Common use of Notice of Intent to Exercise Clause in Contracts

Notice of Intent to Exercise. RER must deliver to the SMP Parties written notice by RER of its intent to exercise Option B. The notice must be signed by RER and delivered to the SMP Parties no later than three (3) Business Days prior to the earlier of (i) the intended Closing Date, and (ii) expiration of the Option B Exercise Period. The notice must specify a Closing Date that is prior to expiration of the Option B Exercise Period. Delivery of such notice is a pre-condition to exercise of Option B.

Appears in 1 contract

Sources: Purchase Option Agreement (Rock Energy Resources, Inc.)

Notice of Intent to Exercise. RER must deliver to the SMP Parties written notice by RER of its intent to exercise Option B. A. The notice must be signed by RER and delivered to the SMP Parties no later than three (3) Business Days prior to the earlier of (i) the intended Closing Date, and (ii) expiration of the Option B A Exercise Period. The notice must specify a Closing Date that is prior to expiration of the Option B A Exercise Period. Delivery of such notice is a pre-condition to exercise of Option B.A.

Appears in 1 contract

Sources: Purchase Option Agreement (Rock Energy Resources, Inc.)

Notice of Intent to Exercise. RER REP must deliver to the SMP Parties written notice by RER REP of its intent to exercise Option B. A. The notice must be signed by RER REP and delivered to the SMP Parties no later than three (3) Business Days prior to the earlier of (i) the intended Closing Date, and (ii) expiration of the Option B A Exercise Period. The notice must specify a Closing Date that is prior to expiration of the Option B A Exercise Period. Delivery of such notice is a pre-condition to exercise of Option B.A.

Appears in 1 contract

Sources: Purchase Option Agreement (Hanover Gold Co Inc)