Examples of Exercise of Option in a sentence
The City shall give written notice to Consultant of the City’s election to exercise the extension via the Notice of Exercise of Option to Extend document.
The City shall give written notice to Contractor/Service Provider of the City’s election to exercise the extension via the Notice of Exercise of Option to Extend document.
Within days of the Exercise of Option Date, Buyer shall give Seller notice of a closing date selected by Buyer that is: (a) not less than fourteen (14) nor more than forty-five (45) days from the Exercise of Option Date; and (b) during normal business hours Monday through Friday on a date that is not a federal holiday.
The date upon which the Landlord receives such notice shall be referred to as the Exercise of Option Date.
The term of this lease shall be for a period of six (6) months, beginning upon receipt of the Notice of Exercise of Option to Lease by the Lessor from the Lessee, and ending at noon on first day of the seventh month thereafter, without notice from either party to the other.