American Option definition

American Option means an Option Transaction in which the Option is exercisable on each Exercise Business Day during a period from (and including) the Commencement Date to (and including) the Expiration Date.
American Option. (or American Style Option) - means an Option which can be exercised at any time until its Expiration Date.
American Option is an Option which is exercisable during Exercise Hours on any Business Day up to and including its Expiration Date. A “European Option” is an Option which is exercisable during Exercise Hours only on its Expiration Date. Exercise shall in either case be accomplished by the Holder delivering to the Writer a Notice of Exercise. In the case of an American Option, if the Notice of Exercise is received by the Writer after Exercise Hours on any Business Day prior to its Expiration Date, such Notice of Exercise shall be deemed to be given at the opening of Exercise Hours on the next Business Day. In the case of a European Option, a Notice of Exercise may be given to the Writer prior to the Expiration Date, but such Notice of Exercise shall be irrevocable once given and such exercise shall be effective only as of the Expiration Date.

Examples of American Option in a sentence

  • Each party agrees that, if Lazard Group exercises the North American Option or the European Option, each party shall execute, acknowledge, deliver, file, record and publish such further certificates, amendments to certificates, instruments and documents, and do all such other acts and things as may be required by law, or as may be required to carry out the intent and purposes of this Agreement with respect to the North American Option or the European Option, as applicable.

  • Each party shall pay its own costs and expenses in connection with the exercise of the North American Option and European Option and the purchase and sale of all of the outstanding limited liability company interests of LAI North America and issued shares in the share capital of LAI Europe, respectively, pursuant thereto.

  • There are a range of option settlement alternatives, including: • American Option: Option which may be exercised at any time during its lifetime, up to and including the expiration date.

  • Surround, Cigna True Choice Med., and United American Option 4B ▇▇▇▇▇▇ Med.

  • The terms of the Transaction to which this Confirmation relates are as follows: Trade Date: September 14, 2017 Option Style: American Option Type: Call Seller: Party B Buyer: Party A Number of Options: 1 Option Entitlement: 27,500,000 Shares (the “Specified Shares”).

  • In the case of an American Option, if the notice of exercise is received by the writer after 4:00 P.M., New York time, on any Business Day prior to its Expiration Date, such notice of exercise shall be deemed to be given on the opening of business on the next Business Day.

  • Option Style: American Seller: Counterparty Buyer: CIBC Procedure for Exercise: American Option Exercise Period: From and including March 1, 2006, up to and including the Expiration Date.

  • Surround, Cigna True Choice Med., and United American Option 4B Kaiser Med.

  • Except as set forth above, as of the date hereof, there are no shares of First American Stock authorized and reserved for issuance, First American does not have any Rights outstanding with respect to First American Stock, and First American does not have any commitment to authorize, issue or sell any First American Stock or Rights, except pursuant to this Agreement, outstanding First American Stock Options, the First American Option and the First American Stock Plans.

  • All other terms and conditions of each American Option shall remain the same and American and Sunburst shall provide an appropriate notice to each American Option holder.


More Definitions of American Option

American Option means an Option Transaction specified as such in the relevant Confirmation.
American Option the meaning specified in Paragraph 5(a) hereof;

Related to American Option

  • 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.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

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

  • Option means a stock option granted pursuant to the Plan.

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