Per Option Amount definition

Per Option Amount means, with respect to any amount as it relates to a Company Option, the product of (i) the number of shares of Company Common Stock issuable upon exercise of such Company Option, and (ii) the Per Share Amount.

Per Option Amount means, with respect to each right to acquire one (1) Titan Limited Partner Unit represented by an outstanding Option, an amount equal to the Per LP Unit Partnership Merger Consideration minus the applicable exercise price per Titan Limited Partner Unit for such Option.

Per Option Amount means an amount equal to the quotient of (A) the sum of the Aggregate Cash Consideration plus the Aggregate Guaranty Stock Value divided by (B) the number of Diluted Westbound Shares, rounded to the nearest cent.

Examples of Per Option Amount in a sentence

• Appropriate values for this parameter generally range from 0.05 to 0.15 for sandy soils to 0.26 to 0.45 for clays.

• Notice of redemption shall be given by the Indenture Trustee in the name of and at the expense of the Trust by first class mail, postage prepaid, mailed not less than ten days prior to the Redemption Date to each Holder of Notes to be redeemed, such Holders being determined as of the Record Date for such Distribution Date, and to the Note Insurer.

• To the extent that any Westbound Option that has an exercise price per share of Westbound Common Stock that is greater than or equal to the Per Option Amount, such Westbound Option shall be cancelled in exchange for no consideration.

• Any Eligible Optionee whose Eligible Options are accepted for repurchase will receive the Total Payment in the form of a single payment in the range of $0.05 to $1.42 Per Option Amount.

• Our obligation under the Offer to accept tendered Eligible Options and to pay the Per Option Amount is subject to conditions, including the conditions described in Section 7 of this document.

More Definitions of Per Option Amount

Per Option Amount means, with respect to each outstanding Stock Option, an amount equal to the Per Share Amount minus the exercise price that would be paid to the Corporation in respect of such Stock Option had such Stock Option been exercised (and the exercise price paid in cash) immediately prior to the Closing in accordance with the terms of the applicable option agreement with the Corporation pursuant to which such Stock Option was issued.

Per Option Amount has the meaning set forth in Section 3.1.

Per Option Amount has the meaning set forth in Section 2.9.

Per Option Amount as defined in Section 2.3(a).

Per Option Amount is defined in Section 2.5(a).

Per Option Amount means, in respect of each share of Company Common Stock subject to a Vested Company Option held by a Non-Continuing Employee, an amount, if any, of cash equal to the excess of the Per Share Amount over the applicable per share exercise price of such Vested Company Option.

Per Option Amount means, with respect to each Option, the amount, if any, by which the Per Common Share Amount exceeds the exercise price of each share of Non-Voting Common Stock for which such Option may be exercised.