Options to Acquire Clause Samples

The "Options to Acquire" clause grants a party the right, but not the obligation, to purchase certain assets, shares, or interests under specified conditions and within a defined timeframe. Typically, this clause outlines the terms under which the option can be exercised, such as the purchase price, the period during which the option is valid, and any procedural requirements for notification. Its core practical function is to provide flexibility and strategic advantage to the option holder, allowing them to secure the opportunity to acquire valuable assets while deferring the commitment to purchase until more favorable circumstances or additional information becomes available.
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Options to Acquire. None of the Mortgaged Property is subject to any right of first refusal, right of first offer or other options to purchase.
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Options to Acquire. Except in connection with Bona Fide Sales Contracts, none of the Mortgaged Property is subject to any right of first refusal, right of first offer or other options to purchase other than those in favor of the Operating Company Entities pursuant to the Purchase/Option Agreements.
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Options to Acquire. Other than Leasehold Holder’s and Borrower’s option to purchase the Ground Lease Fee Owner’s interest in the Ground Lease Parcel under the Ground Lease, none of the Mortgaged Property is subject to any right of first refusal, right of first offer or other options to purchase.
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Options to Acquire. Upon death the surviving Partner shall acquire the outgoing Partner’s share of the partnership capital and assets (including goodwill) as set out herein. It is agreed that the parties hereto shall obtain and maintain personal insurance policies and each such insurance policy shall be cross assigned between the parties. It is further agreed that on the death of one of the Practising Partners, Goodwill will have a monetary value and the cross-assigned personal Insurance Policy shall be encashed by the remaining Partner and used to buy out the deceased Partner’s Personal Representatives. In the event that the partnership has acquired an interest in property then the cross-assigned personal insurance policy shall also be used to buy out the deceased Partner’s interest in respect of the practice premises. The Life Assurance Policies shall be kept at a value which is above or equal to the aggregate value of each Partners’ share of Goodwill and share of the Practice premises.
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Options to Acquire. Transferor has not granted to any person any option, warrant or other right to acquire the Interest, and to Transferor's knowledge, no other person or entity has granted to any person (other than Transferee) any option, warrant or other right to acquire any interest in the Partnership.
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Options to Acquire. Contributor has not granted to any person any option, warrant or other right to acquire the Interests, and to Contributor's knowledge, no other person or entity has granted to any person (other than Transferee) any option, warrant or other right to acquire any interest in either Partnership.
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Options to Acquire. HAME▇ ▇▇▇RES There are no outstanding options or other rights or agreements to purchase any of the Hame▇ ▇▇▇res, and Hame▇ ▇▇▇ not agreed to sell any of the Hame▇ ▇▇▇res;
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Related to Options to Acquire

  • Stock Appreciation Rights The Grantee or other person entitled to exercise this Option is further hereby granted the right ("Stock Appreciation Right") in lieu of exercising this Option or any portion thereof to receive an amount equal to the lesser of (a) the excess of the Fair Market Value of the stock subject to this Option or such portion thereof over the aggregate exercise price for such shares hereunder as of the date the Stock Appreciation Right is exercised, or (b) 200% of the aggregate exercise price for such shares hereunder. The amount payable upon exercise of such Stock Appreciation Right may be settled by payment in cash or in shares of the class then subject to this Option valued on the basis of their Fair Market Value on the date Stock Appreciation Right is exercised, or in a combination of cash and such shares so valued. No Stock Appreciation Right may be exercised, in whole or in part, (i) other than in connection with the contemporaneous surrender without exercise of this Option or the portion thereof that corresponds to the portion of the Stock Appreciation Right being exercised, or (ii) except to the extent that this Option or such portion thereof is exercisable on the date of exercise of the Stock Appreciation Right by the Person exercising the Stock Appreciation Right, or (iii) unless the class of stock then subject to this Option is then Publicly Traded.

  • Share Options With respect to the share options (the “Share Options”) granted pursuant to the share-based compensation plans of the Company and its subsidiaries (the “Company Share Plans”), (i) each Share Option intended to qualify as an “incentive stock option” under Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), so qualifies, (ii) each grant of a Share Option was duly authorized no later than the date on which the grant of such Share Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required shareholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Share Plans, the Exchange Act, and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange (the “Exchange”), and (iv) each such grant was properly accounted for in accordance with IFRS in the financial statements (including the related notes) of the Company. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Share Options prior to, or otherwise coordinating the grant of Share Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Options (1) Upon receipt of Instructions relating to the purchase of an option or sale of a covered call option, the Custodian shall: (a) receive and retain confirmations or other documents, if any, evidencing the purchase or writing of the option by a Fund; (b) if the transaction involves the sale of a covered call option, deposit and maintain in a segregated account the Securities (either physically or by book-entry in a Securities System) subject to the covered call option written on behalf of such Fund; and (c) pay, release and/or transfer such Securities, cash or other Assets in accordance with any notices or other communications evidencing the expiration, termination or exercise of such options which are furnished to the Custodian by the Options Clearing Corporation (the "OCC"), the securities or options exchanges on which such options were traded, or such other organization as may be responsible for handling such option transactions. (2) Upon receipt of Instructions relating to the sale of a naked option (including stock index and commodity options), the Custodian, the appropriate Fund and the broker-dealer shall enter into an agreement to comply with the rules of the OCC or of any registered national securities exchange or similar organizations(s). Pursuant to that agreement and such Fund's Instructions, the Custodian shall: (a) receive and retain confirmations or other documents, if any, evidencing the writing of the option; (b) deposit and maintain in a segregated account, Securities (either physically or by book-entry in a Securities System), cash and/or other Assets; and (c) pay, release and/or transfer such Securities, cash or other Assets in accordance with any such agreement and with any notices or other communications evidencing the expiration, termination or exercise of such option which are furnished to the Custodian by the OCC, the securities or options exchanges on which such options were traded, or such other organization as may be responsible for handling such option transactions. The appropriate Fund and the broker-dealer shall be responsible for determining the quality and quantity of assets held in any segregated account established in compliance with applicable margin maintenance requirements and the performance of other terms of any option contract.

  • Non-Qualified Stock Options The Options granted hereunder are not intended to be Incentive Stock Options or Qualified Stock Options.

  • Nonqualified Stock Options If the Shares are held for more than twelve (12) months after the date of purchase of the Shares pursuant to the exercise of an NQSO, any gain realized on disposition of the Shares will be treated as long term capital gain.