The Option Notice definition

The Option Notice shall set forth the closing date (the "Closing Date") for the closing of the purchase of the Premises (the "Closing"), which Closing may take place subsequent to the Option Termination Date, at the option of Optionee, and may be extended as provided in this Agreement, provided, however, if Optionor is ready, willing and able to perform its obligations pursuant to the terms of this Agreement, the Closing shall occur no later than one-hundred and twenty (120) days after the delivery of the Option Notice. The Option Exercise Date may be accelerated as contemplated by Sections 10(d) and 14 of this Agreement.
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The Option Notice shall set forth a proposed closing date (the "Option Closing Date") for the closing of the purchase of the Property (the "Option Closing"), which date shall be no earlier than ten (10) business days after delivery of the Option Notice; provided that the Option Closing Date may be extended by Optionee (but not Optionor) one or more times as long as (i) the Option Closing occurs prior to the expiration of the Option Period and (ii) any such extension(s) of the Option Closing Date are made in good faith.
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The Option Notice means the notice served by the Buyers pursuant to Clause 3 hereof and in the form annexed hereto (Annex 1)
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Examples of The Option Notice in a sentence

  • The Option Notice shall specify the identity of the proposed transferee, the number of Shares to be sold or transferred to the transferee, the price per Share and the terms upon which such holder intends to make such sale or transfer.

  • The Option Notice and these Terms and Conditions constitute the “Stock Option Agreement” as defined in the Plan.

  • The Option Notice must be received by the Company before the Expiry Date.

  • The Option Notice may provide that the Optionee may make payment of the Option Price in cash, Shares or such other consideration as may be specified therein or as may be acceptable to the Committee, or any combination thereof, in an amount or having an aggregate value, as the case may be, equal to the total Option Price.

  • The Option Notice shall specify the identity of the proposed transferee, the number of Ordinary Shares to be sold or transferred to the transferee, the price per Ordinary Share and the terms upon which such holder intends to make such Transfer.

  • The Option Notice shall be accompanied by the Option Price and the amount of any withholding taxes the Company is required to pay as a result of the exercise of the Option.

  • The Option Notice, shall specify the number of Voting Shares (or an equivalent number of shares of Owned Shares of Stockholder) Parent desires to purchase from Stockholder, and the date by which the closing of Stockholder’s sale and Parent’s purchase of such number of Voting Shares shall occur, which shall be no later than five business days after delivery of the Option Notice.

  • The Option Notice shall expressly state that the sale of the option land by SD Plantation is subject to the approval of the shareholders of SD Plantation having been obtained (if shareholders’ approval shall be required for the sale of that option land under any applicable law or the rules of a stock exchange).

  • The Option Notice shall remain open and irrevocable until twenty (20) Business Days following receipt by the Company of the Option Notice (the “Option Period”).

  • The Option Notice shall specify the number of Shares in respect of which the option is exercised.


More Definitions of The Option Notice

The Option Notice means the notice signed by and served by the Seller pursuant to clause 6 in the form contained at the Third Schedule
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Related to The Option Notice

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Purchase Option Notice As defined in Section 3.18(e).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • ROFO Notice is defined in Section 6.2(a).

  • Second Notice has the meaning set forth in Section 5.2(b)(ii).

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Subscription Notice has the meaning set forth in Section 1.1.

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Extension Notice has the meaning specified in Section 308.

  • Restriction Notice has the meaning set forth in Section 8.04(f) hereof.

  • Acquisition Notice has the meaning set forth in Section 2.6(a).

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Buy-Sell Notice shall have the meaning set forth in Section 12.1(a).

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

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