Corporation Option definition

Corporation Option means an option to acquire Corporation Class A Shares awarded pursuant to a Corporation MSOP.
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Corporation Option means the option of the Corporation for the period of 12 calendar months following the Issue Date to require each purchaser named in the Series B Purchase Agreement to purchase either additional Series B Notes or additional shares of Series B Preferred Stock, and in each case, warrants of the Corporation for an aggregate purchase price not to exceed $20,000,000, all in accordance with the Series B Purchase Agreement.
Sample 1

Examples of Corporation Option in a sentence

  • These contentions do not form part of O’Brien’s legal claims against defendants.instead a “middle man” for Option One Mortgage Corporation (Option One).3 Id. ¶ 26.

  • On July 17, 2006, Alliance assigned the note and mortgage to Option One Mortgage Corporation, ("Option One").

  • Legislation requiring due diligence/due care procedures75Annex I.

  • Approve of Monthly Payroll: January 15, 2021 regular payroll in the amount of $334,133.31 January 29, 2021 regular payroll in the amount of $342,872.49 2.

  • Subject to Section 12 hereof, the Corporation hereby grants to the Optionee, pursuant to the Option Plan, an option (the "Option") to purchase from the Corporation Option Shares, at a purchase price of $2.625 per Option Share (the "Option Price").

  • A City Councillor be appointed to the CEO Recruitment/Performance Committee for each Controlled Corporation (Option 1: Requiring Establishment of a CEO Recruitment/Performance Committee for Each Controlled Corporation).

  • All outstanding Corporation Options shall remain exercisable for the period determined by the Corporation Board of Directors (or the Compensation Committee of the Board of Directors) and any Corporation Option that has not been exercised by the holder thereof prior to expiration of such period (which shall in any event expire prior to the Effective Time) shall then terminate at the Effective Time.

  • More ratifications of the Air Convention’s protocols were essential prerequisites for achieving the overall aims of sustainable development.2 Directive 2010/75/EU of the European Parliament and of the Council of 24 November 2010 on industrial emissions (integrated pollution prevention and control).

  • The Strategy for 2021/22 stated that new external borrowing would be undertaken in all periods with the aim of achieving an even spread of maturity profile and keeping an increase in the average cost of the Council's debt to a minimum.

  • Schedule 4.2 sets forth, as of the date of this Agreement, the name of each holder of a Corporation Option, the number of shares of Corporation Stock covered thereby, the exercise price per share thereunder and the expiration date thereof.

Related to Corporation 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.

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

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

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

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

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

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

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

  • 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.

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

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

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

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

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Option 1 [X] Yes, but only with respect to a Contributing Participant's Elective Deferrals.

  • Option Plan has the meaning ascribed to it in section "4.7" hereinbelow;

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

  • 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.

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

  • 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.

  • Option Period means the period during which an Option may be exercised.

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

  • 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.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).