Acceptance Option definition

Acceptance Option is defined in Clause 6.4(c)(ii).

Examples of Acceptance Option in a sentence

  • Assumes no Participating Preferred Trust Units are issued at the lower prices pursuant to the exercise of the Subscription Acceptance Option.

  • Pursuant to the Subscription Acceptance Option, the Administrator will have the discretion to accept subscriptions at the lower issue price even though the pricing thresholds set out above are exceeded, in circumstances where subscriptions have previously been submitted but were not processed prior to the threshold being exceeded.

  • If the Subscription Acceptance Option were exercised in full, the total number of Participating Preferred Trust Units outstanding after the maximum offering would be 283,007.

  • In addition to the Subscription Acceptance Option, the Administrator will also have the discretion to accept orders for Participating Preferred Trust Units at any of the applicable prices beyond the 25% thresholds described above if in the opinion of the Administrator it is advantageous to the Trust to do so.

  • Before exercise of the Subscription Acceptance Option (as defined herein).

  • Liability in the Absence of Acceptance: Option Contracts, Offeree Reliance, and Statutory Limitations on Revocation265 1.

  • If the Subscription Acceptance Option were exercised in full, a total of 66,000 Participating Preferred Trust Units would be issued at $100, 29,999 Participating Preferred Trust Units would be issued at $110 and 16,273 Participating Preferred Trust Units would be issued at $120, and the Gross Proceeds and Available Funds would be$11,852,650 and $9,767,650, respectively.

  • The Trust will invest all the Gross Proceeds in the Partnership by acquiring up to 226,406 LP Units (or up to 283,007 LP Units if the Subscription Acceptance Option is exercised) at prices equal to the proceeds from the sale of the Participating Preferred Trust Units.

  • If the Subscription Acceptance Option were exercised in full, a total of 104,166 Participating Preferred Trust Units would be issued at $90, 62,500 Participating Preferred Trust Units would be issued at $100, 59,524 Participating Preferred Trust Units would be issued at $105 and 56,817 Participating Preferred Trust Units would be issued at $110, for a total of 283,007 Participating Preferred Trust Units, and the Gross Proceeds and Available Funds would be $28,125,000 and$23,950,000, respectively.

  • Over 90% of members investments by value are held in the LifePath funds.

Related to Acceptance Option

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

  • 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.

  • Covenant Defeasance Option is defined in Section 4.01(b) of the Indenture.

  • Legal Defeasance Option is defined in Section 4.01(b) of the Indenture.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • First Option has that meaning set out in Section 3.1 (a);

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

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Interest Option means LIBOR or the Reference Rate.

  • 'Survivor's Option means, where applicable, the right of a holder of a Note to require the Company to repay such Note prior to its Stated Maturity upon the death of the owner of such Note, subject to the provisions hereof relating to such option."

  • Acceptance period, as used in this provision, means the number of calendar days available to the PHA/IHA for awarding a contract from the date specified in this solicitation for receipt of bids.

  • Replacement Option has the meaning set forth in Section 3.06.

  • Offer Acceptance Time is defined in Section 6.1(b) of the Agreement.

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

  • Notice of Grant means a written or electronic notice evidencing certain terms and conditions of an individual Option or Stock Purchase Right grant. The Notice of Grant is part of the Option Agreement.

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

  • Acceptance Date has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Employee Option means an Option granted pursuant to Section 5.

  • Substitute Option means an Option granted in substitution for, or upon the conversion of, an option granted by another entity to purchase equity securities in the granting entity.

  • Acceptance Window shall have the meaning specified in paragraph 2B(5).

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • 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.

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

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