Compensation Option Units definition

Compensation Option Units has the meaning ascribed thereto in Section 2(1)(b).
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Compensation Option Units has the meaning given to that term in the sixth paragraph of this Agreement;
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Compensation Option Units with the underlying securities of the Compensation Option Units being the “Compensation Option Underlying Shares” and the “Compensation Option Underlying Warrants” with the Common Shares issuable upon exercise of the Compensation Option Underlying Warrants at a price of $22.00 for a period of 24 months following the Closing Date, being the “Compensation Option Underlying Warrant Shares”) at a price of C$18.60 for a period of 24 months following the Closing Date;
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Examples of Compensation Option Units in a sentence

  • Ensure that the nature of the complaint is minor and appropriate for resolution in this manner.

  • The Unit Shares, Warrants, Warrant Shares, Compensation Options, Compensation Option Units, Compensation Option Unit Shares, Compensation Option Warrants and the Compensation Option Unit Warrant Shares shall collectively be referred to as the “Offered Securities”.

  • Each Special Warrant is exercisable, for no additional consideration, under and subject to the terms described herein, for one unit of the Company (each an “Underlying Unit” and together with any Penalty Units (as defined below) and any Compensation Option Units (as defined below), the “Underlying Units”).

  • The Special Warrants will convert to Units on the day that is the earlier of (i) four months and a day following May 13, 2020 (the “Closing Date”); and (ii) the third business day after a receipt is issued for a final prospectus (the “Final Prospectus”) qualifying the distribution of the Units underlying the Special Warrants and the Compensation Option Units (defined herein).

  • The Local Plan also recognises that there has been a contraction in the number of bed spaces in recent years and has policies aimed at managing the reduction whilst preserving the essential character of the resort.

  • During the year ended September 30, 2021, the Agents have exercised 172,118 Compensation Option Units for total gross proceeds of $215,148.

  • The Compensation Options, Compensation Option Units, Compensation Option Shares and Compensation Option Warrants shall be referred to herein as the “Compensation Securities”.

  • At September 30, 2021, the total outstanding Compensation Option Units was 58,616.


More Definitions of Compensation Option Units

Compensation Option Units has the meaning ascribed thereto on page two of this Agreement;
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Compensation Option Units has the meaning ascribed to such term in Section 14(a) hereof.
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Compensation Option Units has the meaning ascribed thereto in Section 15; “Compensation Option Warrant Share” has the meaning ascribed thereto in Section 15; “Compensation Option Warrants” has the meaning ascribed thereto in Section 15; “Compensation Options” has the meaning ascribed thereto in Section 15;
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Related to Compensation Option Units

  • Compensation Options means the options of the Company to be issued to the Agent pursuant to Section 8.2 hereof to acquire Compensation Shares;

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • 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.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

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

  • Grant Funds means any and all funds allocated or disbursed to Grantee under this Agreement.

  • Incentive Distribution Right means a non-voting Limited Partner Interest issued to the General Partner, which Partnership Interest will confer upon the holder thereof only the rights and obligations specifically provided in this Agreement with respect to Incentive Distribution Rights (and no other rights otherwise available to or other obligations of a holder of a Partnership Interest). Notwithstanding anything in this Agreement to the contrary, the holder of an Incentive Distribution Right shall not be entitled to vote such Incentive Distribution Right on any Partnership matter except as may otherwise be required by law.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

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

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

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

  • 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.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Incentive Distribution Rights has the meaning assigned to such term in the Partnership Agreement.

  • DSUs means the deferred share units granted under the DSU Plan;

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

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

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

  • Put 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 tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

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