Option Termination Agreement definition

Option Termination Agreement has the meaning set forth in Section 2.11(d).

Option Termination Agreement has the meaning set forth in Section 1.3(b)(v).

Option Termination Agreement. Section 2.6(c)(i)

Examples of Option Termination Agreement in a sentence

• On 21 March 2016, GBG USA also entered into the Option Termination Agreement (the “Option Termination Agreement”) with Heritage to terminate the Put/Call Option Agreement with immediate effect.

• In addition, prior to the Effective Time, the Company shall obtain an Option Termination Agreement from each holder of an Option which shall designate and appoint the duly elected Stockholder Representatives (or their successors) as each such holder’s duly appointed Stockholder Representative for all purposes under this Agreement.

• In connection with the termination of the Option Termination Agreement, GBG USA and BHB entered into the Services Termination Agreement on 21 March 2016 to terminate the existing services agreement dated 21 August 2013 with immediate effect.

• The targeted activities under these parameters along with the envisaged benefits were as follows: Table 3.1: Operational parameters under UDAY scheme and targeted benefits Sl.No.ParametersPurpose/envisaged benefits1.Compulsory Feeder and Distribution Transformer (DT) metering.Ability to track losses at the feeder and DT level for corrective action.2.Feeder segregation.Segregation of feeders for agricultural and non-agricultural consumers ensures better management of subsidy to agriculture consumers.

• No interest shall be paid on any amounts payable upon delivery of any Option Termination Agreement.

More Definitions of Option Termination Agreement

Option Termination Agreement means the Termination and Release Agreement in substantially the form of Exhibit 1.1(b).

Option Termination Agreement means the Option Termination Agreement ---------------------------- dated as of January 15, 1998 between OHM and H. Xxxxx Xxxxxxxx as the same may be amended, supplemented or otherwise modified from time to time.

Option Termination Agreement means an agreement with each Vested Company Option Holders in the form attached as Exhibit F, pursuant to which, among other things, the Vested Company Option Holders agrees to receive a portion of the Aggregate Merger Consideration as set forth on the Consideration Spreadsheet and to be bound by the indemnification provisions of this Agreement as an Indemnifying Party

Option Termination Agreement means an agreement among each Optionholder, Freedom Powersports and FPS Real Estate to terminate the Options granted to such Optionholder in exchange for the payments to be made pursuant to Section 2.6(a)(ii), Section 3.1, Section 3.2(b), Section 3.2(i), Section 10.4(d) and Section 10.4(e), if such Optionholder were of a holder of Class C Units and a Seller hereunder, less the aggregate exercise price of the Options held by such Optionholder, subject to applicable withholdings rights set forth in Section 2.7 hereof.

Option Termination Agreement means the agreements to be entered into by Pengrowth and the Pengrowth Optionholders in a form satisfactory to the Purchaser, acting reasonably, pursuant to which Optionholders have agreed or shall agree to surrender such Options in accordance with the provisions of Section 2.5 of the Arrangement Agreement;

Option Termination Agreement is defined in Section 1.2.

Option Termination Agreement means the Option Termination and Release Agreement attached hereto as Exhibit E (including all Annexes and Schedules thereto).