Early Buyout Option definition

Early Buyout Option means Lessee’s option to purchase the Equipment during the Term in accordance with the terms set forth in Section 5.1 hereof.
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Early Buyout Option shall have the meaning specified in Section 21.1 of the Project Lease.
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Early Buyout Option. At its option beginning with the fourth (4th) month following the Rent Commencement Date, Lessee may purchase all of the Product in its then "as is" condition at its location when the option is exercised. Except for lease with Fair Market Value purchase options, the purchase price shall be determined from the referenced Early Buyout Schedule. The early buyout purchase price for leases with Fair Market Value purchase options shall be such that Lessor's projected yield from the lease shall be preserved.
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Examples of Early Buyout Option in a sentence

  • The Parties intend that a County Certificate of Acceptance will be executed for each Solar Energy System as soon as the installation is complete and County is receiving the benefit of the services described in Section 3.4. Both before and after Acceptance, but prior to exercise of the Early Buyout Option, risk of loss or damage shall remain with ARI.


More Definitions of Early Buyout Option

Early Buyout Option. With not less than 120 days prior written notice to Lessor, Lessee may exercise its option to purchase not less than all of the Equipment, on an ‘as is, where is’ basis, on the last day of the sixtieth (60th) month of the Base Lease Term for a purchase price equivalent to 29.18 % of the original Capitalized Equipment Cost (the ‘EBO Amount’) which Lessee shall agree represents a reasonable prediction of the Fair Market Value of the Equipment at the time the option is exercised.
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Related to Early Buyout Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Buyout means an arrangement or arrangements involving the

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Early Closure means the closure on any Exchange Business Day of the Exchange or the Related Exchange(s) prior to its closing time, unless such earlier closing time is announced by the Exchange or Related Exchange(s) at least one hour prior to the earlier of: (i) the actual closing time for the regular trading session on the Exchange or Related Exchange(s) on such Exchange Business Day and (ii) the submission deadline for orders to be entered into the Exchange or Related Exchange system for execution at the Valuation Time on such Exchange Business Day.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Option means a stock option granted pursuant to the Plan.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Put Right has the meaning set forth in Section 8.05(a).

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • 'Survivor's Option means, where applicable, the right of a holder of a Note to require the Company to repay such Note prior to its Stated Maturity upon the death of the owner of such Note, subject to the provisions hereof relating to such option."

  • Optional Purchase Date As defined in Section 8.01(a) of the Servicing Agreement. Optional Purchase Percentage: 10.00%.