Option Event Date definition

Option Event Date means (a) in the case of an Option Event arising under Paragraph (D)(1)(a) of this Article 2 or an Option Event arising under Paragraph (D)(1)(b) of this Article 2 that is related to an Option Event arising under Paragraph (D)(1)(a) of this Article 2, the date the applicable Voluntary Transfer/Conversion Notice is received by the Transfer Agent; provided, however, that, in the event the Holder submitting such Voluntary Transfer/Conversion Notice indicates therein a Minimum Price, the Option Event Date shall not occur until the close of business on the day on which the Purchase Price equals or exceeds such Minimum Price; (b) in the case of an Option Event arising under Paragraph (D)(1)(c) of this Article 2, or an Option Event arising under Paragraph (D)(1)(b) of this Article 2 that is related to an Option Event arising under Paragraph (D)(1)(c) of this Article 2, the date of such foreclosure sale or other Transfer; and (c) in the case of an Option Event arising under Paragraph (D)(1)(d) of this Article 2, the date of consummation of the Change in Control of Matex.
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Option Event Date means the date that an Option Event occurs except that if the Option Event results from either Postle or the Company notifying the other party of his or its electio▇ ▇▇▇ to renew the Term of Employment, the Option Event Date shall be the date of the termination or expiration of the Term of Employment.
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Examples of Option Event Date in a sentence

  • If an Option Event occurs, Artisan shall, as soon as practicable following the Option Event Date, deliver to the Operating Member a written notice (the "Purchase Notice") stating the purchase price (or, if applicable, the Initial Purchase Price or in the case of Option B, the Fair Market Value), a detailed explanation of the valuation methodology and supporting information utilized in arriving at said purchase price (or Fair Market Value).

Related to Option Event Date

  • Put Option Event means a Change of Control Event.

  • Event Date shall have the meaning set forth in Section 2(d).

  • Switch Event Date means the date recorded in the Registry as being the date on which a trader assumes responsibility for an ICP;

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.