Sales Option Sample Clauses

Sales Option. 1. As part of this Agreement, the Friends may operate a sales area on a continuous or intermittent basis. 2. The Friends is hereby authorized to sell and/or distribute interpretive and educational items such as publications, maps, audiovisual aids, crafts, and other objects directly related to the interpretive and educational themes of the project, region and Corps. The Corps may request the Friends to sell specific items of interpretive value. 3. The Friends shall order, receive, inventory, stock, and otherwise manage all items offered for sale and/or distribution. 4. The Friends will sell only items that are appropriate and of high quality. The Friends will not sell any item that has not been approved by the District Commander or his authorized representative. The Friends will sell items at their fair market value and prices of said items will be submitted and approved in writing, in advance by the District Commander or his authorized representative. 5. The Friends will not sell any original artifacts, sacred items, or antiquities to which the Archaeological Resource Protection Act, as amended, would apply, whether or not such items were discovered on lands owned or controlled by the United States. 6. The Friends will display the sales items in good taste and in keeping with the general design and decor of the facility which houses the sales area. 7. Friends sales are restricted to a location approved by the Corps, which will be always kept clean and presentable.
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Sales Option. 1. As part of this Agreement, the Bureau shall operate, on Corps property, a sales area on a continuous, or an intermittent basis, based on the guidelines addressed in Appendix 2, All such sales may be exclusive or in conjunction with another Corps approved cooperative association as determined by the Corps. 2. The Bureau is hereby authorized to sell and distribute interpretive and educational items such as publications, maps, audiovisual aids, crafts, and other objects directly related to the interpretive and educational themes of the project, multipurpose center, region and Corps. The Corps has the right to review publications for editorial and design quality purposes. The Corps may request the Bureau sell specific items of interpretive value. Sale items shall meet the following minimum requirements: a. The primary function of the item is interpretive, educational, or promotes the Corps of Engineers and/or “Raystown Country”. b. Items directly relate to the interpretive or educational themes of the Corps of Engineers or “Raystown Country”. c. The item does not violate the Antiquities Act of 1906, (P.L. 59-209), and the Archaeological Resources Act of 1971, as amended. d. Reproduction items are permanently marked to be distinguishable from artifacts. e. The items maintain a high standard of quality. f. The items are not illegal or considered hazardous. g. The items do not violate the Endangered Species Act of 1973, (P.L. 93-205, as amended). h. The items are sold at fair market value. 3. The Bureau shall order, receive, inventory, stock and otherwise manage all items offered for sale and distribution. The Corps assumes no financial obligation in the acquisition of any retail article. 4. The Bureau will sell only items that are appropriate and of high quality. The Bureau will not sell any item that has not been approved in writing in accordance with Article I.A. by the District Commander or his authorized representative. Signed approval forms (Appendix 3) shall be on file in the visitor’s center and maintained by the District Commander’s authorized representative for all merchandise displayed for sale. The Bureau will sell items at their fair-market value and prices of said items will be submitted and approved in writing, in advance by the District Commander or his authorized representative. 5. The Bureau will display the sales items in good taste and in keeping with the general design and decor of the facility which houses the sales area. 6. Bureau sales ...
Sales Option. 1. As part of this Agreement, DYNW may operate a sales area on a continuous or intermittent basis. 2. DYNW is hereby authorized to sell and/or distribute interpretive and educational items such as publications, maps, audiovisual aids, crafts, and other objects related to the interpretive and educational themes of the Projects, the Northwest region, and the Corps. The Corps may request DYNW to sell specific items of interpretive value. 3. DYNW shall order, receive, inventory, stock, and otherwise manage all items offered for sale and/or distribution. 4. DYNW will sell only items that are appropriate and of high quality. DYNW will not sell any item that has not been approved by the Corps’ authorized representative. DYNW will sell items at their fair market value, and prices of said items will be submitted and approved in writing in advance by the Corps’ authorized representative. 5. DYNW will not sell any original artifacts, sacred items, or antiquities to which the Archeological Resources Protection Act, as amended, would apply, whether or not such items were discovered on lands owned or controlled by the United States. 6. DYNW will display the sales items in good taste and in keeping with the general design and decor of the facility that houses the sales area. 7. DYNW sales are restricted to a location approved by the Corps, which will be kept clean and presentable at all times.
Sales Option. 1. As part of this Agreement, the CFAIA may operate a sales area on a continuous or intermittent basis at locations approved by the Operations Project Manager. 2. The CFAIA is hereby authorized to sell and/or distribute interpretive and educational items such as publications, maps, audiovisual aids, crafts, and other objects directly related to the interpretive and educational themes of the project, visitor center, region, and Corps. The Corps may request the CFAIA to sell specific items of interpretive value. 3. The CFAIA shall order, receive, inventory, stock, and otherwise manage all items offered for sale and/or distribution. 4. The CFAIA will sell only items that are appropriate and of high quality. The CFAIA will not sell any item that has not been approved by the Operations Project Manager. The CFAIA will sell items at their fair market value and prices of said items will be submitted and approved in writing, in advance by the Operations Project Manager. 5. The CFAIA will not sell any original artifacts, sacred items, or antiquities to which the Archaeological Resource Protection Act, as amended, would apply, whether or not such items were discovered on lands owned or controlled by the United States. 6. The CFAIA will display the sales items in good taste and in keeping with the general design and decor of the facility which houses the sales area. 7. CFAIA sales are restricted to a location approved by the Corps, which will be kept clean and presentable at all times.
Sales Option. 1) As part of this Agreement, the Association may operate a sales area on a continuous or intermittent basis at each, any, or all of the Projects’ Visitor Centers, as identified on page one of the Agreement. 2) The Association is hereby authorized to sell and/or distribute interpretive and educational items such as publications, maps, audiovisual aids, crafts, and other objects directly related to the interpretive and educational themes of the respective project visitor center, region, and Corps. The Corps may request the Association to sell specific items of interpretive value. 3) The Association shall order, receive, inventory, stock, and otherwise manage all items offered for sale and/or distribution. 4) The Association will sell only items that are appropriate and of high quality. The Association will not sell any item that has not been approved by the District Commander or an authorized representative. The Association will sell items at their fair market value and prices of said items will be submitted and approved in writing, in advance by the District Commander or an authorized representative. 5) The Association will not sell any original artifacts, sacred items, or antiquities to which the Archaeological Resource Protection Act, as amended, would apply, whether or not such items were discovered on lands owned or controlled by the United States. 6) The Association will display the sales items in good taste and in keeping with the general design and decor of the facility which houses the sales area. 7) Association sales are restricted to a location approved by the Corps, which must be kept clean and presentable at all times.
Sales Option. (1) As part of this Agreement, the Conservancy may operate a sales area on a continuous or intermittent basis. (2) The Conservancy is hereby authorized to sell and/or distribute interpretive and educational items such as publications, maps, audio/visual aids, crafts, theme related gifts, and other objects directly related to the interpretive and educational themes of the area, visitor center (or other facility), region, and Corps. The Corps may request the Conservancy to sell specific items of interpretive value. (3) The Conservancy shall order, receive, inventory, stock, and otherwise manage all items offered for sale and/or distribution. (4) The Conservancy will sell only items that are appropriate and of high quality. The Conservancy will not sell any item that has not been approved by the Corps District Commander or his/her authorized representative. The Conservancy will sell items at their fair market value and prices of said items will be submitted and approved in writing, in advance by the District Commander or his/her authorized representative. (5) The Conservancy will not sell any original artifacts, sacred items, or antiquities to which the Archaeological Resource Protection Act, as amended, would apply, whether or not such items were discovered on lands owned or controlled by the United States. (6) The Conservancy will display the sales items in good taste and in keeping with the general design and decor of the facility, which houses the sales area. (7) The Conservancy sales are restricted to a location approved by the Corps, which will be kept clean and presentable at all times. (8) The Conservancy may redesign and renovate sales facilities as necessary and at its own expense, including renovation of display structures, furnishing, equipment, signing, display lighting, and lighting in the immediate area of the facility, provided that all plans are approved in advance by the Corps. Equipment, displays, and furnishings provided by the Conservancy for bookstore operations shall remain the property of the Conservancy unless donated to the Corps.
Sales Option. 1. As part of this Agreement, the Association may operate a sales area on a continuous or intermittent basis. 2. The Association is hereby authorized to sell and/or distribute interpretive and educational items such as publications, maps, audiovisual aids, crafts, and other objects directly related to the interpretive and educational themes of the project, visitor center, region, and Corps. The Corps may request that the Association sell specific items of interpretive value. 3. The Association shall order, receive, inventory, stock, and otherwise manage all items offered for sale and/or distribution. 4. The Association will sell only items that are appropriate and of high quality. The Association will not sell any item that has not been approved by the District Commander or his authorized representative. The Association will sell items at their fair market value and prices of said items will be submitted and approved in writing, in advance, by the District Commander or his authorized representative. 5. The Association will not sell any original artifacts, sacred items, or antiquities to which the Archaeological Resource Protection Act, as amended, would apply, whether or not such items were discovered on lands owned or controlled by the United States. 6. The Association will display the sales items in good taste and in keeping with the general design and decor of the facility which houses the sales area. 7. Association sales are restricted to a location approved by the Corps, which will be kept clean and presentable at all times.
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Related to Sales Option

  • Option Right Landlord hereby grants to the originally named Tenant herein (“Original Tenant”), and its “Permitted Assignees”, as that term is defined in Section 14.8, below, one (1) option to extend the Lease Term for a period of five (5) years (the “Option Term”), which option shall be irrevocably exercised only by written notice delivered by Tenant to Landlord not more than twelve (12) months nor less than nine (9) months prior to the expiration of the initial Lease Term, provided that the following conditions (the “Option Conditions”) are satisfied: (i) as of the date of delivery of such notice, Tenant is not in default under this Lease, after the expiration of any applicable notice and cure period; (ii) Tenant has not previously been in default under this Lease, after the expiration of any applicable notice and cure period, more than twice in the twelve (12) month period prior to the date of Tenant’s attempted exercise; and (iii) the Lease then remains in full force and effect. Landlord may, at Landlord’s option, exercised in Landlord’s sole and absolute discretion, waive any of the Option Conditions in which case the option, if otherwise properly exercised by Tenant, shall remain in full force and effect. Upon the proper exercise of such option to extend, and provided that Tenant satisfies all of the Option Conditions (except those, if any, which are waived by Landlord), the Lease Term, as it applies to the Premises, shall be extended for a period of five (5) years. The rights contained in this Section 2.2 shall be personal to Original Tenant and any Permitted Assignees, and may be exercised by Original Tenant or such Permitted Assignees (and not by any other assignee, sublessee or other “Transferee,” as that term is defined in Section 14.1 of this Lease, of Tenant’s interest in this Lease).

  • Call Option The Company shall have the option to "call" the Warrants (the "Warrant Call"), in accordance with and governed by the following: (a) The Company shall exercise the Warrant Call by giving to each Warrant Holder a written notice of call (the "Call Notice") during the period in which the Warrant Call may be exercised. (b) The Company's right to exercise the Warrant Call shall commence with the actual effective date of the registration statement described in Section 10.1(iv) of the Subscription Agreement and thereafter, shall be coterminous with the exercise period of the Warrants for a maximum of 50% of the Common Stock issuable upon the exercise of this Warrant (the "Warrant Shares"), provided, that the registration statement is effective at the date the Call Notice is given and through the period ending 14 business days thereafter. In no event may the Company exercise the Warrant Call at any time unless the Warrant Shares to be delivered upon exercise of the Warrant, will be upon delivery, immediately resalable, without restrictive legend and upon such resale freely transferable on the transfer books of the Company. (c) Unless otherwise agreed to by the Warrant Holder, the Call Notices must be given to all Warrant Holders who receive Warrants similar to this Warrant (in terms of exercise price and otherwise) on or about the same issue date as this Warrant in proportion to the amounts of Common Stock which can be purchased by the respective Warrant Holders in accordance with the respective Warrant held by each. (d) The Company may give a Call Notice in connection with up to 50% of the Common Stock issuable upon exercise of this Warrant provided the closing bid price of the Common Stock as reported by the Principal Market as defined in the Subscription Agreement, for each trading day during the thirty days prior to the giving of the Call Notice ("Lookback Period") is 200% of the Purchase Price and the average daily trading volume of the Common Stock during the Lookback Period is not less than 100,000 Common Shares. Subject to the other limitations set forth herein, the maximum amount of Warrant Shares for which Call Notices may be given during any thirty day period shall be equal to 10% of the aggregate reported trading volume of the Common Stock during the Lookback Period. (e) The respective Warrant Holders shall exercise their Warrant rights and purchase the appropriate Warrant Shares and pay for same within 14 business days of the date of the Call Notice. If the Warrant Holder fails to timely pay the funds required by the Warrant Call, the Company may elect to cancel a corresponding amount of this Warrant. (f) The Company may not exercise the right to Call this Warrant or any part of it after the occurrence of a Non-Registration Event, as defined in the Subscription Agreement, unless same were subject to cure and cured during the stated cure period.

  • Option Period Pursuant to the Contract, the following are the Adjustment Factors for the term ending October 20, 2023: Date Index 1 August 2019 11311.06 3 October 2019 11326.12 6 January 2020 11392.41 7 February 2020 11396.01 8 March 2020 11396.97 9 April 2020 11412.67 10 May 2020 11418.16 11 June 2020 11436.23 12 July 2020 11439.11 Date Index 1 August 2021 12463.13 2 September 2021 12464.55 3 October 2021 12464.94 4 November 2021 12467.32 5 December 2021 12481.82 6 January 2022 12555.55 7 February 2022 12683.97 8 March 2022 12791.43 9 April 2022 12898.96 10 May 2022 13004.47 11 June 2022 13110.50 12 July 2022 13167.84 Adjustment: Third Year Index Average = 12712.8733 = 1.1168 Base Year Index Average 11383.5283 WA−DC−GC03−100120−SWC Original Adjustment Factor x Adjustment = Adjustment Factor through 10/20/23 Normal Working Hours – Prevailing Wage 1.0378 1.1168 1.1590 Other Than Normal Working Hours – Prevailing Wage 1.0638 1.1168 1.1881 Normal Working Hours – Non−Prevailing Wage 1.0357 1.1168 1.1567 Other Than Normal Working Hours – Non− Prevailing Wage 1.0605 1.1168 1.1844 Non Pre−Priced 1.1627 1.0000 1.1627

  • Option (a) In order to induce Parent and Purchaser to enter into the Merger Agreement, Stockholder hereby grants to Purchaser an irrevocable option (a "SECURITIES OPTION") to purchase the Securities (the "OPTION SECURITIES") at the Offer Price, subject to increase as set forth below (the "PURCHASE PRICE"). The Securities Option may be exercised, in whole but not in part, by written notice to Stockholder (as set forth below), for a period of ten (10) business days (the "10 DAY PERIOD") following termination of the Merger Agreement or termination of the Offer, whichever shall first occur; PROVIDED that, prior to such termination, either (i) a Trigger Event shall have occurred or (ii) (A) the Company shall have received a written proposal from any person other than Parent, Purchaser or any affiliate of Parent or Purchaser for an Acquisition Transaction, which proposal shall not have expired or been withdrawn, (B) the Merger Agreement shall have been terminated by Parent pursuant to Section 8.01(b), 8.01(d)(ii), 8.01(f) or 8.01(g) and (C) at the time of such termination the Minimum Condition shall not have been satisfied. Notwithstanding the foregoing, the Securities Option may not be exercised until: (i) all waiting periods under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the "HSR ACT"), required for the purchase of the Securities upon such exercise shall have expired or been waived and any other conditions under the other Antitrust Laws shall have been satisfied and (ii) there shall not be in effect any preliminary injunction or other order issued by any Governmental Entity prohibiting the exercise of the Securities Option pursuant to this Agreement; provided that if (i) all HSR Act waiting periods shall not have expired or been terminated or (ii) there shall be in effect any such injunction or order, in each case on the expiration of the 10 Day Period, the 10 Day Period shall be extended until five (5) business days after the later of (A) the date of expiration or termination of all HSR Act waiting periods, and (B) the date of removal or lifting of such injunction or order. (b) In the event that Purchaser wishes to exercise the Securities Option, Purchaser shall send a written notice (the "NOTICE") to Stockholder identifying the date (not less than two (2) nor more than five (5) business days from the date of the Notice) for the closing of such purchase, which closing shall be held at the executive offices of the Company (or such other place as the parties may agree). At the closing, Stockholder shall deliver to Purchaser appropriate and effective instruments of transfer of the Option Securities, against payment to Stockholder of the Purchase Price, in same day funds, by wire transfer to such account as Stockholder shall designate. (c) In the event the Option Securities are acquired by Purchaser pursuant to the exercise of the Securities Option (the "ACQUIRED SECURITIES") and, either before or at any time within the one-year period following such acquisition, Parent, Purchaser or any affiliate of Parent or Purchaser shall acquire Common Stock (other than from the Company) at a price in excess of the Purchase Price, then the Purchase Price hereunder shall be increased to such higher price. If the purchase of the Acquired Securities has been completed at the time of such increase, Stockholder shall be entitled to receive, and Purchaser shall promptly (and in no event more than 48 hours following such increase) pay to Stockholder, by wire transfer of same day funds to such account as Stockholder shall designate, the amount of the increase. (d) In the event the Option Securities are acquired by Purchaser pursuant to the exercise of the Securities Option, Stockholder shall be entitled to receive, and Purchaser shall promptly (and in no event more than 48 hours following such Sale) pay to Stockholder, upon any subsequent disposition, transfer or sale to an unaffiliated third party ("SALE") of all or any portion of the Acquired Securities within the one-year period following such acquisition, an amount per share in cash equal to the excess, if any, of the net proceeds received per share in the Sale over the Purchase Price. Any such payment shall be made by wire transfer of same day funds to such account as Stockholder shall designate.

  • Licensor’s Option Licensor shall have the option, at Licensor’s sole discretion, to terminate this License at any time within three (3) years of the date of this Agreement upon written notice to Licensee. In the event that Licensor exercises this option, Licensor shall pay to Licensee a sum equal to Two Hundred Percent (200%) of the License Fee paid by Licensee. Upon Licensor’s exercise of the option, Licensee must immediately remove the New Song from any and all digital and physical distribution channels and must immediately cease access to any streams and/or downloads of the New Song by the general public.

  • Option; Option Price On the terms and subject to the conditions of the Plan and this Agreement, including, without limitation, Section 18 of this Agreement, the Optionee shall have the option (the “Option”) to purchase Shares at the price per Share (the “Option Price”) and in the amounts set forth on the signature page hereto. Payment of the Option Price may be made in the manner specified by Section 5.9 of the Plan. The Option is not intended to qualify for federal income tax purposes as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). Except as otherwise provided in Section 7 of this Agreement, the Option shall remain exercisable as to all Vested Options (as defined in Section 4) until the expiration of the Option Term (as defined in Section 3). Except as otherwise provided in the Plan or this Agreement, upon a Termination of Relationship, the unvested portion of the Option (i.e., that portion which does not constitute Vested Options) shall terminate.

  • Option 2 Employees may choose to enroll in the Cigna Open Access Plus In Network (OAPIN) plan that allows for in network coverage only. The employee price tag will be 14% of the annual premium through December 31, 2016 according to the schedule in Appendix B-1, (15% for those hired on or after January 1, 2013); 15% as of January 1, 2017; and 15% as of January 1, 2018 through December 31, 2021. Beginning January 1, 2013 through December 31, 2021, the prescription co-pay structure shall be as follows: Cigna OAPIN: Retail – up to a 30 day supply - $10 for generic; $20 for formulary; $35 for non- formulary; Mail Order: - 90 day supply of maintenance prescriptions - $20 for generic; $40 for formulary; $70 for non- formulary. Also, the hospital emergency room co-pay will be $50 per visit and is waived if admitted.

  • Option Rights Except as provided below, the Option shall be valid for a term commencing on the Grant Date and ending 10 years after the Grant Date (the "EXPIRATION DATE").

  • Our Option If we give you written notice within 30 days after we receive your signed, sworn proof of loss, we may repair or replace any part of the damaged property with material or property of like kind and quality.

  • Option Shares For the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Shares, the Company hereby grants to the Underwriters an option to purchase up to [●] additional shares of Common Stock, representing fifteen percent (15%) of the Firm Shares sold in the offering, from the Company (the “Over-allotment Option”). Such [●] additional shares of Common Stock, the net proceeds of which will be deposited with the Company’s account, are hereinafter referred to as “Option Shares.” The purchase price to be paid per Option Share shall be equal to the price per Firm Share set forth in Section 1.1.1 hereof. The Firm Shares and the Option Shares are hereinafter referred to together as the “Public Securities.” The offering and sale of the Public Securities is hereinafter referred to as the “Offering.”

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