Option Declination Notice definition

Option Declination Notice means a written notice by Licensee to Licensor (in the form set out in Exhibit A or such other form as Licensor may approve) during the Option Exercise Period of Licensee’s decision not to exercise the Option.
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Examples of Option Declination Notice in a sentence

  • If Licensee determines that it does not desire to exercise the Option, it will either (A) serve an Option Declination Notice to Licensor prior to the expiration of the Option Exercise Period, or (B) allow the Option Exercise Period to expire without serving an Option Exercise Notice to Licensor.

  • Pursuant to Section 2.10 (by way of 3.2(d)(i) applying mutatis mutandis) and Section 3.2(d)(ii), Licensee hereby: o reverts its rights relating to the TNF-α Target to Licensor, in which case, all Options with respect to the TNF-α Target shall lapse and expire upon Licensor’s receipt of this Option Declination Notice and all rights to the TNF-α Target and the TNF-α Development Candidates, including AST-005, will revert to Exicure.

  • It is obvious that the induced voltages obtained by two different methods agree well with each other, which proves the validity of the proposed macromodel for TL network to field coupling.Then, if only responses on Z2 and Z3 are required, and because Z1 is a linear load, the network macromodel can be simplified to the model in Figure 3.10.

  • If Sanofi does not provide an Option Election Notice to the Licensors within […***…] ([…***…]) days from the Alnylam-Ionis License Termination Date, then Sanofi will be deemed to have delivered the Licensors an Option Declination Notice.

Related to Option Declination Notice

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • CAFA Notice means the notice of this Settlement to be served upon State and Federal authorities as required by the Class Action Fairness Act of 2005, 28 U.S.C. § 1715.

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Notice Date has the meaning specified in Section 2.10.

  • Put Notice Date means the Trading Day, as set forth below, immediately following the day on which the Investor receives a Put Notice, however a Put Notice shall be deemed delivered on (a) the Trading Day it is received by facsimile or otherwise by the Investor if such notice is received prior to 9:00 am Eastern Time, or (b) the immediately succeeding Trading Day if it is received by facsimile or otherwise after 9:00 am Eastern Time on a Trading Day. No Put Notice may be deemed delivered on a day that is not a Trading Day.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • Transfer Notice Date has the meaning given to it in Section 2.06.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Extension Notice has the meaning specified in Section 308.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Notice-triggering PI means the PI identified in CCC § 1798.29(e) whose 25 unauthorized access may trigger notification requirements under CCC § 1709.29. For purposes of this 26 provision, identity shall include, but not be limited to, name, identifying number, symbol, or other 27 identifying particular assigned to the individual, such as a finger or voice print, a photograph or a 28 biometric identifier. Notice-triggering PI includes PI in electronic, paper or any other medium.

  • Second Notice has the meaning set forth in Section 5.2(b)(ii).

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;

  • Repurchase Response Notice means a notice delivered by the Indenture Trustee at the direction of the Administrator to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved.