CT Option definition

CT Option is defined as set forth in Section 8.3.
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Examples of CT Option in a sentence

  • In the event Quick-Med provides Avery notice of a Competitive Technology or a material Develo▇▇▇▇▇ thereto on or before the date that is thirty (30) months after the Effective Date, Avery shall have until the third anniversary of the Effective ▇▇▇▇ to exercise the CT Option with respect to such Competitive Technology or material Development.

  • Avery may exercise the Stay Fresh® Option, the Next Gen Optio▇, ▇▇ the CT Option by sending Quick-Med written notice (the “Option Notice”) of such exercise any time between the Effective Date and the expiration of the applicable Option Period.

  • In the event Quick-Med provides Avery notice of a Competitive Technology or a material Develo▇▇▇▇▇ thereto any time after the date that is thirty (30) months after the Effective date, Avery shall have six months from the date it receives such no▇▇▇▇ to exercise the CT Option with respect to such Competitive Technology or material Development.

Related to CT Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to Exercise the Option.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.