Examples of Option Period in a sentence
If ALX satisfies these obligations during the First Option Period, it will have earned an option to acquire a 20% interest in Close Lake (the "First Option").
Subject to the provisions of the Share Option Scheme and the terms and conditions of the relevant grant(s), Options may be exercised by an Eligible Participant (or in the case of his death, his designated successor or legal successor and including the personal representative(s)), in whole or in part, at any time during the Option Period.
The options granted may be exercised according to the following scale in respect of a maximum of the following: of Options grantedNumber of Shares in respect Percentage of options exercisable (%)An n u a l Note: The percentage of the Option exercisable but not exercised in a particular year can be carried forward to the Rsubsequent years within the Option Period.
Buyer’s agreement to accept the Property As Is under Paragraph 7D(1) or (2) does not preclude Buyer from inspecting the Property under Paragraph 7A, from negotiating repairs or treatments in a subsequent amendment, or from terminating this contract during the Option Period, if any.
Options may be exercised in accordance with the terms of the 2002 Scheme at any time during the Option Period after the option has been granted.