Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

Option Term means the period beginning on the Grant Date of an Option and ending on the expiration date of such Option, as specified in the Award Agreement for such Option and as may, consistent with the provisions of the Plan, be extended from time to time by the Board prior to the expiration date of such Option then in effect.

Option Term means the maximum term of an Option as set forth in Section 7.3.

Examples of Option Term in a sentence

Tenant may exercise its option to renew this Lease for the Option Term by providing Library with written notice of such exercise at least ninety (90) days prior to the End Date.
During the Option Term the Seller shall not offer for sale or transfer any Option AEAs to any third party.
The Borrower hereby consents to the sale and assignment by Mxxxxx Sxxxxxx Bank, N.A. to each Post-Closing Option Term Lender, and the purchase and assumption by each Post-Closing Option Term Lender (or a specified Affiliate thereof, which may be a separate fund) from Mxxxxx Sxxxxxx Bank, N.A., of Amendment No. 8 Initial Term Loans as contemplated by the Preliminary Statements hereto.

More Definitions of Option Term

Option Term means a period, if any, through which this Agreement may be or has been extended by the Establishing JBE.

Option Term means the period beginning on the Grant Date of an Option and ending on the date such Option expires, terminates or is cancelled.

Option Term means the period of 20 years commencing on 1 January 1993 and expiring on 31 December 2012;

Option Term means a period, if any, through which this Agreement may be or has been extended by the Judicial Council.

Option Term shall have the meaning ascribed to such term in Section 3 of this Agreement.

Option Term shall have the meaning ascribed to such term in Section 2 herein.

Option Term means the period of time during which an Option is exercisable as the Committee shall determine at the time of grant; provided, however, no Option shall be exercisable later than the tenth anniversary of its grant date.