Option for New Agreement Sample Clauses

Option for New Agreement. If this Agreement terminates for any reason other than pursuant to Section 4.1, then the Company shall, and the City shall use commercially reasonable efforts to, deliver notice of the termination to any Company Mortgagee about which the City has been notified. Upon request by any Company Mortgagee received by the City within ninety (90) days after the Company's Mortgagee's receipt of the notice of termination, the City will enter into a new development agreement (a "New Agreement") of the Entertainment Center with the Company's Mortgagee or its designee (including without limitation, a Company Mortgagee Designee, as hereinafter defined) on the same terms as this Agreement promptly after the Company's Mortgagee or its designee satisfies the conditions set forth in Section 5(e). If more than one (1) Company Mortgagee exercises the foregoing option for a new agreement, the City shall enter into a new agreement with the Company Mortgagee, or its designee, having the highest priority among those Company Mortgagees who exercised the option.
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Option for New Agreement. (a) If the Body Corporate Secretary has complied with all of its obligations under this Agreement during the Term, the Body Corporate Secretary may request the Body (b) If the Body Corporate Secretary wants to enter into a new agreement under Clause 27(a) then the Body Corporate Secretary must give notice to the Body Corporate not earlier than three (3) calendar months prior to and not later than thirty (30) days prior to the Expiry Date. (c) Unless determined otherwise by the Body Corporate, the new agreement is to be identical with the prior agreement, except that: (i) the commencement date of the new agreement is to be the day after the expiry of the term; (ii) the term of the new agreement is to be for the same term; (iii) the expiry date of the new agreement is to be the last day of the term of the new agreement; (iv) the Administration Fee is to be determined for the period of the new contract by the Body Corporate.
Sample 1

Related to Option for New Agreement

  • Stock Option Agreement Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. Options may be granted in consideration of a reduction in the Optionee’s other compensation.

  • New Agreement 1. The parties agree to enter into collective negotiations concerning a successor agreement to become effective on or after July 1, 2019 subject to the provisions set forth in Article XLIII, Duration and Termination. 2. Such collective negotiations shall commence no later than October 1, 2018, unless an alternative date is mutually agreed upon, and shall be concluded by February 1, 2019, if possible.

  • Addendum to Agreement Students who do not complete an AA/AS degree can use the prescribed curriculum in a statewide transfer articulation agreement as a common advising guide for transfer to all public institutions that offer the designated bachelor’s degree program. Please note the following:

  • Amendment of Existing Warrant Agreement The Company and the Warrant Agent hereby amend the Existing Warrant Agreement as provided in this Section 2, effective as of the Merger Effective Time, and acknowledge and agree that the amendments to the Existing Warrant Agreement set forth in this Section 2 are necessary or desirable and that such amendments do not adversely affect the interests of the registered holders:

  • Amendment to Purchase Agreement Section 1.3 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

  • Option Agreement Each Option granted pursuant to this Section 9 shall be evidenced by a written stock option agreement, which shall be executed by the Non-employee Director and the Company.

  • Supplemental Agreement If the State finds that the work does constitute additional work, the State shall so advise the Engineer and a written supplemental agreement will be executed as provided in General Provisions, Article 6,

  • Amendment to Employment Agreement 2 of the Employment Agreement is amended and restated in its entirety to read as follows:

  • Amendment of Option This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.

  • Vendor Agreement Signature Form (Part 1)

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