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Term Option definition

Term Option means an Investment Option in the Fund with a fixed Term, a Scheduled Withdrawal Date and a fixed rate of return. Unit holders may withdraw ANZ Bank New Zealand Limited 17during the term with approval from the Manager and an Early Withdrawal Rate Reduction may apply.
Term Option means the option of the Borrower to select Option A or Option B. The initial Mortgage Supplement shall designate whether the Borrower has selected Option A or Option B.
Term Option means a one-time option exercisable by the Borrower in accordance with Section 2.1(e).

Examples of Term Option in a sentence

  • If the Exchange opens less than thirty (30) Short Term Option Series for a Short Term Option Expiration Date, additional series may be opened for trading on the Exchange when the Exchange deems it necessary to maintain an orderly market, to meet customer demand or when the market price of the underlying security moves substantially from the exercise price or prices of the series already opened.

  • The opening of new Short Term Option Series shall not affect the series of options of the same class previously opened.

  • The strike price interval for Short Term Option Series may be $0.50 or greater for option classes that trade in $1 strike price intervals and are in the Short Term Option Series Program.

  • The Exchange may select up to fifty (50) currently listed option classes in which Short Term Option Series may be opened on any Short Term Option Opening Date.

  • The strike price of each Short Term Option Series will be fixed at a price per share, with approximately the same number of strike prices above and below the value of the underlying security at about the time that Short Term Option Series are initially opened for trading on the Exchange (e.g., if seven series are initially opened, there will be at least three strike prices above and three strike prices below the value of the underlying security).

  • Notwithstanding any other provisions in this Rule 404, Short Term Option Series may be added up to and including on the Short Term Option Expiration Date for that options series.

  • In the case of Quarterly Options Series, no Short Term Option Series may expire on the same day as an expiration of Quarterly Options Series in the same class.

  • The Exchange may also open additional strike prices on Short Term Option Series that are more than 50% above or below the current price of the underlying security (if the price is greater than $20) provided that demonstrated customer interest exists for such series, as expressed by institutional, corporate or individual customers or their brokers.

  • If the class does not trade in $1 strike price intervals, the strike price interval for Short Term Option Series may be $0.50 or greater where the strike price is less than $100 and $1.00 or greater where the strike price is between $100 and $150, and $2.50 or greater for strike prices greater than $150.

  • The Exchange may open up to thirty (30) initial series for each option class that participates in the Short Term Option Series Program.


More Definitions of Term Option

Term Option is defined in Section 7.1.

Related to Term Option

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

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • 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.

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

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

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

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

  • 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.

  • Employee Option means an Option granted pursuant to Section 5.

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

  • 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.

  • 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 Exercise Period has the meaning set forth in Section 6.4.

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

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

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

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

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

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

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

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

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