Option Securities definition

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

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Option Securities is defined in Section 2.1.4.

Option Securities means an aggregate Liquidation Amount of $3,750,000 of the Trust's ____% preferred securities, issuable to the Underwriters, at its option, exercisable within 30 days after the date of the Prospectus, solely to cover over-allotments, if any.

Examples of Option Securities in a sentence

The Company shall not be obligated to sell or deliver the Option Securities except upon tender of payment by the Representative for all the Option Securities.
Delivery of the Underwritten Securities and the Option Securities shall be made through the facilities of The Depository Trust Company (“DTC”) unless the Representative shall otherwise instruct.
The number of Option Securities to be purchased by each Underwriter shall be based upon the same percentage of the total number of the Option Securities to be purchased by the several Underwriters as such Underwriter is purchasing of the Underwritten Securities, subject to such adjustments as the Representative in its absolute discretion shall make to eliminate any fractional shares.
An Underwriter will not be under any obligation to purchase any Option Securities prior to the exercise of the Option by the Representative.
The Option Securities shall be registered in such name or names and in such authorized denominations as the Representative may request in writing at least two Business Days prior to the applicable settlement date.

More Definitions of Option Securities

Option Securities means the U.S. Option Securities and the International Option Securities.

Option Securities means options, warrants or other rights to purchase or acquire Common Stock, as well as stock appreciation rights, phantom stock units and similar rights whose value is derived from the value of the Common Stock.

Option Securities means all rights, options and warrants, all calls or commitments evidencing the right, to subscribe for, purchase or otherwise acquire Shares or Convertible Securities, whether or not the right to subscribe for, purchase or otherwise acquire is immediately exercisable or is conditioned upon the passage of time, the occurrence or non-occurrence or the existence or non-existence of some other Event.

Option Securities shall have the meaning as defined in the introductory paragraphs of this Agreement.

Option Securities means the Ordinary Shares or other equity securities registrable pursuant to the terms of the Unit Purchase Option which will have contractual piggyback registration rights.

Option Securities has the meaning set forth in the preamble hereof.

Option Securities shall have the meaning provided in Section 6.2.1 hereof.