Master Option Agreement definition

Master Option Agreement means that certain Master Option Agreement of even date herewith by and between the Company, MPHL and Founder.
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Master Option Agreement refers to that certain Master Option Agreement dated as of [●], 2025, by and between Millrose Properties, Inc., a Maryland corporation, MILLROSE PROPERTIES HOLDINGS, LLC., a Delaware limited liability company and U.S. Home, LLC, a Delaware limited liability company, Lennar Homes Holdings, LLC, a Delaware limited liability company, and CalAtlantic Group, LLC, a Delaware limited liability company.
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Master Option Agreement means the Master Option Agreement, by and between SpinCo, TRSCo and U.S. Home, dated as of [•], 2024, as supplemented by any terms and provisions contained in any Project Addenda.
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Examples of Master Option Agreement in a sentence

  • During a Pause Period, Founder shall, as a condition to the continuation of the Pause Period, pay a Monthly Option Payment for such Property based upon a fixed Applicable Rate equal to the “Pause Rate” (as defined in the applicable Master Option Agreement or other similar successor or supplemental agreement as between a Founder Party and a Company Affiliate; or, if undefined therein, Pause Rate shall be a rate equal to one-half of the Applicable Rate).

  • Effective immediately upon the occurrence of the Distribution, Lennar, on behalf of itself and its subsidiaries, and SpinCo, on behalf of itself and its subsidiaries, as applicable, agree to enter into and be bound by that certain Master Program Agreement, Master Option Agreement, Master Construction Agreement, Multiparty Cross Agreement, and Master Guaranty (collectively, the “Transaction Documents”).

  • That payment stoppage will not be a default under the Master Option Agreement, any Option or any other agreement between a Founder Party and any Company Affiliate.


More Definitions of Master Option Agreement

Master Option Agreement has the meaning ascribed thereto in Recital (e) of this Agreement.
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Master Option Agreement means a certain Master Option Agreement, dated as of the same date hereof, by and between Assignee and Lacus, pursuant to which Lacus granted to Assignee three options to acquire up to an aggregate of eighty five per cent (85%) interest in the Lacus Properties.
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Master Option Agreement means that certain master option agreement dated April 6, 2000, among the Borrower, Keppel FELS and AMFELS Inc.;
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Master Option Agreement means the Master Option Agreement attached hereto as Exhibit K.
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Master Option Agreement means the Master Option Agreement, dated as of January 26, 2001 between Deutsche and the Borrower, as counterparty, as amended, modified or supplemented from time to time.
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Related to Master Option Agreement

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient;

  • Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • Qualified assignment agreement means an agreement providing for a qualified assignment within the meaning of section 130 of the Internal Revenue Code.