Examples of Option to Purchase in a sentence
Option to purchase or option for a long-term leasehold, which must state a firm price, remain in effect for a minimum of six months from the date on which the applications are due and must be renewable for a minimum of an additional six-month term.
Participant has been granted an Option to purchase up to the number of Shares set forth in the Notice at the Exercise Price set forth in the Notice.
The Board of Directors (“Administrator”) hereby grants to the Optionee named in the Grant Summary (the "Optionee"), an option (the "Option") to purchase the number of Shares set forth in the Grant Summary, at the exercise price per Share set forth in the Grant Summary (the "Exercise Price"), and subject to the terms and conditions of the Plan, which is incorporated herein by reference.
The amounts listed below also include the funding source for each cost: $ 100.00 The Wentwood Companies (LMHA)$5,500.00 The Wentwood Companies (Partnership)$5,600.00 Projected Total Transition Costs (or $ 73.68 Per Unit) The transition of Wentwood’s partnership interest in the Partnership to LMHA is in conformity with LMHA’s goal to acquire all Mixed-Finance transactions sponsored and/or developed by LMHA where a Right of First Refusal or Option to purchase exists.
During the term of the Plan, a person who first becomes an Independent Director after the Effective Date automatically shall be granted an Option to purchase ten thousand (10,000) shares of Stock (an“Initial Option”).