Consideration for Option. In consideration for the Option granted herein, Optionee has, among other things, simultaneous with the execution hereof, paid to Optionor the sum of One Thousand Dollars ($1,000.00) (the "Option Payment"), receipt of which is hereby acknowledged by Optionor.
Appears in 2 contracts
Samples: Option Agreement (Eldertrust), Option Agreement (Eldertrust)
Consideration for Option. In consideration for the Option granted herein, Optionee has, among other things, simultaneous with the execution hereof, paid to Optionor the sum of One Thousand Dollars and no/100 ($1,000.00) (the "βOption Payment"β), receipt of which is hereby acknowledged by Optionor.
Appears in 2 contracts
Samples: Option to Purchase Agreement, Option to Purchase Agreement (Concord Efs Inc)