Examples of Election Period in a sentence
Notice by any Preemptive Rights Member of its acceptance, in whole or in part, of the offer set forth in a Preemptive Offer Notice (a “Notice of Preemptive Rights Acceptance”) shall be irrevocable upon delivery to the Company prior to the end of the Preemptive Rights Election Period, setting forth the number of New Securities such Preemptive Rights Member elects to purchase.
If Sponsor exercises the Option B Option during the Option B Option Election Period, the Parties shall diligently negotiate the terms of an exclusive commercial license, which shall contain, among other things, terms under which Sponsor reimburses University for all costs for the preparation, filing, prosecution, and maintenance of Intellectual Property during the life of the Intellectual Property’s protection.
For review only - Not valid for execution The arbitrator shall move as expeditiously as possible and shall set a schedule to endeavor to complete the arbitration and render an award within one (1) month after the completion of the Election Period.
If Sponsor exercises the Option A Option during the Option A Option Election Period, the Parties shall diligently negotiate the terms of an exclusive commercial license, which shall contain, among other things, terms under which Sponsor reimburses University for all costs for the preparation, filing, prosecution, and maintenance of Intellectual Property during the life of the Intellectual Property’s protection.
The failure of any Preemptive Rights Member to respond to the Preemptive Offer Notice during the Preemptive Rights Election Period shall be deemed a waiver of such Preemptive Rights Member’s Preemptive Rights with respect to the applicable Preemptive Offer Notice.