Option Assignment definition

Option Assignment shall have the meaning specified in Section 6.1.12.

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Option Assignment means the agreement dated January 10, 2012 entered into by the Purchaser and K▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ under which K▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ assigned the LOI to the Purchaser and under which the Purchaser accepted such assignment and assumed all of K▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇’▇ obligations and liabilities under the LOI;

Option Assignment has the meaning given to such term in Section 3.3(a);

Examples of Option Assignment in a sentence

• Subject to the restrictions set forth in Section 10.03(b), the Seller may, in its sole discretion, designate one (1) successor Call Option Holder upon delivery to, and acknowledgement by, the Trustee and the Master Servicer of, a Call Option Assignment Agreement.

• The Trustee shall, within two Business Days of receipt of an executed Call Option Assignment Agreement from the Seller, acknowledge and deliver to the Seller and the successor Call Option Holder, an executed and acknowledged copy of such Call Option Assignment Agreement.

• Examples of activities which generate fees include, but are not limited to; Mailgram Notices (margin call, sell-out & buy-in), Bounced Checks, Wiring of Funds, Outgoing Account Transfers, Issuance of Stock Certificates, Legal Transfers, Option Assignment, Paper Account Statements and Confirmations, Duplicate Copies of Account Statements, Confirmations and Checks.

• Trade Contractor hereby agrees to an assignment of the Trade Contract by the District to a Construction Manager pursuant to the terms and conditions set forth in the District Option Assignment Agreement (the “Assignment Agreement”) that is attached to and included in the Supplementary General Conditions.

• The Termination, the Conversion and the Ventas Purchase Option Assignment shall occur immediately upon the receipt by the Administrative Agent of the amounts described in the immediately preceding sentence and no Assignment and Assumption Agreement shall be required in connection with such assignment.

• If the Parties are unable to resolve the Dispute within [***] ( [***] ) [***] of receipt of the written notice by the other Party, such dispute will be referred to the Chief Executive Officers of each of the Parties who will meet in person at least once and use their good faith efforts to resolve the Dispute within [***] ( [***] ) [***] after such referral.

• The Ventas Purchase Option Assignment shall occur immediately upon the receipt by the Administrative Agent of the amounts described in the immediately preceding sentence and no Assignment and Assumption Agreement shall be required in connection with such assignment.

• Notwithstanding anything to the contrary herein, after the occurrence of the Ventas Purchase Option Assignment, no amendment, waiver or consent shall, unless signed by the Required ETMC Lenders in addition to the other Lenders required above, affect the rights or duties of the ETMC Lenders.

• Pursuant to Section 10.03(a) of the Pooling and Servicing Agreement, the Assignor does hereby assign to the Assignee the right to the Call Option and the Assignor hereby acknowledges that, upon execution of this Call Option Assignment Agreement, it will have no further right to assign the Call Option.

• This Call Option Assignment Agreement shall be construed in accordance with the laws of the state of New York, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws without regard to conflict of laws principles applied in New York.

More Definitions of Option Assignment

Option Assignment means the written assignment of an Option and which is in substantially the form attached hereto as Exhibit G.