Option Securities definition

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

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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

If requested by the Representative, the opinion, and negative assurance letter, of ▇▇▇▇▇▇ and ▇▇▇▇▇, LLP, counsel for the Company, in form and substance satisfactory to counsel for the Underwriters, dated such Date of Delivery, relating to the Option Securities to be purchased on such Date of Delivery and otherwise to the same effect as the opinions and negative assurance letter required by Section 5(b) hereof.
It is understood that each Underwriter has authorized the Representative, for its accounts, to accept delivery of, receipt for, and make payment of the purchase price for, the Closing Securities and the Option Securities, if any, which it has agreed to purchase.
An Underwriter will not be under any obligation to purchase any Option Securities prior to the exercise of the Over-Allotment Option by the Representative.
If requested by the Representative, the opinion, and negative assurance letter, of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP, counsel for the Underwriters, dated such Date of Delivery, relating to the Option Securities to be purchased on such Date of Delivery and otherwise to the same effect as the opinion and negative assurance letter required by Section 5(c) hereof.
Titan Partners, individually and not as representative of the Underwriters, may (but shall not be obligated to) make payment of the purchase price for the Closing Securities or the Option Securities, if any, to be purchased by any Underwriter whose funds have not been received by the Closing Time or the relevant Date of Delivery, as the case may be, but such payment shall not relieve such Underwriter from its obligations hereunder.

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.