Period of Option. This Option may be exercised as provided herein at any time from and after the Date of Grant until 5:00 p.m., New York City time, on the date that is six months and one day after the Date of Grant or if such date is not a business day on the next succeeding business day (the "Expiration Date"). Upon the occurrence of the Expiration Date, all rights of the Company hereunder, with respect to the Option, shall cease.
Appears in 3 contracts
Samples: Investment Agreement (Fortress Investment Holdings LLC), Stock Option Agreement (Brookdale Senior Living Inc.), Stock Option Agreement (Fortress Investment Holdings LLC)
Period of Option. This Option may be exercised as provided herein at any time from and after the Date of Grant until 5:00 p.m., New York City time, on the date that is six months and one day after the Date of Grant or if such date is not a business day on the next succeeding business day (the "Expiration DateEXPIRATION DATE"). Upon the occurrence of the Expiration Date, all rights of the Company hereunder, with respect to the Option, shall cease.
Appears in 1 contract
Period of Option. This Option may be exercised or exchanged as provided herein at any time from and after the Date of Grant until 5:00 p.m., New York City time, on the date that is six months and one day ten (10) years after the Date of Grant or if such date is not a business day on the next succeeding business day (the "Expiration Date"). Upon the occurrence of the Expiration Date, all rights of the Company Optionee hereunder, with respect to the Option, shall cease.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Fortress Investment Holdings LLC)
