Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.
Option Term means the period beginning on the Grant Date of an Option and ending on the expiration date of such Option, as specified in the Award Agreement for such Option and as may, consistent with the provisions of the Plan, be extended from time to time by the Board prior to the expiration date of such Option then in effect.
Option Term means the maximum term of an Option as set forth in Section 7.3.
Examples of Option Term in a sentence
NEW OPTION TERM Begin date: End date: MAXIMUM COMPENSATION for New Option Term: For the option term exercised by this Notice, CITY shall pay CONSULTANT an amount not to exceed the amount set forth above for CONSULTANT’s services and reimbursable expenses, if any.
If at any time during the Option Term Optionee has performed all of the conditions as set forth in Clause 6 (CONDITIONS) to the satisfaction of the Chief Real Estate Officer, Optionee may exercise the Option by giving the Chief Real Estate Officer written notice of election do so, accompanied by properly executed copies of the Lease in triplicate.
More Definitions of Option Term
Option Term means a period, if any, through which this Agreement may be or has been extended by the Court.
Option Term means the period beginning on the Grant Date of an Option and ending on the date such Option expires, terminates or is cancelled.
Option Term means the period of 20 years commencing on 1 January 1993 and expiring on 31 December 2012;
Option Term means a period, if any, through which this Agreement may be or has been extended by the Judicial Council.
Option Term shall have the meaning ascribed to such term in Section 3 of this Agreement.
Option Term shall have the meaning ascribed to such term in Section 2 herein.
Option Term means the period of time during which an Option is exercisable as the Committee shall determine at the time of grant; provided, however, no Option shall be exercisable later than the tenth anniversary of its grant date.