Examples of Option Buyer in a sentence
The Option Buyer agrees to pay the Option Premium Amount as may be required pursuant to any such Option Transactions.
Option Buyer desires to acquire and receive from Option Seller, and Option Seller desires to sell and grant to Option Buyer, the exclusive right and option for Option Buyer, or its designee or assignee (as applicable, “Buyer”), to acquire, on a future date, certain assets (the “Assets”) owned and controlled by Option Seller (“Seller”), which assets are described more fully in the attached Schedule A to this Agreement, subject to and as provided for in this Agreement.
If Buyer chooses to exercise the Option, Buyer shall send written notice to Seller stating that Buyer is exercising the Option, conditioned upon Buyer’s receipt of Option Approval, as defined below, within one hundred eighty days of the date on which Buyer received the Revocation Notice.
Upon proper exercise of the Option by the Option Buyer, the Option Seller will be obligated to sell and deliver the Product for the Delivery Period for which the Option has been exercised.
If Buyer chooses to exercise the Option, Buyer shall send written notice to Seller stating that Buyer is exercising the Option, conditioned upon Buyer’s receipt of Option Approval, as defined below, within 180 days of date on which Buyer received the Revocation Notice.
With respect to each Transaction, Seller shall sell and deliver, or cause to be delivered, and Buyer shall purchase and receive, or cause to be received, the Quantity of the Product at the Delivery Point, and Buyer shall pay Seller the Contract Price; provided, however, with respect to Options, the obligations set forth in the preceding sentence shall only arise if the Option Buyer exercises its Option in accordance with its terms.
In order to exercise the Option, Buyer must deliver to Seller (prior to the Option Expiration Date) written notice (an “Exercise Notice”) of Buyer’s intention to do so.
Premier Upgrade Package (PUP) Option (Buyer Only) Adding this package to your Home Warranty Agreement provides additional benefits on a covered claim.
For the purposes of this example Currency A is US$ and Currency B is NZ$.The Option Buyer agrees to pay a Premium to the Option Seller.
The Option Buyer shall pay the Premium to the Option Seller on the Premium Payment Date.