Active Option definition

Active Option means a Firm or Non-Firm Contracted Option that is used to meet the energy requirements of the VIPP Supplier in the Payment Period. This Contracted Option shall incur the full Option Fee. This Contracted Option must be nominated as an Active Option;
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Examples of Active Option in a sentence

  • Non Firm Active Options 3 digit number Format - nnn Non Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Non Firm Exercisable Options 3 digit number Format - nnn Non Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than six months from the start of the Non green VIPP3 Agreement.

  • Detail Record: Field Name Field Length / Type Description Firm Active Options 3 digit number Format - nnn Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Firm Exercisable Options 3 digit number Format - nnn Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than six months from the start of the Non green VIPP3 Agreement.

  • Non Firm Longer-Term Active Options 3 digit number Format - nnn Non Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Non Firm Longer-Term Exercisable Options 3 digit number Format - nnn Non Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than six months from the start of the Non green VIPP3 Agreement.

  • Detail Record: Field Name Field Length / Type Description Firm Active Options 3 digit number Format - nnn Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Firm Exercisable Options 3 digit number Format - nnn Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than six months from the start of the Non green VIPP2 Agreement.

  • Non Firm Active Options 3 digit number Format - nnn Non Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Non Firm Exercisable Options 3 digit number Format - nnn Non Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than six months from the start of the Non green VIPP2 Agreement.

  • Detail Record: Field Name Field Length / Type Description Firm Active Options 3 digit number Format - nnn Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Firm Exercisable Options 3 digit number Format - nnn Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than six months from the start of the Non green VIPP5 Agreement.

  • Non Firm Active Options 3 digit number Format - nnn Non Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Non Firm Exercisable Options 3 digit number Format - nnn Non Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than six months from the start of the Non green VIPP5 Agreement.

  • Non-Firm Active Options 3 digit number Format - nnn Non-Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Non-Firm Exercisable Options 3 digit number Format - nnn Non-Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than 30 November 2004.

  • Non-Firm Longer-Term Active Options 3 digit number Format - nnn Non-Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Non-Firm Longer-Term Exercisable Options 3 digit number Format - nnn Non-Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than 30 November 2004.

  • Detail Record: Field Name Field Length / Type Description Firm Active Options 3 digit number Format - nnn Firm Contracted Option that is used to meet the energy requirements of the VIPP supplier in the Payment Period Firm Exercisable Options 3 digit number Format - nnn Firm Contracted option that the VIPP Supplier does not nominate as an Active Option, but retains the right to use at a future date, not later than 30 November 2004.

Related to Active Option

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Negative option feature means, in an offer or agreement to sell or provide any goods or services, a provision under which the customer’s silence or failure to take an affirmative action to reject goods or services or to cancel the agreement is interpreted by the seller as acceptance of the offer.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

  • Parent Stock Option means any option to purchase Parent Common Stock.

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

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

  • NQSO means any Option that is not an ISO.

  • SAR means a stock appreciation right granted under the Plan.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • 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.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

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

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Director Option means an Option granted pursuant to Section 6.

  • Ten Percent Owner Optionee means an Optionee who, at the time an Option is granted to the Optionee, owns stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of a Participating Company within the meaning of Section 422(b)(6) of the Code.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • NSO means a stock option not described in sections 422 or 423 of the Code.