Option Amount definition

Option Amount means in relation to each B Share, an amount of R0.00001 which is payable by the Company to the B Shareholder of that B Share upon the exercise of the Call Option in respect of that B Share;
Option Amount means an amount, in the aggregate, of options, restricted stock, and deferred stock units which, if and when exercised or acquired, would result in Parent issuing a number of shares of Parent Capital Stock equal to 10% of the shares of Parent Capital Stock outstanding immediately after the Effective Time.
Option Amount means the number of shares subject to an Option granted to an Optionee under the Plan.

Examples of Option Amount in a sentence

  • Should you request a transaction that would leave less than the Minimum Investment Option Amount, shown in the Annuity Schedule, in an Investment Option, we may, to the extent permitted by law, add the balance of your Account Value in the applicable Investment Option to the transaction and close out your balance in that Investment Option.

  • Subject to the provisions of the first sentence of Section 3.2 of the Agreement, if the Earnings AGR for the Calculation Year applicable to an Anniversary Date equals or exceeds six percent (6%), Grantee may, on and after such Anniversary Date, exercise the Option with respect to that percentage of the Anniversary Date Option Amount that corresponds to the Earnings AGR in the following chart.

  • Anniversary Date Option Amount" shall mean twenty-five percent (25%) of the Option Amount.

  • The repayment price per Bond shall equal the repaid percentage of the Nominal Amount (rounded down to the nearest EUR 1.00) plus up to, but excluding, the date falling 30 months after the First Issue Date a premium on the repaid amount equal to the Call Option Amount set out in Clause 9.3(a)(ii) and thereafter, as applicable considering when the repayment occurs, a premium on the repaid amount equal to the Call Option Amount for the relevant period together with accrued but unpaid Interest.

  • If such Earnings CGR equals or exceeds five percent (5%), the portion of the Anniversary Date Option Amount that shall become exercisable on such Anniversary Date shall be determined pursuant to the provisions of Section 3.3 of the Agreement.


More Definitions of Option Amount

Option Amount means the sum of (x) $47.00 and (y) the product of the Exchange Ratio and the Pinnacle Amount.
Option Amount has the meaning set forth in Section 3.03(a).
Option Amount means that portion of the death benefit which you elect to apply under this rider. The Option Amount must be at least $25,000 and may not exceed the lesser of: o one-half of the death benefit on the date the option is elected; or o the amount that would reduce the face amount to our minimum issue limit for this Contract; or o $250,000.
Option Amount means either the MGIC Option Amount or the Radian Option Amount, as the case may be.
Option Amount shall have the meaning set forth in Section 4(h) hereof.
Option Amount means (i) if the Triggering Event giving rise to the exercise of the Option shall have occurred as a result of the $10,662,000 Termination Amount provided for in Section 8.3 of the Merger Agreement becoming payable, 3,760,000 shares of Common Stock and, (ii) if the Triggering Event giving rise to the exercise of the Option shall have occurred as a result of the $42,648,000 Termination Amount provided for in Section 8.3 of the Merger Agreement becoming payable, 7,558,300 shares of Common Stock.
Option Amount means an amount equal to $150,000,000 minus the aggregate principal amount of Notes outstanding immediately prior to the Exchange Date.