Unexercised Portion definition

Unexercised Portion means, at any time, the maximum aggregate liquidation preference of the Series B Preferred Shares that XLFA may require the Asset Trust to purchase at that time pursuant to this Agreement, which maximum liquidation preference shall equal $200,000,000 as of the date of this Agreement, and thereafter shall equal (i) the then aggregate Face Amount of all Asset Trust Securities less (ii) the aggregate liquidation preference of the Series B Preferred Shares outstanding at such time and held by the Asset Trust.
Sample 1Sample 2Sample 3
Unexercised Portion means, at any time, $500,000,000, minus the aggregate Designated Amount of Notes subject to all Put Notices that have been delivered at or prior to such time and not repurchased by Voya pursuant to Section 2.2.
Sample 1
Unexercised Portion means, at any time, the maximum aggregate amount of ICONs that The Hartford may require the ABC Trust to purchase at that time pursuant to this Agreement, which maximum aggregate amount shall equal $500,001,000 as of the date of this Agreement, and thereafter shall equal at any time (i) the aggregate Face Amount of the ABC Trust Securities at that time less (ii) the aggregate amount of ICONs held by the ABC Trust at such time.
Sample 1

Examples of Unexercised Portion in a sentence

  • Exemptions to Facilitate Intrastate and Regional Securities Offerings, Release No. 33-10238 (Oct.

  • If the Change Purchasing Members are able to reach such agreement during such three Business Day period or if there is no longer a Change Unexercised Portion, then the Buy-out Right shall be deemed exercised by the Change Purchasing Members, and the Changing Member and the Change Purchasing Members shall close the acquisition of the Membership Interest in accordance with Section 9.04(b)(iii).

  • If Participant's employment with the Company or a Subsidiary terminates after the date on which the Change in Control occurs other than as a result of a termination by the Company or a Subsidiary for Cause, then Participant (or, if applicable, Participant's estate or the person(s) to whom Participant's rights under this Agreement pass by will or the laws of descent and distribution) will have the right to exercise the Unexercised Portion.

  • The Designated Amount must not exceed the Unexercised Portion at the time of such delivery.

  • All quality control and inspection procedures submitted for approval shall conform to the minimum requirements of the applicable IPPC standard and to the requirements of these Enforcement Regulations.

  • If a Change in Control of the Company occurs while Optionee is serving on the Board, then the Option will become immediately exercisable with respect to that portion of the Number of Shares with respect to which the Option has not yet been exercised or is not yet exercisable (the "Unexercised Portion").

  • Subject again to the provisions of this Section 3.3.12, the Company may deliver subsequent Call Notices for any then Unexercised Portion.

  • Any provision of this Plan or any Option Agreement to the contrary notwithstanding, in connection with a Change in Control, the Company shall be entitled to elect to cancel the unexercised portion of any Option (the "Unexercised Portion") in exchange for a cash payment to the Participant equal to the excess of (i) the Fair Market Value of the Interests underlying the Class A Units covered by the Unexercised Portion over (ii) the aggregate exercise price of the Unexercised Portion.

  • To exercise this right, the Company must deliver to the Holder an irrevocable written notice (a “Call Notice”), indicating therein the number of Warrant Shares in the Unexercised Portion to which such notice applies (the “Called Portion”).

  • Any Unexercised Portion other than a Called Portion will be unaffected by such Call Notice.

Related to Unexercised Portion

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Unused Portion has the meaning assigned to that term in Section 2.09(a).

  • Employee Option means an Option granted pursuant to Section 5.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Optioned Stock means the Common Stock subject to an Option.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Closed portion means that portion of a facility which an owner or operator has closed in accordance with the approved facility closure plan and all applicable closure requirements. (See also “active portion” and “inactive portion”.)

  • SAR means a stock appreciation right granted under the Plan.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Company Option means an option to purchase shares of Company Common Stock.

  • Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Director Option means an Option granted pursuant to Section 6.

  • Company SAR means any stock appreciation right linked to the price of Company Common Stock and granted under any Company Stock Plan.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.