Examples of Purchase Option Exercise Period in a sentence
The failure of the Company to respond within the Company Purchase Option Exercise Period shall be deemed to be an irrevocable waiver of the Company Purchase Option in respect of such Aegis Intention Notice but without prejudice to the rights and obligations of Aegis and the Company under this Section 12.12 regarding any future Aegis Intention Notice and Company Purchase Option.
Such closing date is the "Assumed Accounts Purchase Date." EFS shall notify Bank in writing of a Nominated Purchaser's intent to purchase the Purchased Assets and the Assumed Liabilities (an "Exercise Notice") no later than one hundred twenty (120) days after the Termination Date of this Agreement or of any Product Schedule (the "Purchase Option Exercise Period").
In the event that Seller delivers the Purchase Option Exercise Notice to Buyer prior to the expiration of the Purchase Option Exercise Period, then Buyer shall sell, assign, transfer and convey to Seller, and Seller shall purchase and acquire the Property subject to and in accordance with the terms and conditions set forth in this Section 16.1.
EFS may designate different Nominated Purchasers with respect to different EFS Purchase Options and with respect to different Financial Products, and may designate a substitute or replacement Nominated Purchaser, but each thereof shall be deemed to be the “Nominated Purchaser” as defined in this Section 15.1. If EFS does not provide the Exercise Notice to Bank before the expiration of the Purchase Option Exercise Period, then the EFS Purchase Option under this Section 15.1 shall expire.
Buyer shall have an option (the "Purchase ------------------- -------- Option") to purchase all of the remaining outstanding Membership Interests in ------ the Company as held by Sellers, by delivering written notice (the "Purchase -------- Option Notice") to Sellers during the Purchase Option Exercise Period.
EFS may designate different Nominated Purchasers with respect to different EFS Purchase Options and with respect to different Financial Products, and may designate a substitute or replacement Nominated Purchaser, but each thereof shall be deemed to be the "Nominated Purchaser" as defined in this Section 15.1. If EFS does not provide the Exercise Notice to Bank before the expiration of the Purchase Option Exercise Period, then the EFS Purchase Option under this Section 15.1 shall expire.
The failure of an Eligible Holder to respond within the Eligible Holder’s Purchase Option Exercise Period shall be deemed to be an irrevocable waiver of such Eligible Holder’s Purchase Option in respect of such Xxxx Intention Notice (but without prejudice to the rights and obligations of the Xxxx Offeror and Eligible Holder under this Clause 10.2 regarding any further Xxxx Intention Notice and Eligible Holder Purchase Option).
EFS will notify Meta in writing of its intent to exercise the EFS Purchase Option and of the Nominated Purchaser's intent to purchase and assume the Purchased Meta Accounts (an "Exercise Notice") at any time either during the Term or up to one hundred eighty (180) days after the Termination Date (the "Purchase Option Exercise Period").
The failure of the Company to respond within the Company Purchase Option Exercise Period shall be deemed to be an irrevocable waiver of the Company Purchase Option in respect of such Aegis Intention Notice but without prejudice to the rights and obligations of Aegis and the Company under this Clause 11.1 regarding any future Aegis Intention Notice and Company Purchase Option.
The Notice of Exercise shall (A) designate a purchase date (the “Par Purchase Date”) on which the purchase shall occur during the Par Purchase Option Exercise Period and (B) set forth the identities (including legal names) of each of the Par Purchasers together with the respective percentages of the Loan Agreement Obligations to be purchased by such Persons.