Exercise Options definition

Exercise Options. The lesser of (i) the Number of Options and (ii) a number of Options equal to the Conversion Rate (but without regard to any provision in the Indenture allowing the Counterparty to unilaterally increase the Conversion Rate, without the occurrence of a Potential Adjustment Event) of Convertible Notes surrendered to Counterparty for conversion times the number of such Convertible Notes.
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Exercise Options. In respect of any Exercise Period, a number of Options, as specified in Counterparty’s notice of exercise, no greater than the lesser of (i) the remaining Number of Options as of the relevant Exercise Date and (ii) the number of Convertible Notes surrendered to Counterparty for conversion. Notwithstanding the foregoing, for any Exercise Period beginning on and following the twenty-third scheduled Exchange Business Day prior to the maturity date of the Convertible Notes, the Exercise Options, in respect of Convertible Notes surrendered for conversion, shall be equal to the lesser of (i) the number of Convertible Notes surrendered to the Counterparty for conversion in respect of such Exercise Period divided by two (2) and (ii) the result of the following formula: CNC x ( NO ) CNO where, CNC = The number of Convertible Notes surrendered to Counterparty for conversion in respect of such Exercise Period; NO = The Number of Options remaining (without giving effect to any exercise of Options for such Exercise Period); and CNO = The number of Convertible Notes outstanding (without giving effect to any conversion of Convertible Notes for such Exercise Period). provided that:
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Exercise Options. A number of Options equal to the Conversion Rate (but without regard to any adjustment under Section 13.08 and Section 13.13 of the Indenture) of Convertible Notes surrendered to Counterparty for conversion times the number of such Convertible Notes.
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Examples of Exercise Options in a sentence

  • Option to Exercise Options i and ii.The State may require Local Agency to add a Work phase as detailed in Exhibit A, and encumber and transfer Agreement Funds from one Work phase to another.

  • Insert a clause substantially the same as the clause at 552.236-77, Government's Right to Exercise Options, in solicitations and contracts for construction that include options.

  • The closing (the "Closing") of the sale of the Premises by Landlord to Tenant shall occur no later than the last day of the fifth Lease Year of this Lease.

  • Cashless Exercise Options may be exercised on a cashless basis with the holder receiving the appropriate "net value" in either cash or shares.

  • MCapital Outlay-$1.5M LCAP - $550 KMt. View Gym Modernization (submitted to DSA)$1,613,129.BondDistrict Wide Furniture$160,417.Bond-$500 K LCAP-$700 KArroyo Roofing Project$500,000BondHVAC/Security & Safety Measures$1,750,000BondSalary, Legal & Operating Cost$500,000.BondDistrict Wide(Networking upgrades)/E-Rate$23,101.BondPending DSA Certification Closeout Projects$134,660.BondEl Monte Bleachers / Stadium$7,275,398.

  • Listening Exercise Options All attendees at the listening exercise were presented with several potential options for consideration, as listed below: 1.Procure a new provider for the surgery with the same level of funding as otherpractices.

  • Exercise Options Expiry WarrantsThe Company issued two types of warrants:• Share warrants entitling the holder to acquire additional common shares of the Company at a fixed ratio of one for one (the “Share Warrants”); and• 2018 Unit warrants entitling the holder to acquire additional 2018 Units of the Company at a fixed ratio of one for one (the “2018 Unit Warrants”).A summary of the status of the Share Warrants follows.

  • Approval to Exercise Options to Extend General Planning Consultant Contracts with Kittelson & Associates, Inc.

  • Settlement Date: For any Exercise Options relating to the conversion of Convertible Notes, the settlement date for Shares to be delivered under such Convertible Notes under the terms of the Indenture.

  • Exєrcisє Pєriod means the period in which an employee can Exercise Options.


More Definitions of Exercise Options

Exercise Options. The lesser of (i) the Number of Options and (ii) a number of Options equal to the Conversion Rate (but without regard to any adjustment under Section 15.05(h) of the Indenture) of Convertible Debentures surrendered to Counterparty for conversion times the number of such Convertible Debentures.
Sample 1
Exercise Options. In respect of any Exercise Period, a number of Options, as specified in Counterparty's Notice of Exercise, no greater than the lesser of (i) the Number of Options and (ii) the number of Exchangeable Notes surrendered to Counterparty for exchange.
Sample 1
Exercise Options. A number of Options equal to the number of USD 1,000 principal amount of Convertible Notes surrendered for conversion.
Sample 1

Related to Exercise Options

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

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

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2011-1 Vehicle for which the related 2011-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

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

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

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

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Purchase Option As defined in Section 3.18(c).

  • Purchase Option Notice As defined in Section 3.18(e).

  • Rights or Options means warrants, options or other rights to purchase or acquire shares of Common Stock or Convertible Securities.

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

  • Rollover Options has the meaning provided in Subsection 3.1(h).

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

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • 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.

  • Subscription Rights means the subscription rights to purchase Rights Offering Shares.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

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

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

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.