Examples of Option Buyer in a sentence
If Buyer chooses to exercise the Option, Buyer shall send written notice to Seller stating that Buyer is exercising the Option, conditioned upon Buyer’s receipt of Option Approval, as defined below, within one hundred eighty days of the date on which Buyer received the Revocation Notice.
In order to exercise the Option, Buyer must deliver to Seller (prior to the Option Expiration Date) written notice (an “Exercise Notice”) of Buyer’s intention to do so.
If Buyer chooses to exercise the Option, Buyer shall send written notice to Seller stating that Buyer is exercising the Option, conditioned upon Buyer’s receipt of Option Approval, as defined below, within 180 days of date on which Buyer received the Revocation Notice.
Seller acknowledges and understands that by virtue of this Purchase Option, or the exercise of such Purchase Option, Buyer may be required to file a 13D with the U.S. Securities and Exchange Commission (the “Filing”) and hereby consents to any such Filing reasonably required in the opinion of Buyer and/or its counsel.
Premier Upgrade Package (PUP) Option (Buyer Only) Adding this package to your Home Warranty Agreement provides additional benefits on a covered claim.
Upon proper exercise of the Option by the Option Buyer, the Option Seller will be obligated to sell and deliver the Product for the Delivery Period for which the Option has been exercised.
With respect to each Transaction, Seller shall sell and deliver, or cause to be delivered, and Buyer shall purchase and receive, or cause to be received, the Quantity of the Product at the Delivery Point, and Buyer shall pay Seller the Contract Price; provided, however, with respect to Options, the obligations set forth in the preceding sentence shall only arise if the Option Buyer exercises its Option in accordance with its terms.
As consideration for the grant of the Option, Buyer is responsible for paying its own overhead expenses associated with the Development Management Services furnished to Seller pursuant to this Section.
Notwithstanding the foregoing, Buyer may elect not to acquire the Minority Interest, in which event, during such 180 day period, provided Seller has exercised the Seller Option, Buyer shall offer in writing to acquire the remaining shares of Common Stock owned by Seller for a per share price of not less than $17.50, payable in Buyer Common Stock, cash or a combination thereof.
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