Example ContractsClausesavailment optionsVariants
Availment Options
Availment Options contract clause examples

Seller may exercise the Fixed Price Option at any time during the period between and including the seven (7) month anniversary of the Closing Date and the thirty-five (35) month anniversary of the Closing Date by delivering a Notice of Exercise to Buyer.

Seller may exercise the Floating Price Option at any time during the period between and including the thirty-six (36) month anniversary of the Closing Date and the forty-two (42) month anniversary of the Closing Date by delivering a Notice of Exercise to Buyer.

Buyer may exercise the Call Option at any time during the period between and including the thirty-six (36) month anniversary of the Closing Date and the forty-two (42) month anniversary of the Closing Date by delivering a Notice of Exercise to Seller.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.