Examples of Opportunity Period in a sentence
It is the understanding of the parties to this Agreement that the Partnership does not expect to make any non-cash quarterly distributions to holders of OCGH Units in respect of the Full EVU Opportunity Period.
If the Corporation elects, within the Opportunity Period, to pursue or acquire such Business Opportunity or to direct such Business Opportunity to another Person, then Capital Maritime shall refrain, and shall cause all other Capital Maritime Entities to refrain, from pursuing or acquiring such Business Opportunity until such time as the Corporation abandons its pursuit of such Business Opportunity.
If the Corporation does not elect, within the Opportunity Period, to pursue or acquire such Business Opportunity or to direct such Business Opportunity to another Person, then any Capital Maritime Entity may pursue or acquire such Business Opportunity.
In all events the appraiser shall be instructed to take into account the efforts made to sell the Project during the Opportunity Period.
For purposes of this Section 2(c)(i)(C), “Average Stock Price” means the volume weighted average stock price (using average daily trading volumes), as reported on Bloomberg, for any period of 20 trading days (x) that occurs within the Incentive Opportunity Period and (y) during which the average daily dollar trading volume of the Shares on NYSE equals or exceeds $2,800,000.
Notwithstanding the foregoing it is understood and agreed that in no event shall the Royalty Period commence later than the first day of the seventh year from and after the Royalty Opportunity Period.
If the Operating Partnership does not so respond by the end of the REIT Opportunity Period, the Operating Partnership shall be deemed to have rejected the REIT Opportunity.
The right of the Class B Member to make additional Capital Contributions for the purchase of Containers by the Company shall not be affected by the expiration or earlier termination of the Purchase Opportunity Period under Section 2.2.
Any Shares earned pursuant to the Special Incentive Opportunity will be issued to the Executive as soon as practicable after the end of the Incentive Opportunity Period, except as expressly provided in Section 4(b)(v) of this Agreement, or, as described below in the event of a Change in Control.
The Operating Partnership shall have ten (10) days (the "REIT Opportunity Period") from the date of its receipt of the REIT Opportunity Notice to notify the appropriate Tenant in writing that it has accepted or rejected the REIT Opportunity.