Option Parties definition

Option Parties means one or more affiliates of the Borrower that enters into an Option Agreement with the Seller or to which all or part of the Option is assigned pursuant to the terms of any such Option Agreement.
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Option Parties shall have the meaning set forth in the introductory clauses hereof.
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Option Parties shall have the meaning set forth in Section 7.7.1.
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Examples of Option Parties in a sentence

  • Upon exercising the Option, Parties concerned shall promptly enter negotiations in good faith to reach agreement on fair and reasonable conditions within six (6) months of the written exercise of the Option.

  • The Restricted Party, on the one hand, and the Option Parties who announced their intent to exercise the Purchase Option, on the other hand, shall each bear half of the costs of the Expert.

  • The Customer agrees to be bound by such terms and conditions (as amended by Volvo from time to time according to the process set out in such special terms and conditions) when subscribing for the Services concerned and such terms and conditions shall form an integrated part of this Agreement.

  • The holder(s) of the reservation(s) with the next-higher priority will be required to enforce or relinquish its (their) reservation(s) until such time as all Option Parties have either enforced or relinquished its (their) space reservation(s).

  • Option: Parties may wish to include a period of time in section 7.1.3 for Force Majeure.

  • An official reclamation plan (1442ha) was disclosed the following year.

  • The Option Parties shall exercise the Purchase Option no later than ………..

  • It is understood that, except as provided in Section 9, the Company shall have no obligation under this Agreement to pay any of the Buyers’ costs and expenses, including fees and disbursements of their counsel, or any issue, transfer or other stamp taxes payable on resale of any of the Securities by the Buyers; provided, that the Company shall be required to pay certain expenses and fees to the Put Option Parties and their counsel pursuant to the Expense Agreement and the Purchaser Letter.

  • The Seller and the Company further agree to promptly enter into additional Registration Rights Agreements, in substantially the same form as this Agreement, in connection with any separate Option Financing obtained by the Option Parties (in the event that the Option Parties exercise the Option on more than one occasion in accordance with the terms of the Option Agreements).

  • The Purchase Option Parties shall have the exclusive right, but not the obligation, to exercise this option at any time during the first five (5) years of the Term.


More Definitions of Option Parties

Option Parties means any Shareholder party to, or obligors, beneficiaries or holders under, one or more of the Option Plans, except for members of the Management Board or Supervisory Board.
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Related to Option Parties

  • Transaction Parties As defined in Section 5.3(o).

  • Certification Parties As defined in Section 11.09.

  • Construction Parties means all of the Parties to a Construction Service Agreement.

  • Attribution Parties means, collectively, the following Persons and entities: (i) any investment vehicle, including, any funds, feeder funds or managed accounts, currently, or from time to time after the Issuance Date, directly or indirectly managed or advised by the Holder’s investment manager or any of its Affiliates or principals, (ii) any direct or indirect Affiliates of the Holder or any of the foregoing, (iii) any Person acting or who could be deemed to be acting as a Group together with the Holder or any of the foregoing and (iv) any other Persons whose beneficial ownership of the Company’s Common Stock would or could be aggregated with the Holder’s and the other Attribution Parties for purposes of Section 13(d) of the 1934 Act. For clarity, the purpose of the foregoing is to subject collectively the Holder and all other Attribution Parties to the Maximum Percentage.

  • Non-Party Affiliates has the meaning set forth in Section 10.15.

  • Non-Party means any Person other than a Party to this Agreement.

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Certification Party As defined in Section 11.05.

  • Notice Parties means those Persons who are required to receive notice of filings made with the CPUC pursuant to A. 00-00-000.

  • Covered Parties has the meaning set forth in Section 6.7(a).

  • Investor Parties has the meaning set forth in the Preamble.

  • Contractor Parties means a Contractor’s members, directors, officers, shareholders, partners, managers, principal officers, representatives, agents, servants, consultants, employees or any one of them or any other person or entity with whom the Contractor is in privity of oral or written contract (e.g. subcontractor) and the Contractor intends for such other person or entity to perform under the Contract in any capacity. For the purpose of this Contract, vendors of support services, not otherwise known as human service providers or educators, shall not be considered subcontractors, e.g. lawn care, unless such activity is considered part of a training, vocational or educational program.

  • Warrantors means the Founders, the Founder Holdcos and the Group Companies.

  • Non-Participating Provider means a Plan Hospital or Professional Pro­ vider which does not have a written agreement with Blue Cross and Blue Shield of Illinois or another Blue Cross and/or Blue Shield Plan to provide services to participants in a Participating Provider Option program or a fa­ cility which has not been designated by Blue Cross and Blue Shield of Illinois as a Participating Provider.

  • Representatives means, with respect to any Person, the officers, directors, employees, accountants, consultants, agents, legal counsel, financial advisors and other representatives of such Person.

  • Concert Parties means such Persons as are deemed to be Acting in Concert with AbbVie pursuant to Rule 3.3 of Part A of the Takeover Rules.

  • Party/Parties means Buyer and Seller individually/collectively.

  • Selling Parties shall have the meaning specified in the preamble.

  • Mediation party means a person that participates in a mediation and whose agreement is necessary to resolve the dispute.

  • Construction Party means a party to a Construction Service Agreement. “Construction Parties” shall mean all of the Parties to a Construction Service Agreement.

  • Founders means all Members immediately prior to the consummation of the IPO.

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • COAH means the Council on Affordable Housing, which is in, but not of, the Department of Community Affairs of the State of New Jersey, that was established under the New Jersey Fair Housing Act (N.J.S.A. 52:27D-301 et seq.).

  • Non-Participating Manufacturer means any Tobacco Product Manufacturer that is not a Participating Manufacturer.