Second Option definition
Second Option has the meaning set out in sub-paragraph 4.01(b) hereof;
Second Option has the meaning set forth in Section 4.1(c) of this Agreement.
Second Option means the rights and obligations contemplated in Section 9.6 hereof.
Examples of Second Option in a sentence
Second Option Closing shall take place on the date specified in the relevant Exercise Notice or such later date as the Parties may agree in writing, subject to that date falling within the First Option Exercise Period in respect of First Option Closing and the Second Option Exercise Period in respect of the Second Option Closing.
More Definitions of Second Option
Second Option has that meaning set out in Section 3.1(b);
Second Option. Replace the least senior employee in the same classification and employment status and hours per year, provided the employee has the abilities and qualifications to perform the duties of the job position. (Same class & hours per day as held prior to reduction).
Second Option has the meaning given to it in clause 3.2(b).
Second Option has the meaning given to it in Section 6.1.
Second Option means the option described in the Option Letter under the heading “Debt Option” to have the Existing Notes amended as described therein;
Second Option shall have the meaning set forth in Section 2(b) hereof.
Second Option. Life Income The Company will make equal monthly payments. Payments will start on the Option Date and will continue: . During the life of the Payee, with no further payment after the death of the Payee, called "Life Income, No Refund"; or . During the life of the Payee, but for at least 10 years, called "Life Income, 10 Years Certain"; or . During the life of the Payee, but for at least 20 years, called "Life Income, 20 Years Certain".