Option Period definition
Option Period means the period during which an Option may be exercised.
Option Period means the period during which an option may be exercised.
Option Period means the period described in Section 7(c).
Examples of Option Period in a sentence
Base Rent during the first (1st) Option Period shall be: Months 1 – 24 $12,000.00 Months 25 – 36 $13,000.00 Months 37 – 48 $14,000.00 Base Rent during the second (2nd) Option Period shall be fair market value.
Provided there has been no default by Tenant throughout the Lease Term, Tenant shall have two (2) options to renew the Lease for an additional five (5) years (the “Option Period”) by providing Landlord one (1) month advanced written notice for the first (1st) Option Period and six (6) months’ advanced written notice for the second (2nd) Option Period.
More Definitions of Option Period
Option Period means the period from the date of this Agreement to and including the date of exercise or termination of the Option;
Option Period shall commence on the Date of Grant and shall expire on the date immediately preceding the tenth (10th) anniversary of the Date of Grant, unless terminated earlier in accordance with Section 4 below. The Stock Option is a
Option Period means the period during which a Stock Option may be exercised from time to time, as established by the Board and set forth in the Award Agreement for each Participant who is granted a Stock Option.
Option Period means the period during which an Option shall be exercisable in accordance with the related Agreement and Article VI.
Option Period means the period during which Options may be exercised as set forth in Section 10 hereof.
Option Period shall have the meaning provided in Section 4.3.
Option Period means the period during which an Option is outstanding.