Option Purchase Agreement Sample Clauses

Option Purchase Agreement. The Option Purchase Agreement duly executed by the Sellers and an authorized officer of the Company.
AutoNDA by SimpleDocs
Option Purchase Agreement. The Option Purchase Agreement dated as of the Closing Date and duly executed by an authorized officer of the Purchaser.
Option Purchase Agreement. By written option purchase agreement dated the day of two thousand and nine (hereinafter referred to as: the “Option Purchase Agreement”) in which: - the Purchaser has received an exclusive option // obligation to acquire four thousand three hundred twenty (4,320) shares in the capital of the Company, each share with a nominal value of one euro (EUR 1), numbered 9,919 up to and including 14,238 (hereinafter referred to as: the “Option 1”); - the Purchaser has received an exclusive option // obligation to acquire five thousand nine hundred fifty-one (5,951) shares in the capital of the Company, each share with a nominal value of one euro (EUR 1), numbered 1 up to and including 5,951 (hereinafter referred to as: the “Option 2”); - the Purchaser has received an exclusive option // obligation to acquire five hundred twenty-nine (529) shares in the capital of the Company, each share with a nominal value of one euro (EUR 1), numbered 17,119 up to and including 17,647 (hereinafter referred to as: the “Option 3”); - the Purchaser has received an exclusive option // obligation to acquire two thousand four hundred (2,400) cumulative preference shares in the capital of the Company, each share with a nominal value of one euro (EUR 1), numbered 1 up to and including 2,400 (hereinafter referred to as: the “Option 4”). the Option 1, the Option 2, the Option 3 and the Option 4 hereinafter also collectively referred to as the “Options”.
Option Purchase Agreement. Within three (3) business days following CNI-26's receipt of the Option Notice, CNI-26 and Paxsxx xxxll enter into an Asset Purchase Agreement that contains such terms and conditions as are customarily included in such agreements and is in form and substance reasonably acceptable to Paxsxx xxx CNI-26 (the "Option Purchase Agreement"), and thereafter CNI-26 and Paxsxx xxxll perform their respective obligations under the Option Purchase Agreement, including, without limitation, filing and prosecuting an appropriate application for FCC consent to the assignment of the FCC Licenses from CNI-26 to Paxsxx (xxe "FCC Consent").
Option Purchase Agreement. Each Party shall execute and deliver to the other Party and the Escrow Agent, the Option Purchase Agreement and Escrow Instructions materially in the form attached hereto as Exhibit “F” (the “Option Purchase Agreement”) on the earlier to occur of thirty (30) days prior to the expiration of the Extended Term or the date on which the monies on deposit in the Sinking Fund equal the amount of the deductions against the Option Purchase Price described in items (i) and (ii) of Section 12. The Closing of Brings’ purchase of the Property shall occur not later than thirty (30) days after the Parties’ execution of the Option Purchase Agreement (the “Option Closing Date”), and Sections 3, 4, 5, 6, 7 and 8 shall apply to Brings’ purchase of the Property and shall be modified as may be necessary for such purpose.
Option Purchase Agreement. Within three (3) business days following CNI-13's receipt of the Option Notice, CNI-13 and Paxsxx xxxll enter into an Asset Purchase Agreement that contains such terms and conditions as are customarily included in such agreements and is in form and substance reasonably acceptable to Paxsxx xxx CNI-13 (the "Option Purchase Agreement"), and thereafter CNI-13 and Paxsxx xxxll perform their respective obligations under the Option Purchase Agreement, including, without limitation, filing and prosecuting an appropriate application for FCC consent to the assignment of the FCC Licenses from CNI-13 to Paxsxx (xxe "FCC Consent"). 4. Control of the Station. Prior to the closing of the transactions contemplated by the Option Purchase Agreement, Paxsxx xxxll not, directly or indirectly, control, supervise, direct, or attempt to control, supervise, or direct, the operations of the Station, such operations, including complete control and supervision of all of the Station programs, employees, and policies, shall be the sole responsibility of CNI-13 until the closing of the transactions contemplated by the Option Purchase Agreement. 5. Representations and Warranties of CNI-13. CNI-13 represents and warrants to Paxsxx xx follows: (a) CNI-13 is a corporation duly organized, validly existing and in good standing under the laws of the State of Florida and is duly qualified to conduct business as a foreign corporation in the State of Illinois. CNI-13 has full corporate power and authority to execute and deliver this Option Agreement and to consummate the transactions contemplated hereby. The execution and delivery of this Option Agreement and the consummation of the transactions contemplated hereby by CNI-13 have been duly and validly authorized by all necessary corporate action on the part of CNI-13. This Option Agreement has been duly and validly executed and delivered by CNI-13 and constitutes a legal, valid and binding agreement of CNI-13 enforceable against CNI-13 in accordance with its terms, except as such enforceability may be affected by bankruptcy, insolvency or similar laws affecting creditors' rights generally and by judicial discretion in the enforcement of equitable remedies. (b) Except for the FCC Consent, there is no requirement applicable to CNI-13 to make any filing with, or to obtain any permit, authorization, consent or approval of, any governmental or regulatory authority or any other third party as a condition to the consummation by CNI-13 of the transacti...
Option Purchase Agreement. Within three (3) business days following Licensee's receipt of the Option Notice, Licensee and Paxsxx xxxll enter into an Asset Purchase Agreement that contains such terms and conditions as are customarily included in such agreements and is in form and substance reasonably acceptable to Paxsxx xxx Licensee (the "Option Purchase Agreement"), and thereafter Licensee and Paxsxx xxxll perform their respective obligations under the Option Purchase Agreement, including, without limitation, filing and prosecuting an appropriate application for FCC consent to the assignment of the FCC Licenses from Licensee to Paxsxx (xxe "FCC Consent").
AutoNDA by SimpleDocs
Option Purchase Agreement. Within five (5) business days following Paxsxx'x xxxeipt of the Put Notice or PNB's receipt of the Call Notice, as the case may be, PNB and Paxsxx xxxll enter into the Option Purchase Agreement in the form of Schedule A hereto (the "Option Purchase Agreement"), it being understood that the only change to such form shall be changes, if any, in the information contained in the Schedules thereto and the addition, if any, of Schedules thereto that are reasonably required to reflect events occurring after the date hereof; provided, however, that Paxsxx xxxll not be required to accept any such change or addition that, as a result of any action taken by PNB, could reasonably be expected to cause a material adverse change in, or have a material adverse effect on, the assets to be conveyed to Paxsxx xxxsuant to the Option Purchase Agreement, the business or operations of the Station or the ability of PNB to consummate the transactions contemplated by the Option Purchase Agreement in accordance with its terms. Upon the execution and delivery of the Option Purchase Agreement, PNB and Paxsxx xxxll perform their respective obligations thereunder, including, without limitation, filing and prosecuting an appropriate application for FCC consent to the assignment of the FCC Licenses from PNB to Paxsxx (xxe "FCC Consent").
Option Purchase Agreement. Within fifteen (15) days following the Option Exercise Date, each Party shall execute and deliver to the other Party and the Escrow Agent, the Option Purchase Agreement and Escrow Instructions materially in the form attached hereto as Exhibit F (the “Option Purchase Agreement”). The Closing of Gadsden’s purchase of the Property shall occur not later than sixty (60) days after the Option Exercise Date (the “Option Closing Date”), and Sections 3, 4, 5, 6, 7 and 8 shall apply to Gadsden’s purchase of the Property and shall be modified as may be necessary for such purpose.

Related to Option Purchase Agreement

  • Stock Purchase Agreement Each Purchaser understands and agrees that the conversion of the Notes into equity securities of the Company will require such Purchaser’s execution of certain agreements relating to the purchase and sale of such securities as well as any rights relating to such equity securities.

  • Share Purchase Agreement 6- --------------------------------------------------------------------------------

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Founder’s Purchase Agreement The Founder’s Purchase Agreement has been duly authorized, executed and delivered by the Company and the Sponsor, and is a valid and binding agreement of the Company and the Sponsor, enforceable against the Company and the Sponsor in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

  • Note Purchase Agreement The conditions precedent to the obligations of the Applicable Pass Through Trustees and the other requirements relating to the Aircraft and the Equipment Notes set forth in the Note Purchase Agreement shall have been satisfied.

  • Purchase Agreement See the introductory paragraphs hereof.

  • Purchase Agreements The Sponsor has executed and delivered a Private Placement Warrants Purchase Agreement, the form of which is annexed as an exhibit to the Registration Statement (the “Sponsor Purchase Agreement”), pursuant to which the Sponsor will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Placement Warrants allocated to the Sponsor described in Section 1.4.2. The Representative has executed and delivered a Private Placement Warrants Purchase Agreement, the form of which is annexed as an exhibit to the Registration Statement (the “Representative Purchase Agreement”, together with the Sponsor Purchase Agreement, the “Purchase Agreements”), pursuant to which the Representative will, among other things, on the Closing Date, consummate the purchase of and deliver the purchase price for the Placement Warrants allocated to the Representative described in Section 1.4.2. Pursuant to the Purchase Agreements, (i) the Sponsor and the Representative have waived any and all rights and claims it may have to any proceeds, and any interest thereon, held in the Trust Account in respect of the Placement Warrants, and (ii) certain proceeds from the sale of the Placement Warrants will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement on the Closing Date as provided for in the Purchase Agreements.

  • Receivables Purchase Agreement The Transferor, in its capacity as purchaser of Receivables from the RPA Seller under the Receivables Purchase Agreement, shall enforce the covenants and agreements of the RPA Seller as set forth in the Receivables Purchase Agreement, including its agreement to designate Additional Accounts as and when required in order for the Transferor to fulfill its undertakings in Section 2.06. The Transferor shall not amend, waive or otherwise modify the Receivables Purchase Agreement except in accordance with its terms.

  • Asset Purchase Agreement The transactions contemplated by the Asset Purchase Agreement shall have been consummated.

  • Amendment to Purchase Agreement The Purchase Agreement is hereby amended as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.