Continuation Right definition

Continuation Right shall have the meaning set forth in Section 4(b).
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Continuation Right means the right secured from Third Parties to continue to [...*...
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Continuation Right has the meaning set forth in Section 9.1.
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Examples of Continuation Right in a sentence

  • The Medical Group shall then have the right (the "Continuation Right"), which it must exercise by delivering written notice to the Management Company within five (5) days after receipt of the Closing Notice, to keep the New Medical Office open.

  • In the event that the Medical Group exercises its Continuation Right, then the Medical Group shall be required to fund all costs that fall within the definition of New Medical Office Start-Up Costs incurred during the period from the expiration of the New Medical Office Start-Up Period through and including the date that the New Medical Office becomes profitable (as reasonably determined by the Management Company) (the "Secondary Period").

  • GARCIA AND UNANIMOUSLY PASSED, the Board voted to reopen the Meeting to Public Session at 9:18 a.m.

  • For purposes of this Section, "Continuation Right" shall mean the right secured from Third Parties to continue to [...*...

  • In the event that Vyera decides to terminate this Agreement after its exercise of the Continuation Right, it will provide CytoDyn with written notice at least [***] prior to such termination.

  • Notwithstanding the foregoing, if Vyera exercises the Continuation Right (as defined in the Supply Agreement), then Vyera shall continue to purchase Licensed Product from CytoDyn pursuant to the Supply Agreement and shall pay CytoDyn for such Licensed Product the price specified in the Supply Agreement and a royalty equal to [***], provided that after the exercise of the Continuation Right, CytoDyn will not be obligated to supply Licensed Product exclusively to Vyera in the Field in the Territory.

Related to Continuation Right

  • Continuation Notice as defined in Section 2.17(a).

  • Continuation Period shall have the meaning set forth in Section 6.9(a).

  • Continuation Date means any date on which Borrower continues a LIBOR Advance into another Interest Period.

  • Benefits Continuation Period has the meaning set forth in Section 6.01(b).

  • COBRA continuation provision means any of the following:

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Notice of Continuation means a notice substantially in the form of Exhibit D (or such other form reasonably acceptable to the Administrative Agent and containing the information required in such Exhibit) to be delivered to the Administrative Agent pursuant to Section 2.8. evidencing the Borrower’s request for the Continuation of a LIBOR Loan.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Notice of Continuation/Conversion has the meaning specified in Section 2.2(b).

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Continuation and “Continued” each refers to the continuation of a LIBOR Loan from one Interest Period to another Interest Period pursuant to Section 2.9.

  • Continuation Coverage means the temporary continuation of PEBB benefits available to enrollees under the Consolidated Omnibus Budget Reconciliation Act (COBRA), 42 U.S.C. Secs. 300bb-1 through 300bb-8, the Uniformed Services Employment and Reemployment Rights Act (USERRA), 38 U.S.C. Secs. 4301 through 4335, or the public employees benefits board's policies.

  • Conversion/Continuation Date means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice.

  • COBRA Continuation Period means the continuation period for medical and dental insurance to be provided under the terms of this Agreement which shall commence on the first day of the calendar month following the month in which the date of termination falls and generally shall continue for an 18 month period.

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Notice of Conversion/Continuation shall have the meaning provided in Section 2.06.

  • Notice of Continuation or Conversion has the meaning provided in Section 2.10(b).

  • COBRA Continuation Coverage means the health care benefit continuation coverage mandated by the Consolidated Omnibus Budget Reconciliation Act and similar provisions of state law.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Severance Term means the twenty-four (24) month period following Executive’s termination by the Company without Cause (other than by reason of death or Disability) or by Executive for Good Reason.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Director Option means an Option granted pursuant to Section 6.

  • Employee Option means an Option granted pursuant to Section 5.

  • CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.