Option Confirmation definition

Option Confirmation means the notification by Exchange as to any Option Transaction entered into by a Contracting Party on a day, which will include the particulars of the Option Transaction, including the Transaction Date, identifying it as a Put Option or a Call Option, the Underlying Transaction, the Option Premium Price, the Notional Quantity, the Option Exercise Date and the Strike Price (each as defined in Schedule “E”);

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Option Confirmation means the notification sent to the Guest after the Option proposed by the Company is accepted by the Guest and the creation of the booking.

Examples of Option Confirmation in a sentence

For the Additional Call Option Confirmation, this is equal to the number of additional Convertible Notes in principal amount of $1,000.
Any Repayment Notice delivered to Dealer pursuant to the Base Call Option Confirmation shall be deemed to be a Repayment Notice pursuant to this Confirmation and the terms of such Repayment Notice shall apply, mutatis mutandis, to this Confirmation.
On or prior to the Closing Date, the Company shall have duly executed and delivered the Transaction Documents, the Zero-Strike Call Option Confirmation, the Account Charge and the Restricted Issuance Agreement as well as any required amendments, supplements, side letters or confirmation letters, in each case in form and substance reasonably satisfactory to the Purchasers.
The Zero-Strike Call Option Confirmation has been duly authorized by the Company and, when duly executed and delivered in accordance with its terms by each of the parties thereto, will constitute a valid and legally binding obligation of the Company, enforceable in accordance with its terms, subject as to the Enforceability Exceptions.
All corporate proceedings and other legal matters incident to the authorization of the Transaction Documents , the Zero-Strike Call Option Confirmation, the Account Charge and the Restricted Issuance Agreement shall be reasonably satisfactory in all material respects to counsel for the Purchasers, and the Group Companies shall have furnished (or caused to be furnished) to such counsel such documents and information as they may reasonably request for the purpose of enabling them to pass upon such matters.
Any capitalized term not otherwise defined herein shall have the meaning set forth for such term in the Base Call Option Confirmation or the Additional Call Option Confirmation, as the case may be.
If PacifiCorp delivers a valid and timely Option Confirmation Notice, Seller shall sell, transfer, assign and convey to PacifiCorp all of the Facility and all rights of Seller therein or relating thereto, on an “AS IS, WHERE IS” basis, free and clear of all liens, claims, encumbrances, or rights of others arising through Seller on the last day of the Term, including good and valid title to the Facility and Seller's rights in the Premises.
Effective as of the Settlement Date, all of the respective rights and obligations of the parties under the Additional Call Option Confirmation with respect to the Unwound Additional Call Options shall be terminated, cancelled and extinguished.
Effective as of the Settlement Date, all of the respective rights and obligations of the parties under the Base Call Option Confirmation with respect to the Unwound Base Call Options shall be terminated, cancelled and extinguished.
On the Settlement Date, the Number of Options in the Additional Call Option Confirmation shall be reduced by [●] Options (the “Unwound Additional Call Options” and, collectively with the Unwound Base Call Options, the “Unwound Call Options”) to [●] Options.

More Definitions of Option Confirmation

Option Confirmation means the written confirmation in respect of the Option Transaction entered into on the Closing Date between the Issuer and the Option Counterparty and documented under the ISDA Master together with any agreement for the time being in force amending or supplementing such transaction or agreement;