Additional Option Termination Date definition
Additional Option Termination Date means the later of (a) that date which is three (3) months after the date on which Original Purchaser first receives a written certification from the Chief Executive Officer or the Chief Financial Officer of Company that Company has drilled and completed, or otherwise suspended operations with respect to, the fourth (4th) well located in the ▇▇▇ ▇▇▇ ▇▇▇▇; or (b) March 31, 2018.”
Additional Option Termination Date the meaning given in Clause 4.2.
Additional Option Termination Date in Section 1.1 of the SPA is hereby amended by replacing the reference therein to “March 31, 2018” with “July 31, 2018”.
Examples of Additional Option Termination Date in a sentence
The Additional Option shall terminate at 5:00 p.m., New York City time, on September 8, 1998 (the "Additional Option Termination Date").
The Additional Option may be exercised on one occasion in whole or in part at any time on and after the date hereof, through and including the Additional Option Termination Date.