Examples of Third Option in a sentence
Under the Third Option, the amount of each payment will depend upon the sex of both payees and their ages at the time the first payment is due.
In the absence of an election by You, the Contract Value will be used to calculate a fixed dollar Annuity under the Third Option (Life Annuity with 10 Years Period Certain).
The Borrower shall provide the Holders of the Purchased Third Option Notes and the Agent with at least five (5) Business Days prior written notice of any election to exercise its right to prepay any portion of the Purchased Third Option Notes pursuant to this Section 2(e).
Each of the First Option, Second Option, Third Option, and Fourth Option (together, the “Options”) are governed by the Parent’s relevant equity plan and/or award agreement, unless specifically stated otherwise in this Agreement.
The Borrower shall have the right at any time and from time to time to prepay the Purchased Third Option Notes, in whole or in part, at a price equal to 100% of the Principal Amount of the Purchased Third Option Notes being prepaid plus all accrued and unpaid interest thereon to the date of prepayment.