Netting of Option Premiums Sample Clauses

Netting of Option Premiums. If agreed in Part V of the Schedule and if, on any date, Premiums would otherwise be payable under the Agreement in the same Currency between the same respective Designated Offices of the Parties, then, on such date, each Party's obligation to make payment of any such Premium will be automatically satisfied and discharged and, if the aggregate Premium(s) that would otherwise have been payable by such Designated Office of one Party exceeds the aggregate Premium(s) that would otherwise have been payable by such Designated Office of the other Party, replaced by an obligation upon the Party by whom the larger aggregate Premium(s) would have been payable to pay the other Party the excess of the larger aggregate Premium(s) over the smaller aggregate Premium(s) and, if the aggregate Premiums are equal, no payment shall be made.
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Netting of Option Premiums. IF AGREED IN PART V OF THE SCHEDULE AND IF, ON ANY DATE, PREMIUMS WOULD OTHERWISE BE PAYABLE UNDER THE AGREEMENT IN THE SAME CURRENCY BETWEEN THE SAME RESPECTIVE DESIGNATED OFFICES OF THE PARTIES, THEN, ON SUCH DATE, EACH PARTY'S OBLIGATION TO MAKE PAYMENT OF ANY SUCH PREMIUM WILL BE AUTOMATICALLY SATISFIED AND DISCHARGED AND, IF THE AGGREGATE PREMIUM(S) THAT WOULD OTHERWISE HAVE BEEN PAYABLE BY SUCH DESIGNATED OFFICE OF ONE PARTY EXCEEDS THE AGGREGATE PREMIUM(S) THAT WOULD OTHERWISE HAVE BEEN PAYABLE BY SUCH DESIGNATED OFFICE OF THE OTHER PARTY, REPLACED BY AN OBLIGATION UPON THE PARTY BY WHOM THE LARGER AGGREGATE PREMIUM(S) WOULD HAVE BEEN PAYABLE TO PAY THE OTHER PARTY THE EXCESS OF THE LARGER AGGREGATE PREMIUM(S) OVER THE SMALLER AGGREGATE PREMIUM(S) AND, IF THE AGGREGATE PREMIUMS ARE EQUAL, NO PAYMENT SHALL BE MADE.
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Netting of Option Premiums. If, on any date, Premiums would otherwise be payable under the Agreement in the same Currency between the same respec- tive Offices of the Parties, then, on such date, each Party’s obligation to make payment of any such Premium shall be automatically satisfied and discharged and, if the aggregate Premium(s) that would otherwise have been payable by such Office of one Party exceeds the aggregate Premium(s) that would other- wise have been payable by such Office of the other Party, replaced by an obligation upon the Party by whom the larger aggregate Premium(s) would have been payable to pay the other Party the excess of the larger aggregate Premium(s) over the smaller aggregate Premium(s) and, if the aggregate Premiums are equal, no payment shall be made. Appendix B The Architecture of IFXCO Confirmation IFXCO Adherence Agreement 2005 IFXCO Master Agreement Terms 1998 FX and Currency Option Definitions 1999 Collateral Annex Annex 1: Definitions indicates the basis or foundation for the agreements in the upper tier. IFXCO International Foreign Exchange and Currency Option Master Agreement List of Opinions Concluding That the IFXCO Master Agreement Is Enforceable Copies of these opinions are available to FX Committee/FMLG members upon request. Australia Austria Bahamas Belgium Bermuda British Virgin Islands Canada Xxxxxx Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxx 000 Xxxxxx Germany Hong Kong Ireland Japan Luxembourg Malaysia Netherlands Netherlands Antilles New Zealand Norway Philippines Portugal
Sample 1
Netting of Option Premiums. If, on any date, Premiums would otherwise be payable under the Agreement in the same Currency between the same respective Offices of the Parties, then, on such date, each Party’s obligation to make payment of any such Premium shall be automatically satisfied and discharged and, if the aggregate Premium(s) that would otherwise have been payable by such Office of one Party exceeds the aggregate Premium(s) that would otherwise have been payable by such Office of the other Party, replaced by an obligation upon the Party by whom the larger aggregate Premium(s) would have been payable to pay the other Party the excess of the larger aggregate Premium(s) over the smaller aggregate Premium(s) and, if the aggregate Premiums are equal, no payment shall be made. Appendix B The Architecture of IFXCO Confirmation IFXCO Adherence Agreement 2005 IFXCO Master Agreement Terms 1998 FX and Currency Option Definitions 1999 Collateral Annex Annex 1: Definitions indicates the basis or foundation for the agreements in the upper tier. International Foreign Exchange and Currency Option Master Agreement List of Opinions Concluding That the IFXCO Master Agreement Is Enforceable Copies of these opinions are available to FX Committee/FMLG members upon request. Australia Austria Bahamas Belgium Bermuda British Virgin Islands Canada Cayman Islands Denmark England Finland France Germany Hong Kong Ireland Japan Luxembourg Malaysia Netherlands Netherlands Antilles New Zealand Norway Philippines Portugal Scotland Singapore South Africa South Korea Spain Sweden Switzerland Taiwan Thailand United States
Sample 1

Related to Netting of Option Premiums

  • Payment of Option Price The purchase price of Common Stock upon exercise of this Option shall be paid in full to the Corporation at the time of the exercise of the Option in cash or by the surrender to the Corporation of shares of previously acquired Common Stock which shall have been held by the Participant for at least six (6) months and which shall be valued at Fair Market Value on the date the Option is exercised, or by a combination of cash and such Common Stock.

  • Vesting of Option The Option shall be 100% vested upon the date of grant.

  • Xxxxx of Option; Conditions Tenant shall have the right to extend the Term (the “Renewal Option”) for one additional period of 5 years commencing on the day following the Termination Date of the initial Term and ending on the 5th anniversary of the Termination Date (the “Renewal Term”), if:

  • Vesting of Options The Option shall vest (become exercisable) in accordance with the vesting schedule shown on page 1 of this Award Agreement. Notwithstanding the vesting schedule on page 1, the Option will also vest and become exercisable:

  • Termination of Option (a) Any unexercised portion of the Option shall automatically and without notice terminate and become null and void at the time of the earliest to occur of:

  • Xxxxx of Option The Plan Administrator of the Company hereby grants to the Optionee named in the Notice of Grant attached as Part I of this Agreement (the "Optionee") an option (the "Option") to purchase the number of Shares, as set forth in the Notice of Grant, at the exercise price per share set forth in the Notice of Grant (the "Exercise Price"), subject to the terms and conditions of the Plan, which is incorporated herein by reference. Subject to Section 15(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Option Agreement, the terms and conditions of the Plan shall prevail. If designated in the Notice of Grant as an Incentive Stock Option ("ISO"), this Option is intended to qualify as an Incentive Stock Option under Section 422 of the Code. However, if this Option is intended to be an Incentive Stock Option, to the extent that it exceeds the $100,000 rule of Code Section 422(d) it shall be treated as a Nonstatutory Stock Option ("NSO").

  • Termination of Options To the extent vested in accordance with Section 2 above, the Options will terminate, and be of no force or effect, upon the earlier of:

  • Determination of Option Rent In the event Tenant timely and appropriately exercises an option to extend the Lease Term, Landlord shall notify Tenant of Landlord’s determination of the Option Rent within thirty (30) days thereafter. If Tenant, on or before the date which is ten (10) days following the date upon which Tenant receives Landlord’s determination of the Option Rent, in good faith objects to Landlord’s determination of the Option Rent, then Landlord and Tenant shall attempt to agree upon the Option Rent using their best good-faith efforts. If Landlord and Tenant fail to reach agreement within ten (10) days following Tenant’s objection to the Option Rent (the “Outside Agreement Date”), then Tenant shall have the right to withdraw its exercise of the option by delivering written notice thereof to Landlord within five (5) days thereafter, in which event Tenant’s right to extend the Lease pursuant to this Section 2.2 shall be of no further force or effect. If Tenant does not withdraw its exercise of the extension option, each party shall make a separate determination of the Option Rent, as the case may be, within ten (10) days after the Outside Agreement Date, and such determinations shall be submitted to arbitration in accordance with Sections 2.2.3.1 through 2.2.3.7, below. If Tenant fails to object to Landlord’s determination of the Option Rent within the time period set forth herein, then Tenant shall be deemed to have objected to Landlord’s determination of Option Rent.

  • Grant; Type of Option The Company hereby grants to the Participant an option (the “Option”) to purchase the total number of shares of Common Stock of the Company, at the Exercise Price set forth above. The Option is being granted pursuant to the terms of the EndoChoice Holdings, Inc. 2015 Omnibus Equity Incentive Plan (the “Plan”). The Option is intended to be a Nonqualified Stock Option and not an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code.

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