Option to Acquire. After expiration of the Compliance Period, the General Partner may give notice (the "GP Notice") to the Limited Partner that it desires to purchase the entire Interest of each of the Limited Partner and the Special Limited Partner in the Partnership. Upon receipt by the Limited Partner and the Special Limited Partner, the following events shall occur:
Option to Acquire. Party A hereby grants Party B a priority option, exercisable during the Term of this Contract, to acquire the whole or part of Party A's existing or future production facilities and/or mineral deposits. The Option may be exercised by Party B delivering to Party B the Notice to exercise substantially in the form attached hereto as Schedule "A", upon occurrence of any one of the following events: (1) Party A in voluntary or involuntary bankrupt or liquidation proceedings; or
Option to Acquire. Should the Xxxx Xxxxxxx Fire Department no longer serve the City of Arden Hills or no longer use, occupy, or otherwise cease to operate in the fire station, the fire station, at the discretion of the JPA, may be used by a successor organization that provides fire protection to the Parties. Should no acceptable successor organization be identified the City of Arden Hills will have the option to reimburse the other two Parties, the Cities of Shoreview and North Oaks, for their respective contributions to the purchase of the Property, construction of the fire station, and any applicable capital improvements to the station plus inflation as measured by the Consumer Price Index (CPI) and take ownership of the land and associated buildings.
Option to Acquire. For 30 days following the receipt of the Notice and Acquisition Documents by the Purchaser, the Purchaser shall have the option to acquire the rights proposed to be transferred at the greater of. (i) the price stated in the Notice and Acquisition Documents, or (ii) U.S.$50,000, or at any other price agreed to by the Purchaser and the Seller. If the Purchaser does not elect to acquire the rights during the 30 day period following the Purchaser's receipt of the Notice and Acquisition Documents, then, the Seller may transfer the rights to the proposed transferee on the terms and conditions set forth in the Acquisition Documents.
Option to Acquire. In the event that the Company has received a request for a Demand Registration from an Investor pursuant to Section 2.1, the Company or any non-Requesting Investor (in proportion to their percentage ownership of Shares) shall have the option, for a period of 30 days from the date of the Requesting Investor's request, to acquire all of the Shares sought to be included in a Demand Registration at a per share price equal to the average Closing Price of the Shares during the 20-day period beginning 10 days prior to receipt of the Investor's request and ending 10 days thereafter. The Requesting Investor shall have the absolute right to withdraw its request for a Demand Registration at any time prior to the expiration of such 20-day period. In the event that the Company or the non-requesting Investors elect not to purchase all of the Shares covered by the Investor's request, the Company shall proceed with the registration of the Shares pursuant to this Article 2.
Option to Acquire. 35 9.13 Right of First Refusal ......................... 36
Option to Acquire. Notwithstanding the provisions of Sections 17.12(a) and (b) above, after the conclusion of the initial term of the Mortgage Loan, the General Partner may give notice (the "General Partner Notice") to the Special Limited Partner and the Limited Partner that it desires to purchase the entire Interests of each of the Special Limited Partner and the Limited Partner in the Partnership. Upon the Special Limited Partner's and the Limited Partner's receipt of the General Partner Notice, the following events shall occur:
Option to Acquire. (a) Xxxxxxx and Webprizm hereby grant to Multiplayer an option (the "Option") to acquire all of the then outstanding shares of Webprizm or the assets (including but not limited to the Project and any Improvements) of Webprizm. The Option may not be exercised until Multiplayer has incurred all Expenditures in the amount and by the time described under Subsection 3(b) herein.
Option to Acquire. If, during the Restricted Period, the ----------------- parties are unable to enter into a Letter of Intent pursuant to Section 8, and LHF and/or Olympic proposes to consummate an Acquisition Transaction with parties other than the Stockholders, the following provisions shall apply:
Option to Acquire. Subject to the terms and conditions of this Agreement and Applicable Law, Arrow and its Affiliates hereby xxxxx Xxxx an exclusive option exercisable upon Regulatory Approval of the Ramipril Application or any Amended Ramipril Application to acquire Arrow's and Arrow's Affiliates' entire right, title and interest to the Ramipril Application and any Amended Ramipril Application held by Arrow and its Affiliates, free and clear of all Encumbrances. Neither Arrow nor any Affiliate thereof shall grant to any Third Party any right, title, interest or option with respect to the Ramipril Application or the Amended Ramipril Application, and shall retain all right, title and interest in same. Arrow shall provide King with notice of tentative Regulatory Approval of the Ramipril Application or of the Amended Ramipril Application within [***] of receiving same. King may exercise its option, subject to Applicable Law, by providing, within [***] of receipt by King of such notice from Arrow, written notice to Arrow of its election to so exercise the option and payment to Arrow of U.S. Dollars ("USD") $[***]. After exercising its option, King as owner of the Ramipril Application and/or Amended Ramipril Application shall comply with all Applicable Laws with regard to such applications. Notwithstanding King's option right, as set forth in this Section 2.4, King's acquisition of the Ramipril Application and the Amended Ramipril Application shall constitute a transfer of title of same, and of all rights and interests derived from any Regulatory Authority with respect to same, but shall not operate to transfer title to King with respect to any Ramipril Know-How contained in either of same, and King's rights to such Ramipril Know-How shall at all times be subject to and governed by Sections 2.1 and 2.2 hereof.
