Examples of Option Election Notice in a sentence
Upon exercise of the Option or Put as provided in (and ------- in accordance with) any of Sections 1 or 2 above, the purchase and sale of the ---------- - Remainder Notes shall close on the closing date specified in the Option Election Notice or Put Election Notice, as applicable, in accordance with the terms of Sections 1(b) and 2(b), respectively (the "CLOSING DATE").
The H&Q Representative agrees to hold the Covered Securities until the earlier of (i) the sale and disbursement of such portion of the Covered Securities in accordance with the terms of this Agreement and (ii) the expiration of the Third Call Exercise Period (or if there is a Third Put Option Election Notice or Third Call Election Notice, then the closing under the Third Put Option or the Third Call Option, as the case may be).
If the Buying Member exercises the Purchase Option, Washington and UCSF shall take all actions reasonably necessary to cause the consummation of the purchase and sale of the Selling Member’s Units to occur within ninety (90) days following receipt by the Selling Member of the Purchase Option Election Notice.
If UCSF Health and WHHS do not agree on an Independent Appraiser within thirty (30) days after receipt by the Selling Member of the Purchase Option Election Notice, then the Fair Market Value of the Selling Member’s Fractional Interest shall be determined in accordance with Section 12.5 below.
If the Buying Member exercises the Purchase Option, WHHS and UCSF Health shall take all actions reasonably necessary to cause the consummation of the purchase and sale of the Selling Member’s Fractional Interest to occur within ninety (90) days following receipt by the Selling Member of the Purchase Option Election Notice.
PPD-21 names 16 critical infrastructure sectors and the executive departments responsible for overseeing security and resilience in each sector.
If Investor elects to exercise the Call Option, Investor shall deliver to Company $6,500,000.00 (the “Second Tranche Purchase Price”) on the Second Closing Date (as specified in the Call Option Election Notice) in exchange for the Second Closing Shares.
If the parties are unable to agree on the specific terms upon which AAI DS will Manufacture any such Additional Product for Purchaser within [**] days after Purchaser's receipt of the applicable Option Election Notice, Purchaser may contract with a third party to Manufacture such Additional Product, but only on terms that are more favorable to Purchaser than AAI DS' offer.
AAI DS shall accept or reject any such offer to Manufacture such Additional Product in writing (an "Option Election Notice") within [**] days of receipt of Purchaser's offer.
If Investor does not deliver the Call Option Election Notice on or prior to the Outside Date, the Call Option shall expire and Investor will be deemed to have relinquished the Call Option.