Exercisable Option definition

Exercisable Option means a Firm or Non-Firm Contracted Option

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Exercisable Option means an Option which is exercisable under the provisions of section 3.12 or Article IV hereof;

Exercisable Option means any Option for which the exercise price per share of such Option is less than the Estimated Per Share Merger Consideration. For the avoidance of doubt, the determination of whether any Option is an “Exercisable Option” shall be made (and calculated) as of the date of delivery of the Pre-Closing Statement and any subsequent changes to the Aggregate Merger Consideration shall not impact or otherwise have an effect on such determination.

Examples of Exercisable Option in a sentence

• For any Exercisable Option, the third Business Day immediately following the final Valid Day of the Settlement Averaging Period for such Exercisable Option.

• Net Share Settlement Net Share Settlement: Dealer will deliver to Counterparty, on the relevant Settlement Date, a number of Shares equal to the Net Shares in respect of any Exercisable Option exercised or deemed exercised hereunder.

• Net Share Settlement Net Share Settlement: JPMorgan will deliver to Counterparty, on the relevant Settlement Date, a number of Shares equal to the Net Shares in respect of any Exercisable Option exercised or deemed exercised hereunder.

• For purposes hereof, "Exercisable Option Shares" shall mean the shares of Common Stock which, at the time of determination, could be purchased by the Optionholder upon exercise of his or her outstanding exercisable Options.

• For purposes hereof, "Option Excess Price" shall mean the excess, if any, of the Section 7 Repurchase Price or the Section 8 Repurchase Price, depending on which Repurchase Price is (or would be) used to repurchase the Option Shares, over the exercise price applicable to such Options multiplied by the number of Exercisable Option Shares.

• After the Effective Time, except as provided by Section 5.8 of the Merger Agreement, each Substitute Option shall be exercisable upon the same terms and conditions as were applicable to the related Exercisable Option immediately prior to the Effective Time.

• All Options exercisable as of the date of a Repurchase Notice, in the case of a repurchase pursuant to Section 6(b), 6(c) or 6(d), shall continue to be exercisable until the repurchase of such Options pursuant to such Call Notice, provided that to the extent that any Options are exercised after the date of such Call Notice, the number of Exercisable Option Shares for purposes of calculating the Option Excess Price shall be reduced accordingly.

• For any Exercisable Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Exercisable Option is not Net Share Settlement, then the Settlement Method for such Exercisable Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Exercise or Notice of Final Settlement Method, as applicable, for such Exercisable Option.

• For any Exercisable Option, the date Shares, cash or a combination thereof, will be delivered with respect to the Convertible Notes related to such Exercisable Options, under the terms of the Indenture.

• The Option Excess Price is the excess, if any, of the Section 5 Repurchase Price, the Section 6(a) Repurchase Price, the Section 6(b) Repurchase Price or the Section 6(c) Repurchase Price, depending on which Repurchase Price is being used to repurchase the remainder of the Pre-Five Stock, over the Base Price, multiplied by the number of Exercisable Option Shares.

More Definitions of Exercisable Option

Exercisable Option means, among the Options granted, those that the Participant may effectively exercise after the Grace Periods have elapsed and the annual validation of the achievement of the Annual Financial Targets, in the case of Performance Options, by the Board. “Opção exercível” significa, dentre as Opções outorgadas, aquelas que o Participante efetivamente poderá exercer após o decurso dos Períodos de Carência e a validação anual do atingimento das Metas Financeiras Anuais, no caso de Opções Performance, pelo Conselho.

Exercisable Option means an outstanding Vested Option with respect to which an employment term and all other conditions imposed by the Plan or an Option Agreement have been satisfied, and which the Executive may exercise pursuant to the Plan and an Option Agreement.

Exercisable Option means an Option with respect to which a Participant has earned a fully vested right to exercise such Option pursuant to the vesting schedule set forth in the Participant's Option Agreement.

Exercisable Option means an Option with an exercise price less than the Merger Consideration payable per share of Company Common Stock pursuant to Section 1.7(g).

Exercisable Option means an Option which is exercisable under the provisions of Article IV hereof;