Additional Satellite(s) Option Sample Clauses

Additional Satellite(s) Option as may adjusted in accordance with the terms of this Contract or the MPA.
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Additional Satellite(s) Option. 28.1. Additional Satellites. --------------------- Purchaser may, at its option to be exercised in writing at any time and as specified below, order Contractor to produce and deliver up to three (3) additional Satellites substantially identical to the Satellites being furnished pursuant to Article 3 hereof. The three optional Satellites may be ordered [*****] after the Execution Date. If ordered separately, each shall be delivered to the Launch Site [*****] after Purchaser's exercise of this option. However, in no event shall the first optional Satellite be deliverable [*****] after the Delivery of the last Satellite to be furnished pursuant to Article 3. Further, in no event shall Contractor be required to deliver [*****] after Delivery of the preceding optional Satellite.
Sample 1
Additional Satellite(s) Option. 10.1.1 Additional Satellite(s). Boeing hereby grants to Customer an option to purchase up to four additional satellite(s) (less the number of additional satellites purchased by the Other Customer), each substantially similar to the Satellite (each an “Additional Satellite”) in accordance with Article 4 of the Master Procurement Agreement. The price for any such Additional Satellite shall be determined in accordance with Exhibit B (Option Exercise Dates and Pricing) of the Master Procurement Agreement, which includes LOPS/MOPS on a dual manifest Falcon 9, training, Deliverable Data, other Deliverable Services, and one set each of DSS Software and SCIP Software. The price for an Additional Satellite without the aforementioned items is (***) (U.S.$ (***)) for S-5 and S-6 (***) (U.S.$ (***)) for S-7 and S-8 (of which (***) of the price for the Additional Satellite shall constitute the maximum amount of total Orbital Performance Incentives; and, of which (***) of the price of the Additional Satellite shall constitute the maximum amount of Liquidated Damages and Delay Charges) with respect to such Additional Satellite. The allocation of optional satellites between Customer and the Other Customer shall be determined as set forth in the Master Procurement Agreement. The CATP Date for each Additional Satellite must be in accordance with Article 4 of the Master Procurement Agreement
Sample 1
Additional Satellite(s) Option. 10.1.1 Additional Satellite(s). Boeing hereby grants to Customer an option to purchase up to four additional satellite(s) (less the number of additional satellites purchased by the Other Customer), each substantially similar to the Satellite (each an “Additional Satellite”) in accordance with Article 4 of the Master Procurement Agreement. The price for any such Additional Satellite shall be determined in accordance with Exhibit B (Option Exercise Dates and Pricing) of the Master Procurement Agreement, which includes [*****] for S-5 and S-6 and [*****] for S-7 and S-8 (of which [*****]of the price for the Additional Satellite shall constitute the maximum amount of total Orbital Performance Incentives; and, of which [*****] of the price of the Additional Satellite shall constitute the maximum amount of Liquidated Damages and Delay Charges) with respect to such Additional Satellite. The allocation of optional satellites between Customer and the Other Customer shall be determined as set forth in the Master Procurement Agreement. The CATP Date for each Additional Satellite must be in accordance with Article 4 of the Master Procurement Agreement
Sample 1

Related to Additional Satellite(s) Option

  • Term-Out Option The Borrower may, upon notice to the Agent not later than the Termination Date, elect to convert all of the Loans outstanding on the Termination Date in effect at such time into “term loans” in which case the outstanding Loans shall not be due on the Termination Date and shall instead be due and payable on the first anniversary of the Termination Date, with the effect that, notwithstanding anything to the contrary in this Agreement or in any other Loan Document, all references in this Agreement and each other Loan Document to the Termination Date (other than as set forth in this Section 2.17) shall thereafter be deemed to refer to the date that is the first anniversary of the Termination Date; provided that (a) the Borrower shall have delivered an officer’s certificate dated as of the Termination Date certifying (x) that representations and warranties contained in Article IV are true and correct in all material respects on and as of such date (except where any such representation or warranty is otherwise qualified by materiality, in which case such representation or warranty shall be true and correct in all respects and except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date), (b) no Default shall have occurred and be continuing and (c) the Borrower shall have paid to the Agent for the account of the Banks a fee in the amount equal to (x) 0.50% multiplied by (y) the aggregate outstanding principal amount of all Loans so converted. All Loans converted into “term loans” pursuant to this Section 2.17 shall continue to constitute Loans under this Agreement and the other Loan Documents (i) except that the Borrower may not reborrow such Loans pursuant to Section 2.01 after all or any portion of such Loans shall have been prepaid pursuant to Section 2.10 and no new Loans may be borrowed on or after the Termination Date and (ii) the Borrower may prepay such Loans in whole or in part at any time without premium or penalty in accordance with Section 2.10.

  • Additional Options In the event that the Company grants additional options to purchase shares of Class A Common Stock to the Grantee, unless agreed to the contrary between the Parties, the additional options will be subject to the terms of this Agreement.

  • Effective Date of Exercise This Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided above. The person entitled to receive the Shares issuable upon exercise of this Warrant shall be treated for all purposes as the holder of record of such shares as of the close of business on the date the Holder is deemed to have exercised this Warrant.

  • Second Option If Tenant exercises the First Option, Landlord grants Tenant an additional option (the "Second Option") to extend the term of the Lease for one (1) additional term of five (5) years (the "Second Option Term"). The Second Option applies only to the Premises and is on the following conditions:

  • Initial Option Grant As of the end of the day of the date this Agreement is signed by the Company and Employee, the Company shall grant Employee an option to purchase the number of shares described in Exhibit A of common stock of the Company under the Company's 1992 Stock Option Plan, as amended, having an exercise price per share equal to the fair market value (as defined in the Stock Option Plan) of a share of common stock of the Company. Except as otherwise provided in the Stock Option Plan, the option shall become exercisable as described in Exhibit A.

  • Partial Exercise; Effective Date of Exercise In case of any partial exercise of this Warrant, the Company shall cancel this Warrant upon surrender hereof and shall execute and deliver a new Warrant of like tenor and date for the balance of the shares of Common Stock purchasable hereunder. This Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided above. The person entitled to receive the shares of Common Stock issuable upon exercise of this Warrant shall be treated for all purposes as the holder of record of such shares as of the close of business on the date the Company receives the Notice of Exercise, subject to receipt of the Exercise Amount.

  • Period of Exercisability Section 3.1 - Commencement of Exercisability ----------- ------------------------------

  • Call Option The Company shall have the option to "call" the Warrants (the "Warrant Call"), in accordance with and governed by the following:

  • Exercisability Schedule No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

  • Period of Exercise This Warrant is exercisable at any time or from time to time on or after the date on which this Warrant is issued and delivered pursuant to the terms of the Securities Purchase Agreement and before 6:00 p.m., New York, New York time on the fifth (5th) anniversary of the date of issuance (the "Exercise Period").

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