Documentation Establishing the Options Sample Clauses

Documentation Establishing the Options. Within seven (7) Business Days of the execution of this Agreement, NetREIT shall deliver, or cause to be delivered to LGI De a copy of the form of the Stock Option and the Call Option. LGI De shall have fourteen (14) Business Days from the date the Options are delivered to either approve the forms of the Options, or to deliver written notice to NetREIT (the "Options Objection Notice") specifying with reasonable specificity LGI De's objections to the Option (the "Options Objections"). LGI De's failure to timely deliver an Options Objection Notice shall be deemed to be LGI De's approval of the Options and other matters shown in, disclosed by or associated with the Options and any update thereof obtained by LGI De within five (5) Business Days prior to the execution of the Due Diligence Deadline. LGI De shall not be entitled to deliver an Options Objection Notice that is subject to any condition other than the form and content of the Options. NetREIT shall have a period of five (5) Business Days after its receipt of any Options Objection Notice to elect by written notice to LGI De (the "Options Objection Response Notice") to delete, amend or otherwise modify an Option in response to an Option Objection identified in the Options Objection Notice, or to advise LGI De that NetREIT is unable or unwilling to remove or cure some or all of the Option Objections. Such election by NetREIT shall be at NetREIT's sole discretion; it being understood that NetREIT has no obligation to remove or cure any Option Objection. If NetREIT fails to timely deliver to LGI De the Options Objection Response Notice, it shall be conclusively deemed that NetREIT has informed LGI De that NetREIT is unable or unwilling to remove or cure any of the Option Objections. If NetREIT advises LGI De in the Options Objection Response Notice (or is deemed to have advised LGI De), that NetREIT is unable or unwilling to remove or cure some or all of the Option Objections, then LGI De shall have until the date that is three (3) Business Days after receipt of the Option Objection Response Notice to either terminate this Agreement or to waive such Option Objection pursuant to an Approval Notice delivered to NetREIT in accordance with Section 4.3 below. Notwithstanding anything to the contrary contained in this Agreement, LGI De's delivery of an Approval Notice pursuant to Section 4.3 shall be deemed to be LGI De's election to waive all Option Objections with respect to its approval of the Options and all...
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Related to Documentation Establishing the Options

  • Closing Documentation, etc For purposes of determining compliance with the conditions set forth in §12, each Lender that has executed this Credit Agreement shall be deemed to have consented to, approved or accepted, or to be satisfied with, each document and matter either sent, or made available, by any Agent or any Co-Lead Arranger to such Lender for consent, approval, acceptance or satisfaction, or required thereunder to be consented to or approved by or acceptable or satisfactory to such Lender, unless an officer of the Administrative Agent active upon the Borrowers’ account shall have received notice from such Lender prior to the Closing Date specifying such Lender’s objection thereto and such objection shall not have been withdrawn by notice to the Administrative Agent to such effect on or prior to the Closing Date.

  • Rights and Obligations Upon Termination (a) In the event of Employer’s termination of the Term (and Executive’s employment) pursuant to Section 5.3 (which, for the avoidance of doubt, is a termination Without Cause), Employer shall pay Executive:

  • Conditions to Permitted Transfers A Transfer shall not be treated as a Permitted Transfer under Section 10.2 hereof unless and until the following conditions are satisfied:

  • Conditions to the Obligation of the Underwriter The obligation of the Underwriter to purchase the Certificates shall be subject to the accuracy in all material respects of the representations and warranties on the part of WFASC and Wells Fargo Bank contained herein as of the date of the applicable Texxx Xgreement and as of the Closing Date, to the accuracy of the statements of WFASC and Wells Fargo Bank made in any officer's certificate pursuant to the prxxxxxons hereof, to the performance in all material respects by WFASC of its obligations hereunder and to the following additional conditions:

  • Conditions to the Obligation of the Company The obligation of the Company to effect the Merger shall be subject to the satisfaction or waiver prior to the Effective Time of the following additional conditions:

  • Rights and Obligations Survive Exercise of Warrant Unless otherwise provided herein, the rights and obligations of the Company, of the holder of this Warrant and of the holder of the Shares issued upon exercise of this Warrant, shall survive the exercise of this Warrant.

  • Conditions Precedent to the Obligations of the Company to sell Shares The obligation of the Company to sell Shares at the Closing is subject to the satisfaction or waiver by the Company, at or before the Closing, of each of the following conditions:

  • Controlling Provisions In the event of any inconsistencies between the provisions of this Amendment and the provisions of any other Loan Document, the provisions of this Amendment shall govern and prevail. Except as expressly modified by this Amendment, the Loan Documents shall not be modified and shall remain in full force and effect.

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