Exercise Units definition

Exercise Units has the meaning assigned to such term in Section 3.01(c).
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Exercise Units means the whole number of Series X Ordinary Units issued or issuable upon exercise of this Investor Option.
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Exercise Units is defined in Section 5.4(d)(i).
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Examples of Exercise Units in a sentence

  • The automatic exercise of each Participant’s Option shall be in respect of the total number of the Units which Vest in him/her as at each Vesting Date and which have not lapsed or previously been exercised (the Exercise Units).

  • To the extent the result of a calculation in Rule 6.2 results in zero or a negative number, no payment shall be due nor Shares allotted and issued to a Participant and, subject to Rule 7.3, the relevant Exercise Units shall lapse.

  • In respect of the Initial Tranche, within 2 months following the date of the IPO, the Investors shall pay to each Participant in respect of the Exercise Units an amount calculated as follows: Net Proceeds x 0.005% x B.

  • Within 2 months following a Vesting Date, the Company shall, in respect of the Exercise Units, promptly allot and issue to each Participant (or transfer to each Participant out of treasury) an amount of Shares calculated as follows: {(Current Price 90 days avg.

  • In each case, where “ B” means the number of Exercise Units at respective Vesting Date.

  • Any such Affiliate designee of a Purchaser shall be listed on Schedule A hereto (with a notation of the Purchaser in respect of whom it is an Affiliate designee and the Warrants (and applicable Warrant Exercise Units) to be issued to such designee at Closing).

  • If any of the Exercise Units are to be disposed of in accordance with Rule 144 under the Securities Act, the Grantee shall transmit to the Company and the Parent LLC an executed copy of Form 144 (if required by Rule 144) no later than the time such form is required to be transmitted to the Commission for filing and such other documentation as the Company or the Parent LLC may reasonably require to assure compliance with Rule 144 in connection with such disposition.

  • The Exercise Units, after taking into consideration any prior adjustments pursuant to this Section 4, shall be subject to adjustment from time to time as follows and, thereafter, as adjusted, shall be deemed to be the Exercise Units hereunder.

  • Under certain conditions, the Exercise Units are subject to adjustment as set forth in this Section 4.

  • Whenever the Exercise Units are to be adjusted pursuant to this Section 4, unless otherwise agreed by the Holder, the Option Issuer shall promptly (and in any event within twenty (20) business days after the event requiring the adjustment) prepare a certificate signed by an executive officer of the Option Issuer, setting forth, in reasonable detail, the event requiring the adjustment and the method by which such adjustment is to be calculated.

Related to Exercise Units

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

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

  • Unit Shares means the Common Shares comprising part of the Units;

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 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 2023-1 Vehicle for which the related 2023-1 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 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

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

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

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

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

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

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

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

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

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • RSU Shares means shares of Common Stock that underlie an RSU.