Examples of Option Interests in a sentence
The Option hereunder shall remain valid and continue to apply to the Holder even if any Osprey Party: (a) voluntarily or involuntarily files for bankruptcy or similar proceedings in any court of competent jurisdiction or otherwise enters into any such proceeding, or (b) has the Option Interests transferred by operation of law or otherwise involuntarily.
Except as otherwise provided herein, the covenants and agreements contained herein with respect to the Option Interests shall terminate upon the expiration of the Option Period.
No person other than the Fund has any interest in or right to acquire any interest in any of the Option Interests.
The Fund has good and marketable title to all of the Option Interests, free and clear of any liens, encumbrances, equities, restrictions and claims of every kind and nature.
There are no rights, options, convertible or exchangeable, instruments or interests or commitments, agreements, arrangements or undertakings of any kind to which the Fund is a party or by which the Fund is bound obligating the Fund to deliver, sell, or cause to be sold or delivered, the Option Interests.