Examples of Option Payment in a sentence

Company may exercise the Option at any time prior to the expiration of the Option Period by paying to Owners an amount, of Seventy-Five Thousand Dollars ($75,000.00 USD) less the Initial Option Payment.
Effective upon payment of the Option Payment: (i) Alimera shall have no further obligation to make, and SWK Funding shall have no further right to receive, any payments under this Letter Agreement or the Royalty Purchase Agreement; and (ii) SWK Funding shall and hereby does, effective upon payment of the Option Payment, assign to Alimera, and Alimera shall and hereby does assume from SWK Funding, the Royalty Purchase Agreement in its entirety.
The Second Option Payment shall not be applicable against the Purchase Price.
The Second Option Payment will be non-applicable against the Purchase Price.
Company may exercise the Option at any time prior to the expiration of the Option Period by paying to Owner an amount, less the Initial Option Payment, equal to SEVENTY FIVE THOUSAND DOLLARS ($75,000) (the “Purchase Price”).

More Definitions of Option Payment

Option Payment shall have the meaning given to it in Section 1.7(a).

Option Payment has the meaning set forth in Section 8.1(b).

Option Payment has the meaning set forth in Section 2.05(a).

Option Payment shall have the meaning as set forth in Section 2.4(a) of the Agreement.

Option Payment as defined in Section 1.2

Option Payment means the amount paid by the Eligible Director in the exercise of his or her Option.

Option Payment means that portion of the Annual Retainer to be paid to Non-Employee Directors in Options rather than cash for services rendered as a director of the Company, as provided in Section 5 hereof.