Additional Option Period definition

Additional Option Period means five Business Days from the date that the Securityholders received final documentation reflecting the transfer of the Additional Optioned Shares, in a form reasonably acceptable to the Securityholders;

Additional Option Period shall have the meaning set forth in ------------------------ Section 2.4(a).

Additional Option Period has the meaning set forth in Section 6.2(ii)(b) hereof.

Examples of Additional Option Period in a sentence

• A process shall be developed and utilized which determines the suitability of lands for open space and provides a method for preserving suitable open space lands.

• Regardless of whether the Company and DDD exercise the Option during the Option Period or the Additional Option Period, as the case may be, the Option Price and the Additional Option Price (if any) paid to BTCo shall be applied by BTCo to reduce the principal amount of the 1997 Note.

• On or before the expiration of the Option Period, at the written request of the Company and DDD and upon payment by the Company and DDD to BTCo of an additional amount of $100,000 (the "Additional Option Price") on or before the expiration of the Option Period, the Option Period shall be extended to the earlier of (xx) the occurrence of a Termination Event and (yy) September 17, 1999 (the "Additional Option Period").

• The references in Section 24.1(a) of the Existing Lease to Annual Minimum Rental, Percentage Rental, Additional Option Period Rent or Additional Rentals shall refer to the Annual Rental set forth in Section 5 of this Amendment, together with all other sums due to Landlord under the Lease, as amended by this Amendment.

• As consideration for the Additional Option during [***] year of the Additional Option Period, MERCK shall pay to VICAL [***] for each CANCER TARGET for which it has not yet exercised an Additional ***Confidential Treatment Requested Option as of the [***] anniversary of the Amendment Effective Date of this Fifth Amendment.

• The closing of any purchase pursuant to this ------- Section shall take place within 60 days of the termination of the Initial Option Period or the Additional Option Period, as the case may be, at the office of the Corporation's attorneys, or at such other location as the parties may agree.

• For clarity, (i) Merus is not required to exercise either Additional Co-Development Option, (ii) a Novel Program to which an Additional Co-Development Option applies may cover a [*] Target Pair to the extent permitted in Section 4.3(b), and (iii) if Merus does not exercise an Additional Co-Development Option within the applicable Additional Option Period, then Licensed Products arising from such Novel Program will be Novel Program Products or [*] Non-Co Products and not Additional Co-Development Products.

• Such payments shall be made within 30 days after the start of the [***] years of the Additional Option Period, and upon issuance of an invoice to MERCK by VICAL.

• Commission Regulation (EC) No. 1217/2003 laying down common specifications for national civil aviation quality control programmes OJ L169 of 8.7.2003, p.44.their national compliance monitoring for the period Jan - Dec of the preceding year.

• As consideration for the Additional Option during [***] year of the Additional Option Period, MERCK shall pay to VICAL [***] for each CANCER TARGET for which it has not yet exercised an Additional Option as of the [***] anniversary of the Amendment Effective Date of this Fifth Amendment.

More Definitions of Additional Option Period

Additional Option Period shall have the meaning assigned to that term in Section 2.3(e) hereof.