ZON OPTIMUS definition
ZON OPTIMUS means the company “ZON OPTIMUS, SGPS, S.A.”, as it exists after the definitive registration of the Merger.
Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.
Arena means an enclosed building:
Second Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.
Optionor has the meaning set forth in the preamble;
Renewal Option has the meaning set forth in §12.1.