First Tranche Options definition

First Tranche Options means the First Nextel Option and the First Motorola Option.
Sample 1
First Tranche Options means stock options, other than Retention Grants, to acquire common stock of the Company granted on or prior to the Effective Date.
Sample 1

Examples of First Tranche Options in a sentence

  • The First Tranche Options shall not become exercisable if the First Tranche Share Price Component is not satisfied on or before the fifth anniversary of the Date of Grant.

  • The Company must seek Shareholder approval for the First Follow On Tranche, the First Tranche Options and the First Follow On Tranche Options at a Shareholder meeting to be called and held within 45 days of the date of the Convertible Note Deed, which is the meeting convened by this Notice.

  • However, the number of Outstanding First Tranche Options will be added to the number of Second Tranche Options.Further, any Second Tranche Option that has not been exercised before the expiry of its applicable Last Exercise Date (each an Outstanding Second Tranche Option) will lapse, be cancelled and be of no further effect or value.

  • To the extent First Tranche Options or Second Tranche Options do not vest because of failure to achieve the EPS growth target hurdle, the Options will lapse.

  • Some low quality trees and scrub would be lost in the area where the Bramcote Lane tram stop is proposed.

  • The initial purchase price per share for the First Tranche Options shall be the fair market value per share of the Company's common stock as of the date hereof and the initial purchase price per share for the Second Tranche Options, if granted, shall be the fair market value per share of the Company's Common Stock on December 31, 1999.

  • In addition, the issue of the First Tranche Options will be excluded from the calculation of the number of equity securities that the Company can issue without Shareholder approval under Listing Rule 7.1. If Resolution 3 is not passed, the Company will not be able to proceed with the issue of the First Tranche Options.

  • Resolution 3 seeks Shareholder approval for the issue of 8,927,209 free attaching Options with an exercise price of $0.30 each expiring two (2) years from the date of issue (First Tranche Options).

  • The Group has sufficient resources to exercise the First Tranche Options but will consider its financing options when it intends to exercise any of the First Tranche Options.

  • The Company is of the view that the Acquisition represents an unique opportunity for the Company to invest into and eventually, with the exercise of the First Tranche Options and the Second Tranche Option if deemed fit, to gain control of a quality company engaging in property investments and management.

Related to First Tranche Options

  • First Tranche means the amount of the Financing allocated to the category entitled “First Tranche” in the table set forth in Part B of Schedule 1 to this Agreement.

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

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

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

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).

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

  • First Equity Financing Price means (x) if the pre-money valuation of the Company immediately prior to the First Equity Financing is less than or equal to the Valuation Cap, the lowest price per share of the Equity Securities sold in the First Equity Financing or (y) if the pre-money valuation of the Company immediately prior to the First Equity Financing is greater than the Valuation Cap, the SAFE Price.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

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

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Optional Purchase Percentage means 5%.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

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

  • 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.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

  • Accelerated Purchase Share Percentage means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, thirty percent (30%).

  • Extended Tranche has the meaning specified in Section 2.19(a).

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • First Option has that meaning set out in Section 3.1 (a);