Option Consideration definition

Option Consideration has the meaning set forth in Section 3.3(a).

Option Consideration means, with respect to any share of Company Common Stock issuable under a particular Option, an amount equal to the excess, if any, of (i) the Merger Consideration over (ii) the exercise price payable in respect of such share of Company Common Stock issuable under such Option.

Option Consideration shall have the meaning set forth in Section 3.4.

Examples of Option Consideration in a sentence

• Option Consideration – This clause provides details on the fee a tenant pays for the option to purchase the property and whether it will apply to the purchase price of the property.

• Upon any termination by Optionee under this Section 9.1, Optionee shall be entitled to all rights and remedies available to it at law or in equity, including the right to receive a refund of all Option Consideration previously paid.

• The Option Consideration shall be deemed fully earned by Owner upon receipt, and shall be considered non-refundable to Optionee except as otherwise provided in Section 9.1 below.

• The Option Consideration has been bargained for and agreed to as separate and independent consideration for Optionee’s option to lease the Property pursuant to the terms herein, and for Owner’s execution and delivery of this Agreement.

• If the Option has not been exercised prior to such time, then the Option shall lapse and shall thereafter be of no further force or effect, whereupon Seller shall retain the Option Consideration and Buyer and Seller shall have no further rights or obligations under this Agreement.

More Definitions of Option Consideration

Option Consideration has the meaning set forth in Section 4.07(a).

Option Consideration has the meaning set forth in Section 1.7(a).

Option Consideration is defined in Section 2.8(a).

Option Consideration has the meaning set forth in Section 2.06(d).

Option Consideration means the excess, if any, of the Merger Consideration over the per share exercise price of the applicable Company Option.

Option Consideration means, with respect to any Share issuable under a particular Option, an amount equal to (i) the Merger Consideration per Share less (ii) the exercise price payable in respect of each Share issuable under such Option.

Option Consideration has the meaning set forth in Section 1.12(a).