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).
Sample 1Sample 2Sample 3
Subsequent Option Period shall have the meaning set forth in Section 3(a)(iii).
Sample 1Sample 2
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.
Sample 1

Examples of Subsequent Option Period in a sentence

  • 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.

  • Guatemala indicated in its brief of closing arguments that there is no evidence to show that it was State officials who deprived the victims who lost their lives in the instant Case of their liberty.

  • Notwithstanding the foregoing, the royalty relevant to gold mineral products mined or removed from the Properties (the “Gold Portion”) may be reduced depending on the market price of Gold at the time of the payment of the Gold Portion.Sirios is the operator during the Initial Option Period and the Subsequent Option Period and the Initial Expenditures and Subsequent Expenditures shall include an amount representing 10% of same in lieu of the payment of operator’s fees in cash by Golden Valley.

  • 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.

  • Thus, even if an act of recognition is not constitutive, it still arguably remains a vitally important step in the process of a state’s accession to full statehood in practice.

  • Notwithstanding the foregoing, the royalty relevant to gold mineral products mined or removed from the S&C Properties (the "Gold Portion") may be reduced depending on the market price of Gold at the time of the payment of the Gold Portion.Sirios is the operator during the Initial Option Period and the Subsequent Option Period and the Initial Expenditures and Subsequent Expenditures shall include an amount representing 10% of same in lieu of the payment of operator’s fees in cash by the Company.

  • 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.

  • 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.

  • 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.

Related to Subsequent Option Period

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Option Period means the period during which an Option may be exercised.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Election Period shall have the meaning set forth in Section 14.3(a).

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Purchase Period means a period of time specified within an Offering, generally beginning on the Offering Date or on the first Trading Day following a Purchase Date, and ending on a Purchase Date. An Offering may consist of one or more Purchase Periods.

  • First Option has that meaning set out in Section 3.1 (a);

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Waiting Period shall have the meaning set forth in Section 2.2.

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Qualified Election Period means the six Plan Year period beginning with the Plan Year in which the Participant first becomes a Qualified Participant.

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Nomination Period means a period of time that Customer includes in a nomination for gas service.

  • Subsequent Rate Period means, with respect to any Series of VMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.