First Option Expiration Date definition

First Option Expiration Date shall have the meaning assigned to it in Section 2.1.
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First Option Expiration Date means the date of the Expiration of the First Option.
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First Option Expiration Date means the date that is ninety ---------------------------- (90) days after the First Option Commencement Date.
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Examples of First Option Expiration Date in a sentence

  • The purchase price per share, which shall also equal the initial conversion price per share, of any Second Option Preferred Stock purchased on any given day will, to the extent any part of such Second Option is exercised within six (6) months of the First Option Expiration Date, be the lesser of a) $0.40/share or b) a price per share equal to $40,000,000 divided by the Company’s fully diluted shares outstanding on such date.

  • To the extent any part of such Second Option is exercised after six (6) months, but within twelve (12) months of the First Option Expiration Date, then the purchase price of the Second Option Preferred Stock purchased on any given day will be the lesser of a) $0.50/share or b) a price per share equal to $50,000,000 divided by the fully diluted shares outstanding on such date.

  • Such Second Option will only be exercisable following exercise of the First Option and will expire 12 months after the First Option Expiration Date as specified in paragraph 6 (or upon the First Option Expiration Date if no part of the First Option is exercised) (the “Expiration Date”) and may be exercised in whole or in part at any time up to the Expiration Date.

  • The exercise of Seller's rights under this Section 4.2 shall be in writing delivered to Client within thirty days (30) following the expiration of the First Option Expiration Date.

  • The First Option shall be exercisable at any time on or prior to the First Option Expiration Date (as defined).

  • Contango shall exercise the First Option by delivering written notice of exercise (the "Option Exercise Notice") to Cheniere on or prior to the First Option Expiration Date, which notice shall specify the exercise date of such option which shall occur prior to the First Option Expiration Date.

  • The Second Option shall expire on the earlier to occur of (i) the First Option Expiration Date if Contango fails to exercise the First Option on or prior thereto or (ii) December 15, 2002, provided that if the payment specified in Section 2.4(b)(i) has not been delivered to Cheniere, the Second Option shall expire at the close of business on September 15, 2002 (such date as applicable, the "Second Option Expiration Date").

  • The First Option shall expire (the "First Option Expiration Date") upon the earlier to occur of (i) December 15, 2002 and (ii) the date that is seven (7) days after Contango's receipt of a Cheniere Additional Sale Notice.

  • The principal balance of this Note shall bear interest at a per annum rate equal to eight percent (8%) commencing on earlier to occur of: (i) the First Option Expiration Date (as defined in that certain Option Purchase Agreement, dated as of even date herewith between Lender and Maker (the "Option Purchase Agreement")) and (ii) such date on which Lender has provided written notice to Maker that Lender has irrevocably elected not to exercise the First Option.

  • Each First Option shall be exercisable by the First Option holder complying with its obligations under these terms and conditions at any time on or after 14 February 2019 (First Option Exercise Date), and prior to the date that is sixty (60) calendar months after the First Option Exercise Date (First Option Expiration Date) and after the First Option Expiration Date, the First Option will lapse.

Related to First Option Expiration Date

  • Option Expiration Date means the last day of the maximum term of an Option.

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Stated Expiration Date has the meaning specified in Section 3.05(d).

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the Dutch Note and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Offer Expiration Date has the meaning set forth in the definition of “Offer to Purchase.”

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • First Option has that meaning set out in Section 3.1 (a);

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • License expiration date means June 30 of even-numbered years.

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Fundamental Change Expiration Time shall have the meaning specified in Section 16.02(b)(ix).

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).