Accelerated Amount definition
Examples of Accelerated Amount in a sentence
If the Option is an Incentive Stock Option, the Accelerated Amount under this Section shall remain exercisable as an Incentive Stock Option under Code Section 422 only to the extent that the $100,000 dollar limitation of Code Section 422(d) is not exceeded.
Accelerated Amount: Any amount that became due on or under the ------------------ Secured Obligation because Lender exercised an acceleration right arising from the Loan Default.
Landlord shall be entitled to recover from Tenant (i) unpaid Rent or such other amounts which have been earned or are payable at the time of termination, and (ii) as liquidated damages and not as a penalty, the Accelerated Amount.
To the extent that such dollar limitation is exceeded, the Accelerated Amount shall be exercisable as a Non-Qualified Stock Option.
In order for the Company to exercise any Accelerated Payment Option, (1) the applicable Accelerated Amount shall be added to the Installment Amount to be paid to the Holder in any Company Redemption and/or Company Conversion on the applicable Installment Date pursuant to this Section 8 and (2) Vasogen shall issue the appropriate number of Accelerated Payment Options Warrants on the applicable Installment Date.