Stock Option, the latest of: