Common use of Exercise of Second Put Option Clause in Contracts

Exercise of Second Put Option. The Second Put Option may be exercised at any time during the Second Put Option Period by notice in writing served by the Grantors Agent on the Optionee. The Second Put Option shall not be exercisable at any other time or in any other manner.

Appears in 2 contracts

Sources: Put and Call Option Agreement, Put and Call Option Agreement (Surmodics Inc)