Termination Option definition

Termination Option has the meaning ascribed thereto in Section 8.
Termination Option. BCGI has a right to terminate a portion of their premises on the third anniversary of the Lease. Use: General office. Special Rights: None. Tenant: Diagnostic Laboratory Medicine Building: Building F14 Xxxxxx DriveBedford, Massachusetts Premises: 14,632 RSF on the first floor Lease Expiration: April 30, 2015 Renewal Option: None. Expansion Option: None. Permitted Uses: General office purposes and diagnostic medical laboratory for the testing of human blood, urine and other bodily fluids. Restriction(s): In no event shall the premises (or any portion thereof) be used for developing or manufacturing home or office diabetes monitoring devises. Special Rights: None. Tenant: Affymetrix, Inc. Building: Building G4 Xxxxxx DriveBedford, Massachusetts Premises: 80,000 RSF* on two (2) floors * RSF will be reduced marginally to create a common corridor to access the cafe and fitness area proposed in Building A. Lease Expiration: July 31, 2013 Renewal Option: One (1) three (3) year option. (This right will be void if Tenant subleases more than fifty percent (50%) of their premises which is currently being contemplated.) Expansion Option: None. Permitted Uses: General office, light manufacturing, warehouse and research and development purposes, together with all uses ancillary thereto. Special Rights: None.

Examples of Termination Option in a sentence

  • The Depositary may initiate termination of this Deposit Agreement if (i) at any time 60 days shall have expired after the Depositary delivered to the Company a written resignation notice and a successor depositary has not been appointed and accepted its appointment as provided in Section 5.4 or (ii) a Termination Option Event has occurred or will occur.

  • Termination Option: We request a minimum of $300 for the termination option period.

  • The Depositary may initiate termination of the Deposit Agreement if (i) at any time 60 days shall have expired after the Depositary delivered to the Company a written resignation notice and a successor depositary has not been appointed and accepted its appointment as provided in Section 5.4 of that Agreement or (ii) a Termination Option Event has occurred.


More Definitions of Termination Option

Termination Option shall have the meaning assigned thereto in subsection 4.5(b).
Termination Option has the meaning ascribed thereto in Section 5(B).
Termination Option. IDT may Close-Out any Credit-Enabled Transaction or Direct Transaction by paying to, or receiving from, BP an amount equal to the UMA Final Settlement Amount, calculated under the Master Netting Agreement for the Direct Transactions and Credit-Enabled Transactions being Closed-Out.
Termination Option means an option by a party to terminate this Contract, to be exercised by written notice to the other party on the conditions set forth with respect to the specific Termination Option, pursuant to which this Contract shall terminate and neither party shall have any obligations of any nature to the other hereunder or by reason hereof, except that the provisions of 2.2, 9, 10, 13, 17 and 21 shall survive that termination and Escrowee shall return the Deposit to Buyer (less the sum of $100 which shall be delivered by Escrowee to Seller as consideration to Seller for entering into this Contract and the Termination Options provided herein) except for an exercise of the Termination Option provided in 21.2 by Seller, in which case the Deposit shall be paid over as provided in 21.2. Time shall be of the essence in the exercise or deemed exercise of any Termination Option granted in 2.1 or 2.4.
Termination Option means the option granted to Tenant to terminate the Lease early as set forth in Article 25 of the Original Lease and as amended by Section 9.3
Termination Option means the Authority's option to purchase the Supplier Assets;
Termination Option has the meaning assigned to it in the Headquarters Lease.