Examples of Option Election Notice in a sentence
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.
A vote by show-of-hands 6-0-2 passed with changes mentioned by Mr. Jonaitis and both Mr. Fealy and Mr. Jonaitis abstaining.
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 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.
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.
For example, in the case of a purchase and sale under Section 7.01, the five (5) day period referenced in the preceding sentence shall begin upon the expiration of the thirty (30) days after receipt by the Selling Member of the Purchase Option Election Notice.
For example, in the case of a purchase and sale under Section 7 .01, the five (5) day period referenced in the preceding sentence shall begin upon the expiration of the thirty (30) days after receipt by the Selling Member of the Purchase Option Election Notice.
Failure of TATA to issue Put Option Election Notice within such thirty (30) day period shall be deemed to be nonelection by TATA to exercise the Change in Law Put Option.