Failure to Exercise definition

Failure to Exercise means the expiration of the Call Period without Monsanto Canada exercising the Call Option.
Failure to Exercise shall have the meaning set forth in the Option Agreement.

Examples of Failure to Exercise in a sentence

  • Delays or Failure to Exercise Rights: No partial performance, delay or failure on the part of Tomorrow Energy in exercising any rights under this Agreement and no partial or single exercise thereof shall constitute a waiver of such rights or of any other rights hereunder.

  • Delays or Failure to Exercise Rights: No partial performance, dela or failure on the part of Tomorrow Energy in exercising any right under this Agreement shall constitute a waiver of such rights or an other rights hereunder.

  • Failure to Exercise Rights Shall Not Operate as a Waiver; No Suspension of Remedies.

  • Delays or Failure to Exercise Rights: No partial performance, delay or failure on the part of Tomorrow Energy in exercising any rights under this Agreement shall constitute a waiver of such rights or any other rights hereunder.

  • Failure to Exercise Rights Shall Not Operate as a Waiver; No Suspension of Remedies.......

  • Aptose hereby represents and warrants to CG that, as of the Execution Date, Aptose has not entered into any agreement or arrangement with a Third Party that impairs Aptose’s ability to assign any Data pursuant to Aptose’s obligations under Sections 2.6 (Effects of Aptose’s Failure to Pay Option Grant Fee), 3.9 (Effects of Aptose’s Failure to Exercise Option) and 12.4 (Results of Termination), and any other similar provisions in this Agreement.

  • If Lessee shall not have exercised the option, by written notice to the BOCC, through the Airport Director, within the fifteen (15) calendar day period provided in the BOCC’s Notice of Failure to Exercise, the option shall be forfeited and Lessee shall have no further right to extend the relevant term of this Lease Agreement.

  • Failure to Exercise Option If applicant fails to exercise any available options and the X Rental Period has lapsed: a) Applicant to redeliver a vacant possession of the Property to the Bank in a tenantable condition failing which the applicant will be deemed to be over-staying on a month to month basis with payment due (applies after expiry of rental tenure).

  • Delays or Failure to Exercise Rights: No partial performance, delay or failure on the part of Sperian in exercising any rights under this Agreement and no partial or single exercise thereof shall constitute a waiver of such rights or of any other rights hereunder.

  • In the event the Term expires upon a Failure to Exercise, any Compounds and/or Formulations that remain in Monsanto’s possession upon such expiration of the Term shall be promptly destroyed or returned to Protiva, in Protiva’s sole discretion.

Related to Failure to Exercise

  • Election to Exercise shall have the meaning attributed thereto in Subsection 2.2(d).

  • Broker Exercise Notice means a written notice pursuant to which a Participant, upon exercise of an Option, irrevocably instructs a broker or dealer to sell a sufficient number of shares or loan a sufficient amount of money to pay all or a portion of the exercise price of the Option and/or any related withholding tax obligations and remit such sums to the Company and directs the Company to deliver stock certificates to be issued upon such exercise directly to such broker or dealer or their nominee.

  • Notice of Exercise means a notice in writing addressed to the Company at its address first recited, which notice shall specify therein the number of Optioned Shares in respect of which the Option is being exercised;

  • Stock Tender Exercise means a Stock Tender Exercise as defined in Section 6.3(b)(ii).

  • Exercise Form means an Exercise Form in the form annexed hereto as Exhibit A.