Grant of Exclusive Option. In consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration receipt of which is hereby acknowledged by Seller, Seller hereby grants to Buyer the exclusive right and option to purchase the Property (the "Option to Purchase").
Grant of Exclusive Option. Optionor hereby grants to Optionee the exclusive and irrevocable option (the “Option”) to purchase the Properties in accordance with this Agreement. The period during which the Option may be exercised shall commence on the Effective Date and continue until the expiration of the Option Period as described in the Basic Option Provisions.
Grant of Exclusive Option. CMCC hereby grants Celgene an exclusive option ("Option") to enter into a License Agreement granting Celgene and its Affiliates (a) an exclusive, worldwide, royalty-bearing license, with the right to sublicense, under any Sponsored Research Patents, and (b) a non-exclusive, worldwide license, with the right to sublicense, under any Sponsored Research Know-How, in each case to make, use, offer for sale, sell, import, practice and otherwise dispose of any and all products and methods in the Analog Field. The term of the Option granted to Celgene hereunder shall begin on the Effective Date hereof and terminate, on a Sponsored Research Invention-by-Sponsored Research Invention basis, nine (9) months after receipt by Celgene of the notice set forth in Section 5.1 of this Agreement ("Option Period").
Grant of Exclusive Option. For the separate and distinct ---------------------------- consideration of ONE HUNDRED THOUSAND AND NO/100 DOLLARS ($100,000.00) cash (the "Option Consideration") paid to the Seller not later than the fifth (5th) business day after delivery of this Agreement, signed by Seller, whether or not signed by Purchaser, the Seller hereby GRANTS and CONVEYS unto Purchaser, subject to the conditions precedent to exercise set forth herein, the exclusive right and option (the "Option") to obtain from Seller during the Option Period (hereinafter defined) the Assets described in the form of Asset Purchase Agreement attached hereto as Exhibit I and made a part hereof (the "Assets"), for a purchase price (the "Purchase Price") equal to ONE MILLION EIGHT HUNDRED THOUSAND AND NO/100 ($1,800,000.00), as adjusted under the terms of the Asset Purchase Agreement. Failure to pay the Option Consideration by the fifth (5th) business day after this Agreement, as signed by Seller, is delivered to Purchaser shall render this Agreement void and of no force and effect, notwithstanding the date of execution of this Agreement by Purchaser.
Grant of Exclusive Option. For the consideration expressed in Sections 3 and 25 below, Dakota Group hereby grants to JEI the exclusive, non-revocable right and option (the “Option”) to purchase the Property at the price of $13,000,000.00 (the “Purchase Price”) under and pursuant to the terms set forth in that certain “Real Estate Sales Contract” attached hereto as Exhibit “B” and incorporated herein by reference as if set out word for word (the “Real Estate Sales Contract”).
Grant of Exclusive Option. DBT is hereby granted the exclusive option (the "Exclusive Option") from the Effective Date of this Grant (being the date of last execution of this agreement) through March 31, 1999, to lease not less than all of those certain 50,000 square feet of rentable space initially as outlined in cross-grid on Exhibit "A" attached hereto and made a part hereof, (the "Option Premises"), subject to being reduced and relocated in accordance with Section 6 of this Grant.
Grant of Exclusive Option. BGN hereby grants, and Sorrento accepts, subject to the terms and conditions of this Agreement, an exclusive option to obtain from BGN an exclusive sub-licensable worldwide license in and to the Licensed Patent Rights to develop, make and have made, to use and have used, to sell and have sold and to import Licensed Products, subject to the terms and conditions set forth herein (“Option”).
Grant of Exclusive Option. Key Brokerage agrees to grant Siberian the exclusive option to enter into the Transaction with Key Brokerage for sixty (60) days (the "Option" and the "Option Period") after the date of this Agreement first written above (the "Agreement Date"). Key Brokerage further agrees not to enter into any other negotiations, contracts or agreements, oral or written, express or implied, with any other party regarding the Transaction during the Option Period, without the express written consent of Siberian.
Grant of Exclusive Option. For the independent consideration of $10.00 and other valuable consideration of (which Landlord acknowledges receipt), Landlord hereby grants to Tenant the exclusive, non-revocable right and option (the “Option”) to purchase the Leasehold Premises pursuant to the purchase price and terms described below.
Grant of Exclusive Option
