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

• Upon exercise of the Over-allotment Option with respect to all or any portion of the Option Securities, subject to the terms and conditions set forth herein, the Company shall become obligated to sell to the Underwriter the number of Option Shares and/or Option Warrants specified in such notice.

• The Option Securities shall be registered in such name or names and in such authorized denominations as the Underwriter may request in writing at least two (2) Business Days prior to each Option Closing Date.

• An Underwriter will not be under any obligation to purchase any Option Securities prior to the exercise of the Option by the Representative.

• If such delivery and payment for the Option Securities does not occur on the Closing Date, each Option Closing Date will be as set forth in the notice.

• The Underwriter shall not be under any obligation to purchase any Option Securities prior to the exercise of the Over-allotment Option.

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.