Option Commencement Date definition
Examples of Option Commencement Date in a sentence
For purposes of Section 10.01 of the Agreement, the Prepayment Option Commencement Date is .
Within fifteen (15) Business Days after the Put Option Commencement Date, Chatham Managing Member shall have the right, but not the obligation, to deliver a written notice to NS Managing Member (the “Put Notice”) indicating its election to sell to NS Managing Member (and requiring NS Managing Member to buy from Chatham Managing Member) all of Chatham Managing Member’s right, title and interest in and to the Company (the “Option Interests”) in accordance with this Section 3.8(a).
In the event the Lessee exercise the Lease Option, the Initial Term of the Option Lease ("Third Initial Term") will commence eighteen months after the Lessor receives written notice of the Lessee's exercise of the Lease Option (Option Commencement Date) provided such notice is received during the period commencing August 1, 2000 and ending August 1, 2005, and such Initial Term will expire on the last day of the calendar month in which the tenth (10th) anniversary thereof occurs.
For purposes of Section 10.01 of the Agreement, the Purchase Option Commencement Date is .
If the Option Commencement Date occurs prior to the Expiry Time and there is no Closing Date prior to the Option Expiry Date, then this Agreement shall terminate on the Option Expiry Date.