Exit Option definition

Exit Option means either one of them.
Exit Option means, collectively, the Tier I Exit Option and the Tier II Exit Option.
Exit Option pursuant to this Section 6.7 and the provisions of 6.7(e) shall apply. If the Foundation consents to such Change in Control by delivery of written notice indicating such consent to AMC, or if, as of the end of such twenty (20) business day period, the Foundation shall have failed to deliver a Disapproval Notice to AMC, then the Foundation shall be deemed to have waived its Exit Option with respect to the Change in Control described in the Change of Control Notice and AMC and/or the Affiliate thereof delivering such notice shall be entitled to engage in the Change in Control specified in such Change in Control Notice with the Nursing Home Company identified therein.

Examples of Exit Option in a sentence

  • Students participating in the Performance-Based Exit Option Model may not graduate prior to their kindergarten cohort.

  • Performance-Based Exit Option Model students must receive official recognition.

  • Students enrolled in the Performance-Based Exit Option Model are eligible to participate in all standard high school activities, including extracurricular activities, as well as graduation and other recognition ceremonies.

  • Instruction for the Performance-Based Exit Option Model must be of sufficient intensity and duration to ensure that participating students have a fair opportunity to raise their skills to the level necessary to earn a State of Florida High School Performance-Based Diploma in a reasonable period of time.

  • School districts who are seeking initial approval to implement the Performance-Based Exit Option Model may apply during any given school year.

  • The curricula and instructional content for the Performance-Based Exit Option Model must be at the high school level and must be rigorous and relevant to the student’s postsecondary goals.

  • If the student is a minor, parents or guardian(s) must be informed and give written consent to a student’s participation in the Performance-Based Exit Option Model.

  • The content of the Performance-Based Exit Option Model must be academic and may include career education instruction or activities.

  • Students must successfully participate in the Performance-Based Exit Option Model for at least one full semester.

  • Beginning with the 2010/2011 school year, and bi-annually thereafter, each approved school district must submit a renewal application to continue to implement the Performance-Based Exit Option Model.


More Definitions of Exit Option

Exit Option has the meaning set out in Section 5.6(a);

Related to Exit Option

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

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

  • 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.

  • Vesting Event means the earliest to occur of the following events:

  • Performance Option means an Incentive Stock Option or Nonqualified Stock Option, the grant of which or the exercisability of all or a portion of which is contingent upon the attainment of specified Performance Measures within a specified Performance Period.

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

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • 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 Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

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

  • Covered Call Option means an exchange traded option 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 (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

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

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Vest means to become exercisable or to otherwise obtain ownership rights in an award.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • 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.

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

  • Parent Stock Option means any option to purchase Parent Common Stock.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

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

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

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