First Refusal Right means the right granted to the Corporation in accordance with Article E.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Repurchase Right means the right granted to the Corporation in accordance with Article D.
Transferable development right means a right to develop and use land that
Termination Right have the respective meanings given in the PRA Contractual Stay Rules.
Stock Right means an Award under Article VI of the Plan. A Stock Right may be either a Stock Appreciation Right or a Limited Stock Appreciation Right.
Repurchase Option has the meaning set forth in Section 1.3(a) hereto.
Limited Right means the right to receive an amount of cash based upon the terms set forth in Section 9.
Capacity Transfer Right means a right, allocated to LSEs serving load in a Locational Deliverability Area, to receive payments, based on the transmission import capability into such Locational Deliverability Area, that offset, in whole or in part, the charges attributable to the Locational Price Adder, if any, included in the Zonal Capacity Price calculated for a Locational Delivery Area.
Right of Repurchase means the Company’s right of repurchase described in Section 7.
Renewal Option has the meaning set forth in §12.1.
Employee Option means an Option granted pursuant to Section 5.
Automatic Exercise Applicable; and means that for each Expiration Date, a number of Warrants equal to the Daily Number of Warrants for such Expiration Date will be deemed to be automatically exercised at the Expiration Time on such Expiration Date.
Vested Shares means "Vested Shares" as defined in the Award Agreement.
Conversion Right has the meaning set forth in Section 4.05(a) hereof.
Default Right has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.
Option to Renew is defined in subsection 6.1 of this Agreement.
Notification of Award means date which is earlier of either a Fax of Intent (FOI) or Letter of Intent (LOI) or Letter of Award (LOA) issued to a successful bidder for award of the work pursuant to bidding process.
the award , except in sub-paragraph (2), means—
Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.
Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.
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.
Option means a stock option granted pursuant to the Plan.
Unvested Shares means "Unvested Shares" as defined in the Award Agreement.
Performance Right means a right to acquire a Share subject to the satisfaction of applicable vesting conditions.
Reload Option means any Option granted under Section 6(a)(iv) of the Plan.