Examples of Option Price in a sentence
At Expiration (the end of the Initial Term or any Renewal Term, in either case without further renewal, if permitted), the amount in Column 1 (Early Termination Fee) shall be deemed to be zero (0) and the amount in Column 2 (Minimum Option Price) shall be the amount applicable for the year then ending.
Once the Fair Market Value has been established, Provider shall promptly notify Host of the resulting Option Price.
Upon execution of the documents and payment of the Option Price and Host’s receipt of title to the System, in each case as described in the preceding sentence, this Agreement shall terminate automatically subject to Section 19.6. In the event Host retracts its exercise of, or does not timely confirm the Purchase Option, the provisions of this Agreement shall remain applicable to the next Purchase Date (if any).