Option Security definition

Option Security. The Company's Common Stock ("PRMS") III. No. of Contracts: 7,500 (100 shares per contract) IV. Expiration Date: January 29,1999 V. Exercise Price: $11.625 per share VI. Premium: $1.67 per share, net Total: $1,250,000.00 Due and payable on September 15, 1999 VII. Type of Option: Put X Call American X European Exercise Limit: VIII. Exercise: X Physical Settlement Cash Settlement Net Share Settlement

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Option Security. With respect to any Option, the security of the Company identified in the related Confirmation for purchase or sale upon exercise of the Option.

Option Security means, with respect to any specified Person, all options, warrants, instruments and other rights and agreements (including without limitation any preemptive rights or rights of first refusal) to subscribe for, purchase or otherwise acquire any shares or other units in the share capital or other ownership interest of such specified Person, however described and whether voting or non-voting, or any Convertible Securities of such specified Person; Ordinary Resolution means a resolution:

Examples of Option Security in a sentence

The purchase price to be paid per Option Security shall be equal to the price per applicable Firm Security set forth in Section 1.1.1 hereof.
Except as set forth in Section 3.15(a) of the Disclosure Schedule, (i) there is neither outstanding nor has the Company or any Subsidiary agreed to grant or issue any shares of its capital stock or any Option Security or Convertible Security, and (ii) neither the Company nor any Subsidiary is a party to or is bound by any agreement, put or commitment pursuant to which it is obligated to purchase, redeem or otherwise acquire any shares of capital stock or any Option Security or Convertible Security.
Without the prior written consent of VIALOG, except as set forth in Section 3.15(a) of the Disclosure Schedule, (a) such termination or notice will not cause an acceleration of the exercise, conversion or vesting schedule of any Option Security or of any Convertible Security, and (b) the Company will not otherwise accelerate, or cause an acceleration of, the exercise, conversion or vesting schedule of any Option Security or Convertible Security.
Between the date of this Agreement and the Merger Closing, the Company will not, and will not permit any Subsidiary to, issue, sell or purchase or agree to issue, sell or purchase any capital stock or any Option Security or Convertible Security of the Company or any Subsidiary.
The purchase price to be paid per Option Security shall be equal to the price per Firm Security set forth in Section 1.1.1 hereof.
In the event of such a termination, all the CDA Documents and the Independent Engineer Agreement shall be deemed rescinded, and TxDOT shall promptly return to Developer the original of the Financial Option Security.
On each Option Security Delivery Date, the Legacy Parties shall provide the Underwriters such representations, warranties, agreements, opinions, letters, certificates and covenants with respect to Option Securities as are required to be delivered on the Initial Delivery Date with respect to the Firm Securities.
Participation or lack of participation in a voluntary corporate action may result in a negative impact on the value of an Option Security.
Participation in certain corporate actions may enhance the value of an Option Security.
Determinations of Valuation by Holder are Conclusive : • The Designation Price and the De-designation Price of each Option Security shall be determined by the Holder (in its absolute and sole discretion) in accordance with the relevant valuation principles set forth hereunder.

More Definitions of Option Security

Option Security has the meaning ascribed thereto in the first paragraph of this Agreement; "Outside Date" means July 31, 2017, or such later date as the Corporation and Atkins may agree for purposes of the Acquisition Closing, with the consent of the Panel and, if required, the approval of the Court, which date shall be no later than October 27, 2017;

Option Security means any rights to subscribe for or to purchase, or any options for the purchase of, any shares of any class of common stock of the Company.

Option Security means (i) at any time prior to the Exchange Time, one Unit and (ii) at any time after the Exchange Time, one Series C Share;