EBO Price definition

EBO Price. Has the meaning set forth in Section 4.02(a)(F) of the Lease.

EBO Price means, with respect to each EBO Date, the amount set forth opposite such EBO Date in Schedule 1 hereto, as adjusted pursuant to Section 1.5 of the Agreement to Acquire and Charter.

EBO Price. Has the meaning specified in Section 4.02(a)(F)

Examples of EBO Price in a sentence

• In that case, the Charterer shall pay to the Owner, on the applicable EBO Date, or if such date is not a Business Day on the next succeeding Business Day, in Dollars and in immediately available funds (1) the applicable EBO Price (subject to Clause 74(ii) hereof), plus (2) any unpaid Basic Hire due or accrued on or prior to the applicable EBO Date and not otherwise already paid.

• If in connection with the exercise of its purchase option hereunder, the Charterer elects to assume the debt secured by the Mortgage on the Vessel pursuant to the Debt Assumption Agreement, then the amount of such debt plus all accrued and unpaid interest so assumed shall be applied as a credit against the EBO Price.

• In that case, the EBO Price shall be reduced by the amount of such debt plus all accrued and unpaid interest so assumed.

• Payment of the EBO Price, applicable sales taxes, together with all other amounts due and owing by Lessee under the Lease (including, without limitation, Rent) on or before the EBO Date, shall be made on the EBO Date in immediately available funds.

• The EBO Price represents the parties present best estimate of the fair market value of the Equipment on the EBO Date determined by using commercially reasonable methods which are standard in the industry.

More Definitions of EBO Price

EBO Price as specified in Schedule 5 to the Lease, as adjusted pursuant toss. 3.2.1 of the Lease.

EBO Price is defined in Schedule 1 to the Lease (as adjusted in accordance with Section 3.2.1 of the Lease).

EBO Price means the amounts specified as such in Section 5 of Project Lease Supplement No. 1 or, if executed, and Project Lease Supplement No. 2.

EBO Price has the meaning set forth in ss. 16

EBO Price and "EBO Date", respectively) and Section 6.5 of the Indenture. In the event that the Lessee does not elect to purchase the Facility for the Determined Price and upon the Determined Terms, concurrently with the prepayment of all, but not less than all, of the Facility Notes pursuant to Section 6.4 of the Indenture and payment of all amounts due thereunder, the Facility may be sold by the Lessor at the Determined Price and upon the Determined Terms at any time during the period of two hundred seventy (270) days following the giving by the Lessee of a notice that it does not intend to exercise its right of first offer (or in the case of the deemed waiver by the Lessee of its right of first offer, during the period of 270 days following the expiration of the aforementioned 30-day period during which the Lessee shall have the right to accept the offer), without the need to offer the Facility to the Lessee pursuant to the provisions of this Section 21. The Facility shall not be sold (1) at any price or upon any terms materially more favorable to the purchaser than those contained in the offer to the Lessee or (2) at a time after such 270-day period, in each case without first having again complied with the provisions of this Section 21. Any failure of the Lessee to exercise its rights pursuant to this Section 21 shall in no event diminish, waive or extinguish its rights with respect to any subsequent proposed sale or transfer.

EBO Price has the meaning given to such term in Exhibit B to the Lease.

EBO Price. EXCLUDED PAYMENTS", "MATERIALLY ADVERSE TAX EVENT", "NEW DEBT", "REFUNDING CERTIFICATE", "REFUNDING DATE", "REFUNDING INFORMATION", "RENEWAL LEASE TERM", "RENEWAL NOTICE", "RENEWAL RENT", "RENEWAL RENT CAP", "RENEWAL TERM EXPIRATION DATE", "SUBSEQUENT RENEWAL LEASE TERM", "TAX ATTRIBUTE PERIOD" and "TAX INDEMNITY AGREEMENT" are hereby deleted from Annex A to the Original Lease in their entirety.