Option Notice definition

Option Notice has the meaning set forth in Section 5.2(a).

Option Notice. As defined in Section 3.18.

Option Notice means a notice from the Lessee to the Lessor exercising the option to purchase the Option Premises;

Examples of Option Notice in a sentence

• If an Option Notice has been delivered to Investor, subject to the terms and conditions hereof, the Company will issue and sell to the Investor, and the Investor will purchase from the Company, at the Closing (as defined below), a number of shares of Common Stock (the “Shares”) equal to the Aggregate Purchase Price divided by the Next Equity Financing Price Per Share (rounded down to the nearest whole Share).

• If an Option Notice is not timely so given, the Option, and any subsequent Option (if any), shall automatically expire.

• Tenant shall give to Landlord on a date which is not less than twelve (12) months and not more than eighteen (18) months prior to the then scheduled expiration date of the Lease Term, a written notice of Tenant's exercise of an Option (an "Option Notice"), time being of the essence.

More Definitions of Option Notice

Option Notice means a notice in writing from the Joint Venturers to the Water Authority in which the Joint Venturers give notice of the exercise of the JV Option;

Option Notice has the meaning set forth in Section 3.2.

Option Notice shall have the meaning set forth in Section 6.5.

Option Notice. Means a notice exercising an Option

Option Notice means a notice substantially in the form set out in the Procedures Memorandum (in the form obtainable from the office of each Paying Agent and Transfer Agent).

Option Notice has the meaning set forth in Section 2.2(b).

Option Notice shall have the meaning ascribed to such term in Section 2.2(c).