First Option Exercise Period definition

First Option Exercise Period means the period commencing on the date on which the First Option Conditions have been satisfied or waived in writing by Seabridge and ending on the date that is sixty (60) days after the later of the date that Royal Gold has been provided with written evidence to its reasonable satisfaction that: (a) the Project has, to the extent necessary for the Development and operation of the Project, received from the relevant Governmental Authorities: (i) any certificate required under the Environmental Assessment Act (British Columbia), or any equivalent requirement then in effect under Applicable Laws; (ii) any approvals required under the Canadian Environmental Assessment Act (Canada), or any equivalent requirement then in effect under Applicable Laws; (iii) any permit for a large mine required under the Mines Act (British Columbia), or any equivalent requirement then in effect under Applicable Laws; (iv) any approvals or permits required under the Water Act (British Columbia), or any equivalent requirements then in effect under Applicable Laws; (v) any approvals or permits required under the Fisheries Act (Canada), or any equivalent requirements then in effect under Applicable Laws; (vi) any approvals or permits required under the Environmental Management Act (British Columbia), or any equivalent requirements then in effect under Applicable Laws; and (vii) all other material licences, permits and approvals from Governmental Authorities necessary for the Development and operation of the Project (except for those licenses, permits and approvals that cannot reasonably be obtained prior to commencing construction of the Project, provided that there is a reasonable degree of confidence that such licences, permits and approvals will be obtained in a timely manner at the appropriate time); (b) Seabridge, or its successors or assigns in accordance with Section 6.02, has received board, joint venture and all other corporate approvals necessary to commence construction of the Project; and (c) Seabridge, or its successors and assigns in accordance with Section 6.02, has demonstrated sufficient Committed Funding for the Development of the Project and commencement of commercial production in respect thereof, and the conditions precedent to the first advance of loan monies in respect thereof (“Financial Close”) have been fulfilled, except that, to the extent any conditions precedent to Financial Close include conditions precedent (the “Royal Gold Conditions”) that require th...
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First Option Exercise Period means the period commencing on the Effective Date and ending on the earlier of (a) ninety (90) days after Exelixis’ receipt of the Final Report, (b) Exelixis’ exercise of the First Option in accordance with Section 2.4.1, or (c) Exelixis’ written notification to Helsinn that it will not exercise the First Option. [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
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First Option Exercise Period means, for each Assembly Program and subject to Section 4.1 and Section 3.6(f), the period beginning on the Completion Date of the First Triggering Clinical Trial for the first Assembly Molecule in such Assembly Program to achieve such event and ending on the earlier to occur of:
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Examples of First Option Exercise Period in a sentence

  • In the event that Royal Gold fails to exercise the First Option within the First Option Exercise Period pursuant to the terms of this Agreement, the First Option shall be deemed to have lapsed without being exercised on the last day of the First Option Exercise Period and this Agreement shall thereafter terminate and the Parties shall have no further obligations under this Agreement.

  • The First Option is not assignable or transferable ----------------- except by will or the laws of descent and distribution, and the First Option is exercisable only by the Manager during his lifetime (within the First Option Exercise Period).

  • For each request, the Commission appoints an officer of the Commission to represent the interests of the general public in the proceeding, pursuant to 39 U.S.C. 505applicable statutory and regulatory requirements include 39 U.S.C. 3622, 39U.S.C. 3642, 39 CFR part 3030, and 39 CFR part 3040, subpart B.

  • If Tenant provides the written notice during the First Option Exercise Period, and Landlord agrees to the extension, then the initial Term shall be extended an additional five (5) years.

  • It is not recommended that anyone stay in the Jacuzz- is for more than 10 minutes especially if you are under certain medications or have health problems.

  • Exelixis may exercise the First Option by written notification to Helsinn at any time during the First Option Exercise Period.

  • If Tenant does not exercise the option during the First Option Exercise Period, then the options will lapse and be of no further force or effect and the Term will automatically expire on the Expiration Date.

  • The issue price of the Series B Shares will be published in a Current Report not later than seven days prior to the beginning of the First Option Exercise Period.*** The issue price per Series C Share will be determined by the Supervisory Board and will be equal to the weighted average of the prices of the Shares on the Warsaw Stock Exchange in November 2005, adjusted for excercised rights attached to Shares (e.g. dividend).

  • The purchase consideration payable by FH-REIT in connection with the Reversionary Interest Acquisition is A$10.55 million (approximately S$10.4 million6) (the “Purchase Consideration”).


More Definitions of First Option Exercise Period

First Option Exercise Period means, for each Assembly Program and subject to Section 4.1 and Section 3.6(f), the period beginning on the Completion Date of the First Triggering Clinical Trial for the first Assembly Molecule in such Assembly Program to achieve such event and ending on the earlier to occur of: (a) delivery of an Option Exercise Notice by Gilead for such Assembly Program or Gilead’s notice that it declines to exercise such Option, and (b) 11:59 p.m. Pacific Time on the later of (i) the [***] day after the date on which Assembly has delivered to Gilead a Qualifying Data Package for such Assembly Molecule and (ii) if applicable, [***] Business Days after a determination pursuant to [***] that a Qualifying Data Package for such Assembly Program has been delivered; provided that for any Assembly Program that is an Acquired Assembly Program, clause (b)(i) above shall be the [***] day after the applicable delivery date.
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First Option Exercise Period is defined in Section 3(c).
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Related to First Option Exercise Period

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.

  • Post-Termination Exercise Period means the period following termination of a Participant’s Continuous Service within which an Option or SAR is exercisable, as specified in Section 4(h).

  • Option Exercise Date has the meaning specified in Section 2.1.

  • Option Period means the period during which an Option may be exercised.

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Initial Warrant Exercise Date means __________, 1997.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Initial Exercise Date shall have the meaning ascribed to such term in the Preamble.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.