Final Option definition

Final Option granted pursuant to Section 1.01 of the Securities Purchase Agreement and is entitled to the benefits of, and is subject to, the terms thereof.
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Examples of Final Option in a sentence

  • If Targacept accepts such Final Option Compound Offer, such Option Compound shall, unless expressly specified otherwise in such Final Option Compound Offer, be deemed to be a POC Option Candidate Drug.

  • The Parties agree that the number of AEAs transacted, and the Contract Value shall not be disclosed before the end of the Final Option Day.

  • After the Final Option Day, the Buyer shall be deemed to have waived its right to the Option referred to in section 2.3, and the Seller shall be free to sell the relevant AEAs to a third party.

  • If Targacept does not accept the Final Option Compound Offer submitted by AstraZeneca within [********] after the Final Option Compound Offer is delivered to Targacept, either Party may at any time [********] after the expiration of such [********] negotiation period refer the matter to arbitration in accordance with Section 14.4 (expedited arbitration).

  • If all the Offered Shares are not sold either pursuant to the Offer or the options granted hereunder within sixty (60) days after the Final Option Period, the provisions of this Section 2.3 shall remain in full force as to subsequent offers and sales for the Offered Shares.

  • The Withdrawal Option may be exercised by the Seller at any time and from time to time after the Closing Date but on or prior to the Final Option Withdrawal Date, by delivery of written notice to the Adjustment Escrow Agent and the Buyer of the Seller's intention to exercise such Withdrawal Option for the specified number of applicable Initial Adjustment Shares.

  • If the higher of the Final Option Price Proposals is no more than 105% of the lower of the Final Option Price Proposals, then the Option Purchase Price will be the average of the Final Option Price Proposals.

  • Except for the right to exercise an Option in respect of an Option Product following receipt of a Final Option Data Package in respect thereof, Genzyme shall not obtain any ownership interest or other right to Develop or Commercialize (or to compel Alnylam Develop or Commercialize) such Option Product during the Transition Period, provided that the foregoing shall not relieve Alnylam of any of its obligations under this Master Agreement in respect of such Option Product during the Transition Period.

  • Payments made pursuant to the Option Notes by a Parent Company shall be net of the relevant Final Option Withholding Tax Amounts.

  • After the expiration of the Corporation Option Period, the Initial Option Period and the Final Option Period, if the Corporation and Eligible Stockholders have not exercised their respective options to purchase all of the Offered Shares, then within a period ending sixty (60) days after the expiration of the Final Option Period, the Offeror may sell or otherwise dispose of all of the Offered Shares, but only in strict accordance with the Offered Terms.