Call Option Commencement Date definition

Call Option Commencement Date has the meaning set forth in Section 3.8(b).
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Call Option Commencement Date means the date on which NS determines that it desires to spin-off one hundred percent (100%) of the membership interests in the Company. NS Managing Member shall not be permitted to deliver a Call Notice within six (6) months of the end of a Spin-Off Blackout Period.
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Call Option Commencement Date means, with respect to any Executive Shares owned by any Executive, the earlier to occur of (i) the date on which the Employment of the Executive who owns such shares terminates for any reason or (ii) (A) April 18, 2003 with respect to KEEP Shares or (B) July 2, 1999 with respect to Non-KEEP Shares.
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Examples of Call Option Commencement Date in a sentence

  • If the Put Option --------------------------------------- has expired without being exercised, then commencing with the 70th day following the first anniversary of the Closing Date (the "Call Option Commencement Date"), RLI shall have the option to purchase (the "Call Option") the Option Joint Venture Assets from the Partnership.

  • Each Call Option shall be exercisable at any time or --------------- from time to time during the period (the "Call Option Exercise Period") beginning on the Call Option Commencement Date and ending on April 17, 2005.

  • Commencing on the First Call Option Commencement Date, the EBC Sponsor Member shall have the right (the “EBC First Call Option”), exercisable by notice in writing (the “EBC First Call Notice”) to the GR Member, to require the GR Member, or its Assignee, to sell and transfer fifty percent (50%) of the GR Member’s economic interest in the Manufacturing Division under Section 5.1(b)(iii) to the EBC Sponsor Member.

  • Commencing on the First Call Option Commencement Date, the GR Member shall have the right (the “GR First Call Option”), exercisable by notice in writing (the “GR First Call Notice”) to the EBC Sponsor Member, to require the EBC Sponsor Member, or its Assignee, to sell and transfer fifty percent (50%) of the EBC Sponsor Member and EBC Investor Member’s collective economic interest in the Cultivation Division under Section 5.1(a)(iii) to the GR Member.

  • The EBC First Call Option shall expire on the two (2) year anniversary of the First Call Option Commencement Date (the “First Call Option Expiration Date”).

  • RLI may exercise the Call Option at any time within the 60 days following the Call Option Commencement Date, by delivering written notice to the Partnership that it has determined to exercise the Call Option (the "Call Option Exercise Notice").

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