CZN Option definition

CZN Option means the option first created in the 1986 Purchase Agreement in favour of Procan Exploration Company Limited and transferred in an agreement made as of March 31, 1993 among Nanisivik Mines Ltd., San Andreas Resources Corporation and Titan Pacific Resources Ltd. to San Andreas Resources Corporation (now CZN) to purchase Titan's undivided 40% interest in and to the Physical Assets.
Sample 1

Related to CZN Option

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

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

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

  • 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.

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

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

  • 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.

  • 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.

  • 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.

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

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

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

  • 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.

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

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

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

  • 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.

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

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

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

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

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

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

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