Termination Option Period definition

Termination Option Period means any time during the months of August 2008, November 2008 or February 2009, or any time between April 1, 2009 and March 31, 2010. The Severance will be paid in the following manner:
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Termination Option Period means (y) with respect to a Cooperation Failure or an Enforcement Action, the period of time from the end of the Ligand Option Period until *** whichever first occurs, and (z) with respect to a *** For purposes of this Section 4.5, a "Cooperation Failure" shall mean any (x) refusal or failure by Seragen to
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Termination Option Period has the meaning set forth in Section 8.4(b).
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Examples of Termination Option Period in a sentence

  • Termination Option Period and, if the Purchase Option is exercised, through the date the Portfolio is purchased, as if this Agreement had not been terminated.

  • During the Post Termination Option Period, Barclays will maintain the Accounts at the pre-termination level and not remove Accounts from the portfolio except for cause.

  • If the Waiver is not received on or before the expiration of Termination Option Period, or if Landlord notifies Tenant in writing prior to the expiration of the Termination Option Period that the Waiver has been denied by the Prime Landlord, then no later than fifteen (15) days following the earlier of the foregoing conditions to occur, Tenant shall have the right to terminate this Lease.

  • If Tenant does not pay the Termination Option Fee during the Termination Option Period, then Tenant shall have no option to terminate the *CONFIDENTIAL TREATMENT REQUESTED.

  • The date for the sale transaction described in Section 7.4 shall be selected by the Termination Buyer but shall occur on or before the later of (A) if no Formal Termination Valuation is utilized, forty-five (45) Days, or if a Formal Termination Valuation is utilized, ninety (90) Days, after the end of the Termination Option Period or (B) the fifth (5th) Business Day after the receipt of all applicable regulatory and governmental approvals to such sale transaction, if any.

  • If the Termination Buyer and the Affected Shareholder do not reach such agreement as to fair market value of such interests on or before the thirtieth (30th) Day following the end of the Termination Option Period, either of them, by notice to the other, may require the determination of fair market value to be made by the Valuation Specialist (such determination by the Valuation Specialist, the “Formal Termination Valuation”).

  • If the non-Affected Shareholder does not respond during the Termination Option Period, the non-Affected Shareholder shall be deemed to have waived its rights pursuant to this Section 7.4.

  • If Tenant elects to terminate this Lease as provided above, the parties shall thereafter be released from any further obligations under this Lease except for the obligations which expressly survive termination, which shall include, without limitation, Landlord’s obligation to reimburse Tenant for any payment of its share of Aviation Annual Land Rent (as defined in Section 4.01(A) of the Prime Lease) made by Tenant during the Termination Option Period.

  • If the Termination Buyer and the Affected Interestholder do not reach such agreement as to fair market value of such Interests on or before the thirtieth (30th) Day following the end of the Termination Option Period, either of them, by notice to the other, may require the determination of fair market value to be made by the Valuation Specialist (such determination by the Valuation Specialist, the “Formal Termination Valuation”).

  • Tenant shall be entitled to exercise the Termination Option by giving notice to Landlord prior to the expiration of the Termination Option Period.


More Definitions of Termination Option Period

Termination Option Period means the period of six months prior to and terminating on the Expiry Date or Termination Date; UK GDPR means the retained EU law version of the General Data Protection Regulation (EU) 2016/679), as incorporated into UK law under section 3 of the European Union (Withdrawal) Act 2018 and as defined in the Data Protection, Privacy and Electronic Communications (Amendments etc) (EU Exit) Regulations 2019, as amended, updated or replaced from time to time. TUPE means the Transfer of Undertakings (Protection of Employment) Regulations 2006 (246/2006) as amended, re-enacted, superseded or modified from time to time; VAT means value added tax; Weekly means once every seven consecutive days (except where indicated to the contrary); Whistleblowing means the reporting of suspected wrongdoing or dangers in relation to Authority related activities, including bribery, fraud or other criminal activity, miscarriages of justice, health & safety risks, risk or damage to the environment and any breach of legal or professional obligations and Whistleblower shall be construed accordingly; Working Day means all the days of the week except Service Holidays; Schedule 2 Specification COUNCIL SERVICES Specification to be added as per the version set out in the Procurement Documentation Schedule 3 Additional Terms Clause 49 (Representatives) Representatives Name, Job Title Contact Details Authority's Representative (initial) Xxxxx Xxxxx Public Health Specialist Xxxxx.xxxxx@xxxxxxxxx.xxx.xx Tel: 00000 000000 Supplier's Representative (initial) [Bidder Note: to be inserted on contract award] [Bidder Note: to be inserted on contract award] [Bidder Note: to be inserted on contract award] Schedule 4 Supplier Tender Bidder Note: Supplier Tender to be inserted on contract award Schedule 5 Payment and Performance 1 Service Payment
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Related to Termination Option Period

  • 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.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Option Period means the period during which an Option may be exercised.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Post-Termination Period means the twelve (12) month period beginning on the Termination Date.

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

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

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Lease Termination Date means the last day of the Lease Term.

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

  • Start-up Period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

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