Examples of Member Option Period in a sentence
If the RTI Member desires to exercise the RTI Member Option, it shall deliver to the Company a notice (the “RTI Member Option Notice”) of such intention at any time during the RTI Member Option Period.
The Member Option shall be and remain irrevocable for a period (the "Member Option Period") ending at 11:59 P.M. local time at the Company's principal office on the thirtieth (30th) Day following the date the Company Option Period expires.
The other Members may, within the Member Option Period, accept such offer as to all or any part of the Ownership Interest so offered.
The U95 set consists of five distinct microarrays (A through E), each containing probes for about 12,000 unique gene/EST transcripts.
The option to purchase or redeem provided in this Section 9.2 shall be exercised by the Company and/or the Non-transferring Members, as the case may be, by written notice to the Person who owns or controls the Option Units delivered on or before the end of the Company Option Period or Member Option Period, as applicable.
If no agreement is reached between *** and *** within the Member Option Period, *** shall give written notice ("Election Notice") on or before the third business day after the last day of the Member Option Period that *** elects either (i) to not purchase *** membership in the Company, or (ii) to purchase *** membership in the Company at a price to be determined by the process described below.
In no case shall a Lot Size Averaging subdivision plan result in a greater number of lots than would result if the Conservation Design Development Project Area were developed as a fully conforming conventional subdivision.
The County shall not terminate the Project Agreement, in whole or in part, or take any Restricted Action during the Step-In Period except as set forth in this Section.
In the event that the other Members do not elect to purchase all the subject Ownership Interests at the end of the Member Option Period, then for a period of ten (10) days after the end of the Member Option Period (the "Company Option Period") the Company shall have the right to purchase the remaining Ownership Interest.
At any time within ninety (90) days following the expiration of the Member Option Period, the Selling Member shall be entitled to consummate the sale of the Offered Interest with respect to that its Membership Interest to the Third Party Purchaser upon price, terms and conditions no more favorable to the Third Party Purchaser than those which are set forth in the Third Party Offer.