Subsequent Option Period definition

Subsequent Option Period has the meaning set forth in Section 3.2(b). “Super Contributing Owner” has the meaning set forth in Section 2.1(b). “Super Contribution” has the meaning set forth in Section 2.1(b).
View Source
Subsequent Option Period shall have the meaning set forth in Section 3(a)(iii).
View Source
Subsequent Option Period shall begin on the first day of the twenty-seventh month from the date this Agreement is executed and shall end on the last day of the thirty-sixth month from the execution date of this Agreement.
View Source

Examples of Subsequent Option Period in a sentence

  • Each Non Transferring Stockholder shall have the right to purchase such number of remaining Offered Securities by giving written notice of such acceptance to the Company and the Transferring Stockholder within the Subsequent Option Period, which notice shall indicate the maximum number of shares of Offered Securities which such Non Transferring Stockholder is willing to purchase in the event fewer than all of the Non Transferring Stockholders elect to purchase their ROFR Allocations.

  • If the Purchaser and the Seller are unable to agree within a period of 14 days following the expiry of the Option Period, or the Subsequent Option Period if there is one, as to the Fair Market Value of the Shares to be purchased, such determination shall be made by the auditors of the Company (the “Auditors”) within a further 30 day period.

  • The "Subsequent Option Period" shall begin on the first day of the twenty-seventh month from the date this Agreement is executed and shall end on the last day of the thirty-sixth month from the execution date of this Agreement.

  • The closing for any purchase of shares by the Investors hereunder shall take place within thirty (30) days after the expiration of the Subsequent Option Period.

  • During the Subsequent Option Period defined below, Purchasers shall have the option (the "Call Option"), in their discretion, to purchase the Stock held by the Stockholder for the Purchase Price per share.

  • The closing for the purchase of the Offered Shares by the Non-Selling Holders hereunder shall take place within fifteen (15) business days after the expiration of the Subsequent Option Period.

  • At the expiration of the Subsequent Option Period, a certificate representing the shares of Stock, if any, not previously delivered to the Purchasers by the Escrow Agent under the terms of this Agreement shall be delivered by the Escrow Agent to the Stockholder, together with any corresponding stock power.

  • Each Investor shall have the right to accept the Proposed Transaction by giving notice of such acceptance to the Transferring Stockholder within the Subsequent Option Period, which notice shall indicate the maximum number of Offered Shares subject thereto which such Investor is willing to purchase in the event fewer than all of the Investors elect to purchase their ROFR Fractions.