Standalone Option definition

Standalone Option means the standalone unapproved option over such number of ordinary shares of 2.5 pence each in the capital of the Company as is equivalent to three per cent of the entire issue share capital of the Company following Admission granted to David Evans
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Examples of Standalone Option in a sentence

  • A The Company has granted the Standalone Options to the Standalone Option Holder.

  • Licensee shall pay Licensor the Per-Telecast Fees and applicable SVOD Standalone Option Fees (collectively, the “License Fees”) as set forth herein.

  • Subject to the satisfaction of the conditions in clause 3.1, the Standalone Option Holder agrees to the cancellation of the Standalone Options with effect from the Effective Time, at which time the Standalone Options will have no further force or effect and the rights and entitlements of the Standalone Option Holder with respect to the Standalone Options will cease.

  • The development and commercial event payments under this Section 9.7 shall be paid ***, as follows: Development and Commercial Event The 1st Product to Reach Milestone Event (Standalone Initial Compound Product or Product containing a combination of an Initial Compound and an Option Compound) Million US$ Standalone Option Compound Product Million US$ Each milestone in the table shall be paid ***.

  • For the avoidance of doubt, if Licensee exercises the SVOD Standalone Option for both the Initial Term and the Extension Term (i.e., the entire Output Term), the aggregate SVOD Standalone Option Fee will be two million Canadian dollars (C$2,000,000).

  • Subject to clause 3.1, the Standalone Option Holder agrees to the cancellation of all, and not part only, of the Standalone Options held by it as at the date of this deed without any further action or consent on the part of the Company or the Standalone Option Holder.

  • C The parties have agreed that in conjunction with the Share Scheme, the Standalone Options will be cancelled and, in consideration of the cancellation, Unilife Corporation will issue Unilife Corporation Standalone Options to the Standalone Option Holder.

  • Each time Licensee exercises an SVOD Standalone Option, Licensee shall pay Licensor an “SVOD Standalone Option Fee” of one million Canadian dollars (C$1,000,000).

  • To the extent Licensee exercises an SVOD Standalone Option, Licensee shall pay Licensor one hundred percent (100%) the applicable SVOD Standalone Option Fee no later than the next payment of a Per-Telecast Fee subject to receipt of Licensor’s invoice net thirty (30) days.

  • Tranche 1 Number: [ ] x the Consolidation Ratio Exercise Price: A$1.25 x the Consolidation Ratio Expiry date: Third anniversary of the date of grant of the Standalone Options the Unilife Corporation Standalone Option replaces.

Related to Standalone 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.

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

  • 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.

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

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.