Securities Issuance Option

Example Definitions of "Securities Issuance Option"
Securities Issuance Option. Means HM's option to obligate Option Writer to purchase Preferred Shares with an Original Value of up to US$75,000,000, subject to the terms and conditions set forth in this Agreement.
Found in Horace Mann Educators Corporation contract
Securities Issuance Option. Means Trenwick's option to obligate Option Writer to purchase up to 550,000 Preferred Shares, subject to the terms and conditions set forth in this Agreement.
Found in TRENWICK GROUP LTD contract
All Definitions