Bermuda Option definition

Bermuda Option means an Option Transaction in which the Option is exercisable on each Exercise Business Day so agreed to between the parties (each a "Scheduled Exercise Date") and on the Expiration Date, subject to adjustments in accordance with Section 3(6) of the General Provisions.
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Examples of Bermuda Option in a sentence

  • The Commission recommended the following 3 options for a minimum wage in Bermuda: Option 1 The median hourly wage for 2019 was $31.41.

  • The Exercise Period for a Bermuda Option is defined in Section 3.5(c) of the 1998 FX and Currency Option Definitions.

  • If the parties agree to apply "Multiple Exercise" to an American Option or Bermuda Option, then the Buyer shall be entitled to exercise parts of or the entire Unexercised Quantity once or several times during the Exercise Period, provided that any Exercise Notice specifies the Exercise Quantity.

  • Page 31 EC50 half maximal effective concentrationPAM positive allosteric modulator PNU PNU-120596 Ds PAM-sensitive nonconducting desensitized stateDi PAM-insensitive nonconducting desensitized state References[1].

  • If a Commencement Date, Potential Exercise Date (Bermuda Option) or Expiration Date falls on the Relevant Date, such Commencement Date, Potential Exercise Date or Expiration Date should instead be the next following Scheduled Trading Day (which is expected to be September 23, 2022).

  • If an Original Holiday falls in the Exercise Period for an American Option and the Option Buyer purports to exercise the Option on such Original Holiday, exercise will occur on such date.Rescheduled HolidaysIf a Commencement Date, Potential Exercise Date (Bermuda Option) or Expiration Date falls on a Rescheduled Holiday, such Commencement Date, Potential Exercise Date or Expiration Date should be moved to the next following Scheduled Trading Day.

  • Relevance: In respect of options, Expiration Dates and Bermuda Option Exercise Dates will be adjusted if they fall on days which are not Exercise Business Days.

  • In respect of an American Option or a Bermuda Option, the Receiving Party may then elect to terminate that part of the Transaction consisting of the exercised Options by giving notice to the Delivering Party.

  • Our experience showed that partial hospital patients were generally better functioning than inpatients despite often having clinically significant psychotic symptoms.Author ManuscriptA research assistant reviews new admissions via an electronic medical records system and obtains physician permission to approach the potential participant about the study.

  • If a Commencement Date, Potential Exercise Date (Bermuda Option) or Expiration Date falls on the Relevant Date, such Commencement Date, Potential Exercise Date or Expiration Date should instead be the next following Scheduled Trading Day (which is expected to be September 27, 2022).

Related to Bermuda Option

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

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

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

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

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

  • 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.

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

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Optioned Stock means the Common Stock subject to an Option.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Option 2 [_] An amount equal to the sum of ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which does not exceed ________% of the Contributing Participant's Compensation plus ________% of the portion of such Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which exceeds ________% of the Contributing Participant's Compensation.

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

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Equity Award means stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares or any other form of award that is measured with reference to the Stock.

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

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

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

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

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Sub-grant means a grant made or proposed to be made by the Recipient to a Beneficiary out of the proceeds of the Financing for the purpose of financing a Subproject; and “Sub-grants” means more than one such Sub-grant.

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

  • Parent Option means an option to purchase shares of Parent Common Stock.