Examples of Second Option Notice in a sentence
Each Investor may elect to purchase any of the remaining Available Units available to such Investor by delivering written notice to the Company within five (5) days after the delivery of the Second Option Notice (such 5-day period being referred to herein as the "Second Period").
Each member of the Xxxx Group may elect to purchase any of the remaining Available Shares available to such member of the Xxxx Group by delivering written notice to the Company within 10 days after the delivery of the Second Option Notice (with such 10-day period referred to herein as the "Second Election Period").
Each Investor may elect to purchase any of the remaining Available Units available to such Investor by delivering written notice to the Company within five (5) days after the delivery of the Second Option Notice (such 5-day period being referred to herein as the “Second Period”).
Each Investor may elect to purchase any of the remaining Available Shares available to such Investor by delivering written notice to the Company within 5 days after the delivery of the Second Option Notice (with such 5-day period referred to herein as the "Second Election --------------- Period").
Each participating Venturer may exercise the Second Option by delivering to the Optionor Venturer written notice of its election to exercise the Second Option within the 10-day period immediately following the date of the Second Option Notice.
Each participating Partner may exercise the Second Option by delivering to the Optionor Partner written notice of its election to exercise the Second Option within the ten (10) Business Day period immediately following the date of the Second Option Notice which notice shall specify the amount of the Offered Interests agreed to be purchased.
Upon the giving of the Second Option Notice, each other Partner shall have the irrevocable right and option (the “Second Option”) to collectively purchase all of the remaining Offered Interests.
Upon the giving of the Second Option Notice, each other Venturer shall have the irrevocable right and option (the "Second Option") to collectively purchase all of the remaining Offered JV Interests.
The parties shall attempt, during the three (3) month period following the date of the Second Option Notice to mutually agree upon the Option FMV of the Demised Premises for the Second Option Period.
If Landlord does not receive written notice from Tenant of its exercise of this Second Option on a date which is not more than five hundred forty (540) days nor less than three hundred sixty (360) days prior to the end of the First Extended Term of the Lease (the "Second Option Notice"), all rights of Tenant in, to and under this Second Option shall automatically lapse and terminate and shall be of no further force or effect.