Examples of Option Notice Date in a sentence
Within seventy-five (75) days following the Renewal Option Notice Date (or, if later, within fifteen (15) days following the date on which either Landlord or Tenant notifies the other party in writing that such notifying party desires to have the Annual Basic Rent for a Renewal Term determined by appraisal), Landlord and Tenant shall each select and engage an Appraiser to determine the Fair Market Rental Value of the Renewal Premises.
Subject to Clauses 23.4.2 and 23.4.3 below, the Put Option Exercise Price and the Call Option Exercise Price will be the product of: the Fair Market Value multiplied by the percentage to the total number of shares in the issued share capital of AsiaSat which the Put Option Shares or the Call Option Shares (respectively) represent, subject to any Minimum Price applicable on the Put Option Notice Date or Call Option Notice Date (as the case may be).
Option Notice Date Option Exercise Price (as a percentage of the outstanding Liquidation Value) Within 6 months of the Purchase Date 71.42% Between 6 months and 12 months of the Purchase Date 79.35% Between 12 months and 18 months of the Purchase Date 88.51% From 18 months of the Purchase Date through the end of the Option Period 95.23% In no instance shall the Option Exercise Price be greater than 100% of the Liquidation Value of the Purchased Securities.
Within seventy-five (75) days following the Renewal Option Notice Date (or, if later, within fifteen (15) days following the date on which either Landlord or Tenant notifies the other party in writing that such notifying party desires to have the annual Basic Rent for a Renewal Term determined by appraisal), Landlord and Tenant shall each select and engage an Appraiser to determine the Fair Market Rental Value of the Renewal Properties.
In order to exercise the Stock Option for a Monthly Payment, the Company shall give the Holder written notice thereof (a “Stock Option Notice”) on or prior to the Stock Option Notice Date for such Monthly Payment.