Expiry of Option. If an Option expires or terminates for any reason without having been exercised in full, the unpurchased Shares subject thereto shall again be available for the purposes of the Plan.
Expiry of Option. The term of the vested Options shall be from the date hereof and shall expire on the earlier of the following:
Expiry of Option. If the Option Period in respect of any Candidate Technology that is not Encumbered expires without ICIL receiving written notification that the Company wishes to exercise the Option, the Option in respect of that Candidate Technology shall lapse and ICIL shall be free to dispose of that Candidate Technology as it wishes without further obligation to the Company.
Expiry of Option. Subject to the terms of the Plan (including but not limited to section 7.1(e)(v) of the Plan), the provisions of this Agreement below, and/or any employment or service agreement, offer letter, change in control severance agreement, or any other agreement that, prior to the date of this Agreement, has been entered into between the Optionee and the Company or any subsidiary of the Company or any Affiliate of the Company (such agreement, a “Separate Agreement”), the Option will expire upon the earliest to occur of the following:
Expiry of Option. The Option, unless earlier exercised, shall expire and be null and void on the date (the “Expiration Date”) of the first to occur of the death of either Fxxxx Xxxxxxxx or Bxxxxxx.
Expiry of Option. Subject to the terms of the Plan (including but not limited to section 8.1(e)(iv) of the Plan) and the provisions of this Agreement below, the Option will expire upon the earliest to occur of the following:
Expiry of Option. The Option may be exercised at any time (subject to CRTC Approval as set out in the Purchase Agreement), in whole, during the period commencing on the date of execution of this Agreement and terminating at 5:00 p.m. (Toronto time) on the Outside Date (the “Expiry Date”). At the close of business on the Expiry Date, the Option will expire and terminate.
Expiry of Option. If the option granted under Section 4.1 expires under the terms of this Agreement, Robexxx xxxll transfer to RiboGene all information, including, without limitation, data, reports and documentation generated by Robexxx xx the course of the performance of the Development Program and all rights of Robexxx xx and to such information.
Expiry of Option. If the Tenant has not served an Option Notice within the Option Period or this Lease has been terminated (howsoever that shall occur) the Option will immediately lapse and the Tenant:-
Expiry of Option. If the Grantee fails to exercise the Option before the expiration of the Option Term this Option Agreement shall terminate and the Grantor may retain the Option Fee and shall have no further obligation to the Grantee. If the parties meet the Conditions to Purchase and an Asset Sale Agreement is secured, the Option Fee shall be rebatable against the Purchase Price.
