Sell Option definition

Sell Option. As defined in Section 10.2(a). Service Agreement(s): Any and all service, maintenance or other contract(s) for the provision or delivery of goods, supplies or services with respect to the Property to which the Company Subsidiary is a party or assignee.
Sample 1Sample 2
Sell Option shall have the meaning set forth in Section 8.5(b).
Sample 1Sample 2
Sell Option has the meaning specified in Section 4.19 b. hereof.
Sample 1Sample 2

Examples of Sell Option in a sentence

  • If the Sell Option is accepted, the Offeree shall contemporaneously deliver a certified or bank check drawn on a bank that is a member of the New York Clearinghouse Association payable to the order of Citibank, N.A. or another bank agreed to by the parties, as escrow agent (the “Buy-Sell Escrow Agent”), in an amount equal to the Buy-Sell Deposit.

  • The closing of the transactions under the HGF Sell Option shall take place no later than 60 days after the expiration of the Response Period.

  • If the Offeree does not elect the Buy Option within the Response Period, the Offeree shall be deemed to have elected the Sell Option.

  • Failure to do say may result in no valid insurance cover being in place.

  • MERITS ISSUEOn the merits, CLM asserts that the District Court blundered in denying its Emergency Stay Motion, which sought to stay distributions from the Second Settlement Agreement pending resolution of the Fee Reserve Appeal.

  • If the Offeree elects the Buy Option, then the Offeree shall be required to purchase the Buy-Sell Property on the terms and conditions set forth in this Section 15.1. If the Offeree elects, or is deemed to have elected, the Sell Option, then the Offeror shall be required to purchase the Buy-Sell Property on the terms and conditions set forth in this Section 15.1.

  • If either Mobil or Volvo fails to respond to the Xxxxxxxx Buy-Sell Notice within the thirty (30) day period, the party which failed to respond shall be deemed to have elected the Sell Option.

  • If the Sell Option is accepted, the Offeree shall contemporaneously deliver a certified or bank check drawn on a bank that is a member of the New York Clearinghouse Association payable to the order of the Escrow Agent in an amount equal to the Buy-Sell Deposit.

  • Notwithstanding any provision to the contrary herein, if, upon the exercise of a Sell Option or Buy Option, the Purchase Price is determined to be less than $1,500,000, the Developer, at its option, may elect by written notice to Buyer within 30 days of such determination to terminate the operation of all of the Retail Stores and liquidate the assets thereof by selling or otherwise transferring such assets to an unaffiliated third party no later than 120 days after such election.

  • If any Tranche of Stores identified by the Developer in connection with the exercise of any Sell Option includes less than 10 Retail Stores, then thereafter the Developer shall no longer have any right to exercise a Sell Option.


More Definitions of Sell Option

Sell Option means the right of the Developer, exercised by written notice to the Buyer, to cause the Buyer to purchase from the Developer, and the Developer to transfer and sell to the Buyer, pursuant to the Asset Purchase Agreement substantially all of the assets of the Developer.
Sample 1
Sell Option has the meaning set forth in Section 9.2.3. -----------
Sample 1
Sell Option has the meaning given to that term in paragraph 8.2(b);
Sample 1
Sell Option is defined in Section 11.02.
Sample 1
Sell Option shall have the respective meanings assigned thereto in the Option Agreement, dated as of the date hereof, among Lessor, Lessee, the stockholders of Lessee and WCC. If Lessee purchases any Equipment, Lessee shall, on or before the date of purchase, pay to Lessor the purchase price, any applicable taxes, all Rent due through the day preceding the date of purchase and any other amounts due. Lessor shall, on the date of purchase, transfer to Lessee by xxxx of sale, without recourse or warranty of any kind, express or implied, all of Lessor's right, title and interest in and to such Equipment on an "As Is, Where Is" basis except that Lessor shall warrant title free and clear of all liens and encumbrances.
Sample 1
Sell Option. As defined in Section 8.5(b).
Sample 1

Related to Sell Option

  • 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 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.

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

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

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • 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.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

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

  • 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).

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

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

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

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

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

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

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

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

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.