Common use of Second Option Period Clause in Contracts

Second Option Period. With respect to the Second Option Period, the sum of Seven Thousand Five Hundred Dollars ($7,500.00 USD) (the “Second Option Payment”), payable promptly upon Company’s notice to Owners of such election. The Second Option Payment will be non-applicable against the Purchase Price.

Appears in 3 contracts

Sources: Screenplay Option/Purchase Agreement (American Picture House Corp), Screenplay Option/Purchase Agreement (American Picture House Corp), Screenplay Option/Purchase Agreement (American Picture House Corp)