Exercisable Option definition

Exercisable Option means a Firm or Non-Firm Contracted Option (including Longer-Term Contracted Option ) that a VIPP Supplier retains the right to use at a future date not later than six months from the start of the Non Green VIPP3 Auction Agreement. This Contracted Option must be nominated as an Exercisable Option;
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Exercisable Option means an Option which is exercisable under the provisions of section 3.12 or Article IV hereof;
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Exercisable Option means an Option which is exercisable under the provisions of Article IV hereof;
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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 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.

  • 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.

  • 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.

  • 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.

  • Director Number of Options Outstanding Number of Options Exercisable Option Exercise PriceGrant Date Fair Value perShare Option Expiration Date Manuel E.

  • For purposes hereof, "Exercisable Option Shares" shall mean the shares of Common Stock which, at the time of determination of the Option Excess Price, could be purchased by the Purchaser upon exercise of the Purchaser's outstanding Pre-Five Options.

  • 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 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.
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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).
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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.
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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.
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Related to Exercisable Option

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

  • 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.

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

  • 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.

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

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

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

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

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

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

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

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

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

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

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

  • SAR means a stock appreciation right granted under the Plan.

  • 'Survivor's Option means, where applicable, the right of a holder of a Note to require the Company to repay such Note prior to its Stated Maturity upon the death of the owner of such Note, subject to the provisions hereof relating to such option."

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

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

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Exercised has the meaning ascribed to it in Part D of the Network Code;

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

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.