Grant of Option; Consideration. (a) Optionor hereby grants to BCC an option (the "OPTION") to purchase all of Optionor's right, title and interest in and to the Equity Interests on the terms and conditions provided herein. The Purchase Price for the Equity Interests shall be paid to Optionor on the Closing Date in immediately available funds. The Option shall be exercisable by providing written notice to Optionor on or before the ninth anniversary after the date of this Agreement (the "OPTION TERM").
Appears in 7 contracts
Samples: Form of Option Agreement (Balanced Care Corp), Second Series Option Agreement (Balanced Care Corp), Option Agreement (Balanced Care Corp)
Grant of Option; Consideration. (a) Optionor hereby grants to BCC an option (the "OPTIONOption") to purchase all of Optionor's right, title and interest in and to the Equity Interests on the terms and conditions provided herein. The Purchase Price for the Equity Interests shall be paid to Optionor on the Closing Date in immediately available funds. The Option shall be exercisable by providing written notice to Optionor on or before the ninth anniversary after the date of this Agreement (the "OPTION TERMOption Term").
Appears in 2 contracts
Samples: Option Agreement (Balanced Care Corp), Option Agreement (Balanced Care Corp)
Grant of Option; Consideration. (a) Optionor Optionors hereby grants grant to BCC an option (the "OPTION") to purchase all of Optionor's Optionors' right, title and interest in and to the Equity Interests on the terms and conditions provided herein. The Purchase Price for the Equity Interests 2 shall be paid to Optionor Optionors on the Closing Date in immediately available funds. The Option shall be exercisable by providing written notice to Optionor Optionors on or before the ninth anniversary after the date of this Agreement (the "OPTION TERM").
Appears in 1 contract
