Maximum Number of Options definition

Maximum Number of Options means in respect of a Transaction to which Multiple Exercise is applicable, the number specified as such in the relevant Confirmation.
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Maximum Number of Options means, in respect of an Allowance Option Transaction to which Multiple Exercise is applicable, the number specified as such in the related Confirmation.
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Maximum Number of Options. A number of Options equal to the number of Deemed Disposal Shares or, if so contemplated by any offer in respect thereof, any number of Shares not in excess of the sum of the Deemed Disposal Shares, provided that if the relevant Tranche Price for such exercise shall be derived from a Market Disposal, the Maximum Number of Options shall be equal to the Permitted Number; and provided further that if the relevant exercise shall be an Independent Exercise Date following a Final Disposal, then the Maximum Number of Options shall be equal to the number of Options not yet exercised by Party B;
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Examples of Maximum Number of Options in a sentence

  • An option to increase the Face Amount of this contract will become effective on each Fixed Increase Option Date and each Additional Increase Option Date (see paragraphs 5c and 5d) if less than the Maximum Number of Options have been used to increase the Face Amount.

  • The Maximum Number of Options that may be used to increase the Face Amount is the number of Fixed Increase Option Dates occurring after the date of issue of this rider.

  • The Maximum Number of Options that may be used to increase the Face Amount is the number of Fixed Increase option Dates occurring after the date of issue of this rider.

  • An option to increase the Face Amount of this contract will become effective on each Fixed Increase Option Date and each Additional Increase Option Date (see paragraphs 4c and 4d) if less than the Maximum Number of Options have been used to increase the Face Amount.

  • This rider will terminate on the earliest of: 1) The date 90 days following the Rider Anniversary after the Insured's 43rd birthday; 2) The date the cumulative total of options used to increase the Face Amount equals the Maximum Number of Options; 3) The date this contract terminates; and 4) The date you give Written Notice to cancel this rider.

  • An attempt to exercise on any occasion: more than the Maximum Number of Options will be deemed to be an exercise of the Maximum Number of Options (and the number of Options exceeding the Maximum Number of Options will be deemed to remain unexercised); and fewer than the Minimum Number of Options will be ineffective.

  • Applicable Minimum Number of Options: 1 Maximum Number of Options: 45,334 Integral Multiple: 1 Written Confirmation of Exercise: Applicable.

  • Subject to clause 9.8 (Exercise of Remaining Options), if a Maximum Number of Options and/or a Minimum Number of Options is specified, the Option Buyer may not exercise rights in respect of fewer than the Minimum Number of Options or more than the Maximum Number of Options.

  • Exercise of Remaining Options On any Business Day in the Exercise Period other than the Expiration Date, the Option Buyer may exercise any number of Options that does not exceed the Maximum Number of Options (including a number of Options which is fewer than the Minimum Number of Options) if the exercise relates to all the Options remaining unexercised.

  • On the Expiration Date, the Option Buyer may exercise any number of Options remaining unexercised, regardless of whether this is fewer than the Minimum Number of Options or more than the Maximum Number of Options.


More Definitions of Maximum Number of Options

Maximum Number of Options. Not Applicable
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Maximum Number of Options means the number specified in the relevant Confirmation.
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Related to Maximum Number of Options

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Number of Options The number of Base Convertible Securities in denominations of USD1,000 principal amount issued by Counterparty on the closing date for the initial issuance of the Convertible Securities. For the avoidance of doubt, the Number of Options outstanding shall be reduced by each exercise of Options hereunder. Applicable Percentage: 20% Option Entitlement: The product of the Applicable Percentage and 10.7198

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

  • Maximum Number means that number of directors constituting the greater of (x) two and (y) 20% of the total number of directors of the Corporation on the last day on which a Nomination Notice may be submitted pursuant to this Section 3.11 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 3.11.c.i.

  • Number of Option Shares means ___________________ shares of Stock, as adjusted from time to time pursuant to Section 9.