Option Period 2 means the Contract Option Period 2, if exercised by the Judicial Council, with a period of performance from July 1, 2028 until June 30, 2031.
Option Period 2 means the period beginning on the date that Amgen provides Option Data Package 2 to Novartis, and expiring upon the earliest of (i) [*] days after delivery of Option Data Package 2, (ii) the Option Exercise Date and
Option Period 2 means the period beginning on the date that Amgen provides Option Data Package 2 to Novartis, and expiring upon the earliest of (i) [*] days after delivery of Option Data Package 2, (ii) the Option Exercise Date and (iii) termination of this Agreement.
Examples of Option Period 2 in a sentence
Following Citizens’ exercise of an Option for the Option Period 2 Investment Tranche, the Option Period 3 Investment Tranche, the Option Period 4 Investment Tranche or the Option Period 5 Investment Tranche, each Party shall use its respective reasonable best efforts to satisfy the applicable conditions precedent set forth in Section 4.3(b) and shall promptly provide written notice to the other Party of the satisfaction of any such condition precedent, as applicable.
More Definitions of Option Period 2
Option Period 2 shall begin on the first day of the nineteenth (19th) month after the Effective Date and continue through the last day of the thirtieth (30th) month.
Option Period 2 has the meaning set forth in Section 2.4.
Option Period 2. Shall begin on the FIRST (Ist) day of OCTOBER, 2022, and continue for a period of THREE (3) years through the LAST day of SEPTEMBER, 2025. All of the terms and conditions of the Lease shall apply to any renewal period, except that the rental fee for each renewal option shall be set prior to the beginning of the option period, using as a basis, the average rental fee of retail space of similar size and type in the surrounding area using information provided by the Xxxxxxx County Economic Development Council and the Castle Rock Chamber of commerce. In the event of any sale or exchange of the premises by the Landlord and assignment by the Landlord of this Lease, the Landlord shall be hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, occurrence or omission relating to the premises of this Lease occurring after the consummation of such sale or exchange and assignment. Any notice which either party may, or is required that shall be made by mailing the same, postage prepaid, to Tenant at the leased premises or Landlord at the address: XXXXXXX XXXXXXXX, 0000 XXXXXXXX XXXXX XXXXXX , XXXX XXXX, XX 00000 or at such other places as may be designated by the parties from time to time.
Option Period 2 shall commence on June 1, 2017 and continue through May 31, 2019. During Option Period 2, the option shall remain exclusive to the Owner and the City agrees not to convey or otherwise encumber the Option Property during the Option Period 2 so long as the Owner pays to the City an option fee of $20,000.00 per acre (“Option Period 2 Fee”). The Option Period 2 Fee shall be payable to the City on or before June 1, 2017. If the Owner fails to pay the Option Period 2 Fee within thirty (30) days after the Option Period 2 Fee is due, then the option shall terminate and no longer be in effect. Option Period 2 shall only be effective and the Owner shall only have a right to exercise the option if there is no existing and uncured material Event of Default under this Agreement by the Owner and the Redevelopment Property has been conveyed to the Owner. Option Period 2 Fee shall be non-refundable, except in the event of any Event of Default by the City hereunder and except as provided in Section 4.4(o), but upon the occurrence of the Option Property Closing, shall be applied as a credit towards the Option Property Purchase Price.
Option Period 2 shall, unless otherwise mutually agreed by the Parties, be a period of twelve (12) months commencing upon Spark’s election to initiate Option Period #2 in accordance with Section 2.3, and is subject to extension pursuant to Section 2.4.
Option Period 2. Option Period 3", and "Option Period 4" (hereinafter referred to individually as "Option Period" and collectively as "Option Periods"). These periods shall run sequentially in numeric order with no lapse in time between the expiration of one Option Period and the beginning of the next. The separate Option Periods shall be defined as follows:
Option Period 2 means the period from (to be inserted at contract aw ard), to (to be inserted at contract award).