Common use of Third Installment Clause in Contracts

Third Installment. Commencing on the second anniversary of the Option Date, the Option may be fully exercised to the extent that it has not previously been exercised.

Appears in 2 contracts

Sources: Stock Option Agreement (Ventas Inc), Stock Option Agreement (Ventas Inc)

Third Installment. Commencing on the second [third][second] anniversary of the Option Date, the Option may be fully exercised to the extent that it has not previously been exercised.

Appears in 1 contract

Sources: Stock Option Agreement (Care Capital Properties, Inc.)