Transaction Options definition

Transaction Options has the meaning set forth in Section 2.6(f).
Transaction Options. The Earnout Options shall be further divided into three separate sub-categories, the first of which shall consist of Earnout Options in respect of 40% of the total number of Converted Option Shares applicable to Earnout Options (the “First Tranche Earnout Options”), the second of which shall consist of Earnout Options in respect of 30% of the total number of Converted Option Shares applicable to Earnout Options (the “Second Tranche Earnout Options”) and the third of which shall consist of Earnout Options in respect of 30% of the total number of Converted Option Shares applicable to Earnout Options (the “Third Tranche Earnout Options”), as follows (it being understood that each category of Earnout Options shall consist of whole shares so that the three categories may not pertain exactly to the percentages set forth above but shall be as close to such percentages as possible; provided that the total number of shares of First Tranche Earnout Options, Second Tranche Earnout Options and Third Tranche Earnout Options shall equal 100% of the Earnout Options as calculated in accordance with this Section 2.6(g)): (A) the First Tranche Earnout Options shall be exercisable only if (i) they are otherwise exercisable pursuant to the vesting and other terms and conditions of the Company Option (except as set forth in Section 2.6(g) of the Company Disclosure Statement) and (ii) the First Target Shares are released to Company Stockholders pursuant to Section 2.8, (B) the Second Tranche Earnout Options shall be exercisable only if (i) they are otherwise exercisable pursuant to the vesting and other terms and conditions of the Company Option (except as set forth in Section 2.6(g) of the Company Disclosure Statement) and (ii) the Second Target Shares are released to Company Stockholders pursuant to Section 2.8 and (C) the Third Tranche Earnout Options shall be exercisable only if (i) they are otherwise exercisable pursuant to the vesting and other terms and conditions of the Company Option (except as set forth in Section 2.6(g) of the Company Disclosure Statement) and (ii) the Third Target Shares are released to Company Stockholders pursuant to Section 2.8. If any Tranche of Escrowed Earnout Shares is cancelled, the category of Earnout Options that would otherwise become exercisable upon the release of such Escrowed Earnout Shares shall also be cancelled at such time. The per share exercise price of each Converted Option rounded up to the nearest whole cent shall be the same...
Transaction Options means the 50 million options to subscribe for Shares described in Section 4.3.

Examples of Transaction Options in a sentence

  • If a Qualified IPO is not consummated within 19 months following the Effective Date, then ID&T shall have the right to require SFX to acquire the following for an aggregate cash purchase price of $10 million (the “Put Price”): (i) any SFX Shares that have been issued to ID&T or ID&T’s right to acquire SFX Shares, as applicable; (ii) all Transaction Warrant Shares that ID&T has acquired pursuant to exercising Transaction Warrants; and (iii) any the Transaction Options to the extent not exercised.

  • Transactions Options: (The Transaction Options are located on the right side of the screen)Round Calculations: Interest amounts are rounded each Payment PeriodCheck #: Transactions posted from the Journal are shown by Check #.Expense Acct: Transactions posted from the Journal are shown by Expense Acct Name.7. To View Loan Amortization: Click the AMORTIZATION tab.Amortization Options: (The Amortization Options are located on the right side of the screen)Std.

  • Unless otherwise provided in an Award, the Committee shall have the right to determine and provide that in the event of a Covered Transaction, Options outstanding as of the date of the Covered Transaction shall be cancelled and terminated without payment without requiring the consent of the Participant if the fair market value of one share of Stock as of the date of the Covered Transaction is less than the per share Option exercise price.

  • Executive shall receive an option for 50,000 shares of Transaction Options.

  • The Waiver does not apply to the issue of the VanRes Consideration Shares to be issued upon satisfaction of Milestone 1, the Steelpoort Consideration Shares or the Transaction Options.

  • Executive acknowledges that the Conversion Options and the Transaction Options are granted to the Executive in replacement and in full satisfaction of any right the Executive might have under the options previously granted to the Executive by the Employer and the Executive acknowledges that the sole right to any options that he or she has as of the date hereof is in the Conversion Options and Transaction Options.

  • You do not need to report any SECURITIES ACCOUNT where you do not have any influence or control prior to a trade.

  • Federated Backup If you want to back up transaction logs from different instances ordifferent servers, click this field and then add databases to a federated group.Marking Transaction Options If you specified a federated backup group, choose the default mark nameand description or modify them.

  • The Transaction Options will be exercisable at a price of $0.06 per Common Shares.

  • If you have a loan account with Embassy Bank, you appoint the Bank as your agent for purposes of taking any action necessary to complete your request for a loan advance from your loan account and deposit the loan advance in your designated account at the Bank. Overdraft protection (credit extended to cover overdrafts due to insufficient funds) for any Activated Account will only be available if the Bank has approved an overdraft credit facility for such Activated Account.


More Definitions of Transaction Options

Transaction Options means the Options, in an aggregate amount equal to 8.0% of the issued and outstanding Common Shares and with an exercise price of $0.06 per Common Share, to be granted upon completion of the Transaction;

Related to Transaction Options

  • 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.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

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

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

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

  • Compensation Options has the meaning ascribed in Section 8.1.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

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

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

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

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

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

  • Termination Transaction has the meaning set forth in Section 11.2.B hereof.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Bidders from a country which shares a land border with India for the purpose of this Order means:

  • Optioned Stock means the Common Stock subject to an Option.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.