Option Holder definition
Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.
Option Holder means a current or former Director, Employee or Consultant who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person;
Option Holder shall have the meaning set forth in the definition of Acquiring Person.
Examples of Option Holder in a sentence
The Excess Liquidation Proceeds Option shall be assignable only to an Affiliate of the Excess Liquidation Proceeds Option Holder.
Upon the closing of any qualifying sale, the Servicer or the Special Servicer, as applicable, shall deliver, or shall cause the REO LLC to deliver, to the Excess Liquidation Proceeds Option Holder a cash settlement amount equal to the excess of the Net Liquidation Proceeds (to the extent such Net Liquidation Proceeds are allocable to the Trust Loan) over the Excess Liquidation Purchase Price (“Excess Liquidation Proceeds”).
The Trustee will hold the Excess Liquidation Proceeds Option in trust for the benefit of the Excess Liquidation Proceeds Option Holder.
More Definitions of Option Holder
Option Holder means the Optionee or, if as of the relevant time the Stock Option has passed to a Beneficiary, the Beneficiary.
Option Holder. As defined in Section 3.18(c).
Option Holder means a Participant who has been granted one or more Options under the Plan.
Option Holder means a holder of Options.
Option Holder means a person to whom an Option is granted pursuant to the Plan or, if applicable, such other person who holds an outstanding Option.
Option Holder means an Eligible Participant designated by the Stock Option Committee from time to time during the term of the Plan to receive one or more Options under the Plan.
Option Holder means a Director, Employee or Consultant or former Director, Employee or Consultant, to whom an Option has been granted and who continues to hold an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.