Option Grantor definition

Option Grantor has the meaning assigned to such term in the definition of Call Option Agreement.
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Option Grantor and “Option Grantors” shall each have the meaning set forth in the Recitals.
Sample 1

Examples of Option Grantor in a sentence

  • Within fifteen (15) days of One Earth Energy’s exercise of the Option, Grantor shall deliver to One Earth Energy a preliminary Land Title Association owner’s title insurance commitment, and at Closing Grantor shall cause the title insurance company to issue an owner’s policy of title insurance to One Earth Energy, in the amount of the Purchase Price, issued by a title company reasonably acceptable to One Earth Energy with respect to the Option Property.

  • Upon receipt of evidence reasonably satisfactory to the Grantor of the loss, theft, mutilation or destruction of this Option, and in case of loss, theft or destruction, upon the agreement of the Optionholder to indemnify Grantor against any claims arising in connection with such lost, stolen or destroyed Option, or in the case of mutilation, upon surrender and cancellation of this Option, Grantor shall issue a new Option of like denomination and tenor as the Option so lost, stolen, mutilated or destroyed.

  • Upon Nuevo’s election to exercise the Option, Grantor shall issue and Nuevo shall subscribe to the Grantor Stock or purchase the Grantor Assets for a total purchase price of One Hundred and 00/100 ($100.00) Dollars (the “Purchase Price”).

  • Following expiration of the Option Period without Waterton exercising the Option, Grantor shall have no further obligations or liabilities hereunder.

  • In the event One Earth Energy exercises the Option, Grantor agrees to cooperate with One Earth Energy in providing whatever notices are legally required to terminate the farm tenancy of Wxxxxxxx Enterprises with respect to the Option Property at the conclusion of the 2006 crop year.

  • If this Subscription Right is lost, stolen, mutilated or destroyed, the Unit Option Grantor may, on such terms as to indemnify the Unit Option Grantor or otherwise as it may in its discretion reasonably impose (which shall, in the case of a mutilated certificate, include the surrender thereof), issue a new certificate representing this Subscription Right of like denomination and tenor as the certificate so lost, stolen, mutilated or destroyed.

  • The written notice shall be accompanied by an organizational chart for the Third Party Buyer, a list of all affiliates (the “Third Party Affiliates”) and the name and contact information of a representative of the Third Party Buyer who Option Grantor can contact about the Replacement Transaction.

  • If Option Grantor does not consent (or is deemed not to have consented) to the Replacement Transaction for whatever reason, or if Option Grantor fails to consummate the Replacement Transaction on or before the date that is ten (10) days after the Option Exercise Date, Option Grantor shall be prohibited from selling, conveying or otherwise disposing of the Membership Interests or the Property to the Third Party Buyer or any of its Third Party Affiliates until January 1, 2009.

  • Concurrently with the execution of this Amendment, Option Grantor, Option Holder and the Companies shall execute a recordable First Amendment to Memorandum of Option in the form attached hereto as Exhibit “H” (the “Memorandum Amendment”).

  • Except as otherwise provided herein, this Agreement may be amended or modified by, and only by, a written instrument executed by Option Grantor and Option Holder.

Related to Option Grantor

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Option means a stock option granted pursuant to the Plan.

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Date of Option Grant means the effective date of grant of the Option as set forth in the Notice.

  • Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.

  • NSO means a stock option not described in sections 422 or 423 of the Code.

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • ISO means an employee incentive stock option described in Section 422(b) of the Code.

  • Crown Grant means a Crown Grant under the Land Act;

  • Award Agreement means the written or electronic agreement setting forth the terms and provisions applicable to each Award granted under the Plan. The Award Agreement is subject to the terms and conditions of the Plan.

  • SAR means a stock appreciation right granted under the Plan.

  • Grant Recipient means a nonprofit or governmental organization that receives funds to operate a center pursuant to this act.

  • Director Option means an Option granted pursuant to Section 6.

  • Optionholder means a person to whom an Option is granted pursuant to the Plan or, if applicable, such other person who holds an outstanding Option.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Optionee means the holder of an outstanding Option or Stock Purchase Right granted under the Plan.

  • NQSO means any Option that is not an ISO.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.