Option Holders definition
Examples of Option Holders in a sentence
If the Option Holder neither (i) exercises the Option nor (ii) surrenders its right to exercise the Option within 3 Business Days of its receipt of that notice, then the Option Holder's right to exercise the Option shall lapse, and the Trustee shall promptly notify the next party eligible to hold the Option (and the other parties eligible to hold the Option) of its rights thereunder.
References herein to rights and obligations of the Option Holder shall apply, where appropriate, to the Option Holder's legal representative or estate without regard to whether specific reference to such legal representative or estate is contained in a particular provision of this Option.
All other Purchase Option Holders may submit competing bids within the ten (10) Business Day period following such notice.
The Option Holders of the stock option agreement shall be entitled to any notice of shareholders' meetings.
The Option Holders of this stock option agreement shall have no voting rights.