What is a dynamic option


Copy Examples of Dynamic Options in a sentence The Selling Securityholder agrees to take all such steps and execute all such agreements as are deemed necessary by the Trust so that the Dynamic Options held by the Selling Securityholder are either exercised, cancelled or terminated as contemplated by the Arrangement Agreement.

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Except for the Dynamic Warrants, the Dynamic Options and the Dynamic Secured Notes referenced in this clause 2 there are not any existing options, warrants, calls, subscriptions, stock appreciation rights or other rights or agreements or commitments obligating Dynamic to issue, transfer or sell any capital stock or other security of it or any Dynamic Subsidiary, or any other security convertible into or evidencing the right to subscribe for any such security.

Except for the Dynamic Warrants, the Dynamic Options and the Dynamic Secured Notes referenced in this clause bthere are not any existing options, warrants, calls, subscriptions, stock appreciation rights, or other rights or agreements or commitments obligating Dynamic to issue, transfer or sell any capital stock or other security of it or any Dynamic Subsidiary or any other security convertible into or evidencing the right to subscribe for any such stock or security.

The Selling Securityholder acknowledges and agrees that pursuant to the Arrangement, all outstanding Dynamic Options shall be exercised, cancelled or otherwise terminated.

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Each Dynamic What is a dynamic option including Dynamic Options subject to accelerated vesting not exercised immediately prior to the Effective Time will be terminated for no consideration and will be cancelled and shall cease to represent the right to acquire Dynamic Shares.