Total Option Amount definition

Total Option Amount means the amount of Options granted to a Participant in a single Option Grant.
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Total Option Amount means the aggregate amount the Optionholders are entitled to receive (after giving effect to the reduction for the aggregate exercise prices for the Options) in consideration for the cancellation of the Options pursuant to Section 2.3 (and for avoidance of doubt, without regard to any Tax withholding or any reductions provided for in Section 2.7).
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Total Option Amount means the quotient obtained by dividing (a) the product of the Fully Diluted Amount and the Total Option Number by (b) the Average Closing Price.
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Examples of Total Option Amount in a sentence

  • MAXIMUM TOTAL The Maximum Total Option Amount is the lesser of: OPTION AMOUNT 1.

  • MISSTATEMENT OF AGE AND/OR SEX OF THE DESIGNATED LIFE AND/OR THE INSURED If the age and/or (in a non-unisex policy) sex has been misstated on the application, we will adjust the Total Option Amount to be the Total Option Amount that would have been provided had this information been correctly stated.

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  • MAXIMUM OPTION The Maximum Option Amount is the maximum amount of AMOUNT additional life insurance that can be purchased on each Purchase Option Date subject to the Maximum Total Option Amount below.

  • The Monthly Expense Charge is determined by the Total Option Amount for this rider, reduced by the face amount of any option policies purchased, then divided by 1,000 and multiplied by the Monthly Expense Charge Rate shown on the Policy Specifications page or, if this rider is added after issue, the Policy Specifications page for Policy Change.

  • The Total Option Amount is the amount shown on the Policy Specifications page as "Guaranteed Survivor Purchase Option Rider" or, if this rider is added after issue, on the Policy Specifications page for Policy Change as "Guaranteed Survivor Purchase Option Rider." CURRENT OPTION AMOUNT The Current Option Amount is the Total Option Amount divided by the number of Option Periods elected in the application for this rider.

  • MAXIMUM OPTION The Maximum Option Amount is the maximum amount of additional AMOUNT life insurance that can be purchased on each Purchase Option Date subject to the Maximum Total Option Amount below.

  • In the case of an Option Period that begins on the date of death of the Insured, the Current Option Amount is the Total Option Amount reduced by the face amount of any option policies previously purchased.

  • The Monthly Expense Charge is determined by the Total Option Amount for this rider, divided by 1,000 and multiplied by the Monthly Expense Charge Rate shown on the Policy Specifications page or, if this rider is added after issue, the Policy Specifications page for Policy Change.

  • Prior to the Closing, Target shall cause each outstanding option to purchase shares of Target's Stock (an "Option"), whether or not then exercisable, to be canceled and converted into the right to receive an amount in cash (the "Total Option Amount") equal to the product, rounded to four decimal places, of (i) the amount by which the Per Share Amount exceeds the exercise price per share subject to the Option and (ii) the number of shares subject to the Option.


More Definitions of Total Option Amount

Total Option Amount shall have the meaning set forth in Section 1.7 hereof.
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Related to Total Option Amount

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Share Dilution Amount means the increase in the number of diluted shares outstanding (determined in accordance with GAAP applied on a consistent basis, and as measured from the date of the Issuer’s most recent consolidated financial statements prior to the Signing Date) resulting from the grant, vesting or exercise of equity-based compensation to employees and equitably adjusted for any stock split, stock dividend, reverse stock split, reclassification or similar transaction.

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • Retention Amount means, in relation to any Retention Date, such sum as shall be the aggregate of:

  • Cash Election Amount means the product of the number of Cash Election Shares multiplied by the Cash Election Consideration.

  • Quotation Amount means the amount in the Relevant Currency stated as the notional amount with respect to a particular Limit Bid, Limit Offer, Initial Market Bid, Initial Market Offer, Physical Settlement Buy Request or Physical Settlement Sell Request in a Participating Bidder's Initial Market Submission, a Physical Settlement Request or Limit Order Submission, as applicable, which amount in each case will be an integral multiple of an amount equal to the Quotation Amount Increment.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Tax Limitation Amount means the maximum amount which may be placed as the Appraised Value on the Applicant’s Qualified Property for maintenance and operations tax assessment in each Tax Year of the Tax Limitation Period of this Agreement pursuant to Section 313.054 of the TEXAS TAX CODE.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Investor Uncovered Dilution Amount means an amount equal to the product of (x) the Series Allocation Percentage for the related Monthly Period (determined on a weighted average basis, if one or more Reset Dates occur during that Monthly Period), times (y) the aggregate Dilutions occurring during that Monthly Period as to which any deposit is required to be made to the Excess Funding Account pursuant to Section 3.9(a) of the Transfer and Servicing Agreement or Section 3.9(a) of the Pooling and Servicing Agreement but has not been made; provided that, if the Transferor Amount is greater than zero at the time the deposit referred to in clause (y) is required to be made, the Investor Uncovered Dilution Amount for such amount to be deposited shall be deemed to be zero.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Forward Price Reduction Amount For each Forward Price Reduction Date, the Forward Price Reduction Amount set forth opposite such date on Schedule I. Shares: Common stock, USD 0.01 par value per share, of Party B (also referred to herein as the “Issuer”) (Exchange identifier: “VICI”). Exchange: New York Stock Exchange. Related Exchange(s): All Exchanges. Clearance System: DTC. Calculation Agent: Party A.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Conversion Amount means the sum of the Stated Value at issue.

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Participation Amount as defined in Section 3.4(b).

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Per Share Amount has the meaning set forth in the Recitals.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Option Payment shall have the meaning set forth in Section 3.4.

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA;