Xxxxxx Option definition

Xxxxxx Option means the option to purchase 46% of the voting interests of the General Partner.

Xxxxxx Option shall have the meaning specified in Section 2.9(b).

Xxxxxx Option has the meaning set forth in Section 12.01.

Examples of Xxxxxx Option in a sentence

• The Company does not expect any Xxxxxx Option Agreement or the relationship with the counterparties thereto to be terminated or adversely modified, amended or varied or adversely enforced against the Company or Canam, as applicable, other than in the ordinary course of business.

• The employment of each Cable Employee with Xxxxxx and its Affiliates will be treated as terminated as of the Distribution for purposes of any outstanding Xxxxxx Option held by such Cable Employee.

• The Company and Canam are not in violation, breach or default nor has it received any notification from any party claiming that the Company or Canam are in violation, breach or default under any Xxxxxx Option Agreement and no other party, to the knowledge of the Company, is in breach, violation or default of any term under any Xxxxxx Option Agreement.

• Neither the properties or assets (nor the Xxxxxx Option Agreements or any other option agreement or any interest in, or right to earn an interest in, any properties or assets) of the Company or the Subsidiaries are subject to any right of first refusal or purchase or acquisition rights of a third party.

• The Company and Canam have performed all obligations (including all necessary work and payment obligations) in a timely manner (and in accordance with all applicable work program progress and payment schedules or requirements) under the Xxxxxx Option Agreements, anticipate being able to continue to perform all such obligations moving forward and have been operating in accordance with the terms of and are in compliance with all terms and conditions contained in each Xxxxxx Option Agreement.

More Definitions of Xxxxxx Option

Xxxxxx Option an option to purchase shares of Xxxxxx Common Stock granted pursuant to the Xxxxxx Option Plan, together with any stock appreciation right or limited stock appreciation right issued in connection therewith. Xxxxxx Option Plan: the 1996 Stock Incentive Plan of Xxxxxx.

Xxxxxx Option means the option of Xxxxxx Energy to purchase 46% of the voting interest of the General Partner pursuant to and in accordance with the Xxxxxx Option Agreement.

Xxxxxx Option means the options to purchase 500,000 shares of Voting Common Stock granted under the Stock Option Agreement dated January 5, 1996 between the Company and Xxxxxxx X. Xxxxxx, as amended by the Separation Agreement between the Company and Xxxxxxx X. Xxxxxx dated as of November 8, 1996.

Xxxxxx Option an option to purchase Xxxxxx Shares;

Xxxxxx Option means the option by Xxxxxx Energy to purchase 46% of the equity interests of Foresight Energy GP LLC.

Xxxxxx Option has the meaning set forth in Section 3.2.2 of ------------- this Agreement.

Xxxxxx Option means the option granted to Xxxxxx pursuant to the Amended and Restated Option Agreement, of even date herewith, between CEC and Xxxxxx.