Contracts and Options Sample Clauses
The 'Contracts and Options' clause defines the rules and conditions under which parties may enter into binding agreements or exercise options related to the subject matter of the contract. This clause typically outlines the procedures for creating enforceable contracts, the timeframes and methods for exercising options, and any limitations or requirements that must be met. For example, it may specify how an option to purchase additional goods or services can be triggered and what formalities are required. Its core function is to provide clarity and structure to the process of forming contracts and exercising options, thereby reducing ambiguity and potential disputes between the parties.
Contracts and Options. Except as disclosed in the NPC Disclosure Documents, there are no contracts, actual or contingent obligations, agreements, franchises, license agreements, or other commitments to which NPC is a party or by which it or any of its properties or assets are bound which are material to the business, financial condition, or its results of operation. For purposes of the preceding sentence, the term "material" refers to any obligation or liability which by their terms calls for aggregate payments of more than $10,000. ▇▇▇ ▇▇▇▇▇ holds an option to purchase 3,744,000 NPC Shares.
Contracts and Options. Except as disclosed in the APCI Disclosure Documents, there are no contracts, actual or contingent obligations, agreements, franchises, license agreements, or other commitments to which APCI is a party or by which it or any of its properties or assets are bound which are material to the business, financial condition, or its results of operation. For purposes of the preceding sentence, the term "material" refers to any obligation or liability which by their terms calls for aggregate payments of more than $25,000.
Contracts and Options. Except as disclosed in the ETI Disclosure Documents, there are no contracts, actual or contingent obligations, agreements, franchises, license agreements, or other commitments to which ETI is a party or by which it or any of its properties or assets are bound which are material to the business, financial condition, or its results of operation. For purposes of the preceding sentence, the term "material " refers to any obligation or liability which by their terms calls for aggregate payments of more than $25,000.
Contracts and Options. Except as disclosed in the CTCI Disclosure Documents, there are no contracts, actual or contingent obligations, agreements, franchises, license agreements, or other commitments to which CTCI is a party or by which it or any of its properties or assets are bound which are material to the business, financial condition, or its results of operation. For purposes of the preceding sentence, the term "material" refers to any obligation or liability which by their terms calls for aggregate payments of more than $25,000.
Contracts and Options. Except as disclosed in the DEGA Disclosure Documents, there are no contracts, actual or contingent obligations, agreements, franchise, license agreements, or other commitments to which DEGA is a party or by which it or any of its properties or assets are bound which are material to the business, financial condition, or its results of operation. For purposes of the preceding sentence, the term "material" refers to any obligation or liability which by their terms calls for aggregate payments of more than $50,000.
Contracts and Options. Except as disclosed in the CAL Disclosure Documents, there are no contracts, actual or contingent obligations, agreements, franchises, license agreements, or other commitments to which CAL is a party or by which it or any of its properties or assets are bound which are material to the business, financial condition, or its results of operation. For purposes of the preceding sentence, the term "material" refers to any obligation or liability which by their terms calls for aggregate payments of more than Ten Thousand Dollars ($10,000).
Contracts and Options. Except as disclosed in the XYZ Disclosure Documents, there is no contract, actual or contingent obligation, agreement, franchise, license agreement, or other commitment to which XYZ is a party or by which it or any of its properties or assets are bound which are material to the business, financial condition, or its results of operation. For purposes of the preceding sentence, the term “material” refers to any obligation or liability which by their terms calls for aggregate payments of more than $10,000.