Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.
Top-Up Option has the meaning set forth in Section 1.04(a).
3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.
Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.
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.
Termination Right have the respective meanings given in the PRA Contractual Stay Rules.
Vested Option means any Option, which has already been vested according to the Vesting Dates.
Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.
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.
Call Option Period has the meaning given to it in Condition 6.04 (Call Option);
Option Exercise Date has the meaning specified in Section 2.1.
Call Option Date As defined in Section 10.01(a) hereof.
Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.
Share Termination Settled in relation to the Transaction means that the Share Termination Alternative is applicable to the Transaction.
Cash Settlement shall have the meaning specified in Section 14.02(a).
Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.
Related Option means an Option with respect to which a Stock Appreciation Right has been granted.
Initial Warrant Exercise Date means __________, 1997.
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.
New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.
Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.
Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Employee Option means an Option granted pursuant to Section 5.
SARS means the South African Revenue Service.