ABSENCE OF OPTION Sample Clauses

ABSENCE OF OPTION. The submission of this Lease for examination does not constitute a reservation of or option for the Premises, and this Lease becomes effective only upon execution and delivery thereof by Landlord.
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ABSENCE OF OPTION. The submission of this Amendment for examination does not constitute a reservation of or option for the Premises, and this Amendment shall become effective only upon execution and delivery thereof by Landlord.
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ABSENCE OF OPTION. The submission of this Lease for examination does not constitute a reservation of or option for the Office Space, and this Lease becomes effective only upon execution and delivery thereof by Lessor.
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ABSENCE OF OPTION. This Lease becomes effective only upon execution by Landlord. Both parties acknowledge that they have reviewed this Lease thoroughly and have given their voluntary consent to the provisions. Landlord and Tenant agree that, at execution, the terms are commercially reasonable and show the intent of the parties.
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ABSENCE OF OPTION. SBBC has delivered a copyof this Lease Agreement to Hispanic Unity for Hispanic Unity's review only and the delivery hereof does not constitute an offer to Hispanic Unity or an option to lease or a reservation of or option for the Leased Facilities, and this Lease Agreement shall become effective only when a copy executed by both SBBC and Hispanic Unity is delivered to and accepted by SBBC.
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ABSENCE OF OPTION. SBBC has delivered a copy of this Agreement to CITY for CITY’s review only and the delivery hereof does not constitute an offer to CITY or an option to lease or a reservation of or option for the Site, and this Agreement shall become effective only when a copy executed by both SBBC and CITY is delivered to and approved by SBBC.
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ABSENCE OF OPTION. SBBC has delivered a copy of this Lease Agreement to ELC for ELC’s review only and the delivery hereof does not constitute an offer to ELC or an option to lease or a reservation of or option for the Leased Facilities, and this Lease Agreement shall become effective only when a copy executed by both SBBC and ELC is delivered to and accepted by SBBC.
Sample 1
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ABSENCE OF OPTION. SBBC has delivered a copy of this Lease Agreement to SOFIA for SOFIA’s review only and the delivery hereof does not constitute an offer to SOFIA or an option to lease or a reservation of or option for the Leased Facilities, and this Lease Agreement shall become effective only when a copy executed by both SBBC and SOFIA is delivered to and accepted by SBBC.
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ABSENCE OF OPTION. SBBC has delivered a copy of this License Agreement to CBC, Inc. for CBC, Inc.’s review only and the delivery hereof does not constitute an offer to CBC, Inc. or an option to License or a reservation of or option for the Licensed Facilities, and this License Agreement shall become effective only when a copy executed by both SBBC and CBC, Inc. is delivered to and accepted by SBBC.
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Related to ABSENCE OF OPTION

  • Xxxxx of Option The Plan Administrator of the Company hereby grants to the Optionee named in the Notice of Grant attached as Part I of this Agreement (the "Optionee") an option (the "Option") to purchase the number of Shares, as set forth in the Notice of Grant, at the exercise price per share set forth in the Notice of Grant (the "Exercise Price"), subject to the terms and conditions of the Plan, which is incorporated herein by reference. Subject to Section 15(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Option Agreement, the terms and conditions of the Plan shall prevail. If designated in the Notice of Grant as an Incentive Stock Option ("ISO"), this Option is intended to qualify as an Incentive Stock Option under Section 422 of the Code. However, if this Option is intended to be an Incentive Stock Option, to the extent that it exceeds the $100,000 rule of Code Section 422(d) it shall be treated as a Nonstatutory Stock Option ("NSO").

  • Type of Option The Option is intended to be a Nonqualified Stock Option. It is not intended to qualify as an Incentive Stock Option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended from time to time, or any successor provision thereto.

  • Grant; Type of Option The Company hereby grants to the Participant an option (the “Option”) to purchase the total number of shares of Common Stock of the Company, at the Exercise Price set forth above. The Option is being granted pursuant to the terms of the EndoChoice Holdings, Inc. 2015 Omnibus Equity Incentive Plan (the “Plan”). The Option is intended to be a Nonqualified Stock Option and not an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code.

  • Termination of Option (a) Any unexercised portion of the Option shall automatically and without notice terminate and become null and void at the time of the earliest to occur of:

  • Duration of Option The Option shall be exercisable to the extent and in the manner provided herein for a period of ten (10) years from the Grant Date (the "Exercise Term"); provided, however, that the Option may be earlier terminated as provided in Section 6 hereof.

  • Period of Option Unless the Option is previously terminated pursuant to this Agreement, the term of the Option and this Agreement shall commence on the Date of Grant and shall terminate upon the tenth anniversary of the Date of Grant. Upon termination of the Option, all rights of the Optionee (including, without limitation, his or her guardian or legal representative) hereunder shall cease.

  • Vesting of Option The Option shall be 100% vested upon the date of grant.

  • Termination of Options To the extent vested in accordance with Section 2 above, the Options will terminate, and be of no force or effect, upon the earlier of:

  • Expiration of Option The Option may not be exercised to any extent by anyone after the first to occur of the following events:

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