Termination Option Exercise Period definition

Termination Option Exercise Period has the meaning ascribed to it in Section 5.4 herein; ​
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Examples of Termination Option Exercise Period in a sentence

  • In the interim each such Termination Option Exercise Period referenced herein will be construed and interpreted to mean the earlier of the date of the expiration of the within Options and three months from the date of termination of the Executive in each such instance.

  • Accordingly, it is hereby acknowledged and agreed that the within Termination Option Exercise Period, albeit agreed to herein between the Parties, is not effective until such time, if any, that the Company receives shareholder approval to its current Option Plan allowing for such a Termination Option Exercise Period; which the Company plans to seek and obtain at its next meeting of stockholders.

  • The Board of Directors may from time to time amend, modify, suspend or terminate the Plan; provided, however, that the Plan may not be amended, modified or suspended more than once every six months, other than to comport with changes in the Code, the Employee Retirement Income Security Act or the rules thereunder.

Related to Termination Option Exercise Period

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Post-Termination Exercise Period means the period following termination of a Participant’s Continuous Service within which an Option or SAR is exercisable, as specified in Section 4(h).

  • 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.

  • 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.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Option Exercise Notice has the meaning provided in Section 3.6 below.

  • Option Period means the period during which an Option may be exercised.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • Renewal Option has the meaning set forth in §12.1.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

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

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Recapture Period means, with respect to any Project, the period from the date such Project is Placed in Service through the fifth anniversary of such date.

  • Call Option Date As defined in Section 10.01(a) hereof.