Refusal Option definition

Refusal Option as defined in Section 2.14(c).
Sample 1Sample 2Sample 3
Refusal Option shall have the meaning assigned to such term in Section 2.05(g).
Sample 1Sample 2
Refusal Option means a First Refusal Option or a Second Refusal Option, as the context may require.
Sample 1

Examples of Refusal Option in a sentence

  • The date for the acquisition closing under the Purchase Option or the First Refusal Option, as applicable, may be extended by agreement of the parties and the agreed-upon extension shall be recorded/filed in the Registry of Deeds or Registry District of the Land Court.

  • Andrew Pollack, Without U.S. Rules, Biotech Food Lacks Investors, N.Y. TIMES, Jul.

  • DHCD may exercise the First Refusal Option by sending notice to the Developer/owner of its intention to exercise the First Refusal Option by certified mail and recording/filing a copy of such notice in the Registry of Deeds or Registry District of the Land Court within 120 days after its receipt of the Developer/owner's notice.

  • DHCD may exercise the First Refusal Option by sending notice to the Developer/owner of its intention to exercise the First Refusal Option by certified mail and recording/filing a copy of such notice in the Registry of Deeds or Registry District of the Land Court within 120 days after its receipt of the Developer/owner’s notice.

  • Prepare and administer annual budgets for assigned area; review and approve expenditures according to established District policies and procedures.

  • During the period of ten (10) business days following SPE's actual receipt of the Sales Notice, SPE shall have the exclusive option ("First Refusal Option") to acquire the Sales Right(s) upon the Terms set forth in the Sales Notice.

  • If a Developer/owner’s notice relates to a proposed transfer of only a portion of the Project, the First Refusal Option shall remain in effect with respect to all remaining portions of the Project.

  • If DHCD exercises the First Refusal Option, DHCD or its assignee shall have 120 days after the expiration of the option exercise deadline specified in 760 CMR 19.04(7)(b) (and not less than 240 days after DHCD's receipt of the Developer/owner's notice) to purchase the Project.

  • If SPE elects to exercise the First Refusal Option, SPE shall give Marvel written notice thereof within said ten (10) business day period, and SPE shall, upon payment to Marvel of that portion of the consideration specified in the Sales Notice which is immediately payable, automatically acquire such Sales Right(s) on the Terms set form in the Sales Notice.

  • If DHCD exercises the First Refusal Option, DHCD or its assignee shall have 120 days after the expiration of the option exercise deadline specified in 760 CMR 60.04(4)(b) (and not less than 240 days after the DHCD's receipt of the Developer/owner's notice) to purchase the Project.


More Definitions of Refusal Option

Refusal Option and "REFUSAL PRICE" shall have the respective meanings ascribed to them in Section 4.2 hereof.
Sample 1
Refusal Option shall have the meaning set forth in clause (a) of Section 2.09.
Sample 1
Refusal Option has the meaning specified therefor in Section 2.05(f). US-DOCS\103792213.14
Sample 1
Refusal Option has the meaning specified therefor in Section 2.05(f).
Sample 1

Related to Refusal Option

  • Renewal Option has the meaning set forth in §12.1.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Director Option means an Option granted pursuant to Section 6.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Option means a stock option granted pursuant to the Plan.

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

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Employee Option means an Option granted pursuant to Section 5.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering together with any additional Shares to be issued pursuant to the exercise of the Over-Allotment Option;