Betekenis van:
incentive option

incentive option
Zelfstandig naamwoord
    • an option granted to corporate executives if the company achieves certain financial goals




    1. Where there is an option to terminate the protection which is at the discretion of the protection buyer and the terms of the arrangement at origination of the protection contain a positive incentive for the credit institution to call the transaction before contractual maturity, the maturity of the protection shall be taken to be the time to the earliest date at which that option may be exercised; otherwise such an option may be considered not to affect the maturity of the protection.
    2. The new entity may also control the development of new storage capacities in Hungary in view of (i) MOL Storage’s call option to purchase depleted fields from MOL E & P; and (ii) MOL’s incentive to favour MOL Storage in selling depleted fields of MOL E & P due to its remaining 25 % shareholding in MOL Storage.