Stock Option Loans definition

Stock Option Loans means (a) borrowings under that certain Credit Agreement dated as of March 13, 1998, as amended, among Time Warner, The Chase Manhattan Bank, as administrative agent thereunder, and the lenders party thereto; provided the lenders thereunder shall not have the benefit of any Lien other than on the Capital Stock of AOLTW and proceeds therefrom or (b) borrowings under substantially similar facilities.
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Stock Option Loans means (i) borrowings under that certain Credit Agreement dated as of May 23, 1996 between TWI, The Chase Manhattan Bank, as administrative agent, and the lenders party thereto, as such agreement is in effect on the date hereof or as amended hereafter in any manner not materially less favorable either to the lenders thereunder or to the other creditors of TWI; provided the lenders thereunder shall not have the benefit of any Lien other than on the Capital Stock of TWI and proceeds therefrom or (ii) borrowings under substantially similar facilities.
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Examples of Stock Option Loans in a sentence

  • Although very significant in itself, the debate – as reflected in the recent polls of public opinion mentioned above – had a limited impact outside certain segments of the intelligentsia.

  • The Purchase Price due to a Participant in connection with a repurchase transaction under the Plan shall be applied first to the repayment of any outstanding Stock Option Loans owed by the Participant, and any remaining balance will be paid to the Participant in cash.

  • I have endeavoured to do several things: firstly, to identify the epistemological foundations of my research, rooted in a critical paradigm (Kincheloe, 2005, p.

  • The Company will apply the proceeds from any repurchases of Qualifying Stock from a Participant first to the repayment of any outstanding loans under the Stock Option Plan ("Stock Option Loans") owed by such Participant, and second, to the distribution of any remaining proceeds to such Participant.

  • Learning Curve shall ------------------------------------ cause any Related Party that has any obligation to Learning Curve or any of its Subsidiaries pursuant to any loan, advance or other debt outstanding as of the date of this Agreement to repay such loan, advance or other debt in full at or prior to the Closing Date; provided, however, that the Stock Option Loans shall be repaid as provided in section 2.8 hereof.

  • You may exercise the vested portion of the Options granted to you under Section 4 through loans from the Company ("Stock Option Loans").

  • Research published by Mori suggests that as the Public Sector serves people in many different ways, customers should to be broken down into key groups before their “needs, aspirations and expectations” can be identified.

  • The Plan also provides Participants with a convenient way to sell Qualifying Stock to the Company to pay down outstanding Stock Option Loans.

  • The Company agrees to make the Executive loans (the "Stock Option Loans") in the amounts necessary to exercise the shares subject to the Option and all other stock options held by or granted hereafter to Executive (the "Stock Options").

  • The principal of such Stock Option Loans shall not exceed $2,500,000 in the aggregate and shall be full recourse loans with a three (3) year term and the underlying shares shall be pledged to secure such loan and held in an escrow account until repayment of the loan.

Related to Stock Option Loans

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • 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.

  • Company Stock Options means any option to purchase Company Common Stock pursuant to any Company Stock Plans.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

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

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

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

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Company Stock Option Plans means the Company’s 2000 Employee Stock Option Plan, 1997 Employee Stock Option Plan and 1995 Stock Option Plan, in each case as amended.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • 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.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • SARS means the South African Revenue Service.

  • 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.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • NQSO means any Option that is not an ISO.

  • NSO means a stock option not described in sections 422 or 423 of the Code.

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

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Non-Qualified Stock Option means any Stock Option that is not an Incentive Stock Option.