Expiration Date Purchase Option definition

Expiration Date Purchase Option means the Lessee's option to purchase all (but not less than all) of the Properties on the Expiration Date.
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Expiration Date Purchase Option shall have the meaning given to that term in Subparagraph 3.01(b) of the Purchase Agreement.
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Expiration Date Purchase Option means the Lessee's option to ------------------------------- purchase all of the Equipment on the Expiration Date in accordance with Section 20.2 of the Lease.
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Examples of Expiration Date Purchase Option in a sentence

  • Lessee has executed this Notice of Expiration Date Purchase Option Exercise on the date set forth above.

  • The Notice of Marketing Option Exercise or the Notice of Expiration Date Purchase Option Exercise shall be delivered as required by Subparagraph 2.02(c) and Paragraph 7.01 of the Participation Agreement; provided, however, that Lessee shall promptly deliver to Lessor the original of any such notice initially delivered by facsimile.

  • Not less than 90 days and no more than 180 days prior to the Expiration Date, Lessee may give Lessor and Agent written notice (the "Expiration Date Election Notice") that Lessee is electing to exercise the Expiration Date Purchase Option or the option of Lessee to remarket and sell the Properties pursuant to Section 22.

  • If twelve (12) months prior to the Expiration Date, the then Termination Value of all the Equipment is less than the Maximum Purchase Option Amount, then on the Expiration Date Lessee shall be required to exercise its Expiration Date Purchase Option on the Expiration Date with respect to all remaining Equipment.

  • If Lessee has not given notice of exercise of its Expiration Date Purchase Option pursuant to Section 20.2, then not more than 120 days nor less than 60 days prior to the Expiration Date, Lessee shall, at its sole cost and expense, provide to Lessor a report by a reputable environmental consultant selected by Lessee, which report shall be in form and substance satisfactory to Lessor.

  • If Lessee is purchasing the Property pursuant to the Expiration Date Purchase Option, Lessee shall pay to Lessor on the Expiration Date of the Lease Agreement, as the purchase price for the Property, an amount equal to the Outstanding Lease Amount on such date.

  • If Lessee is purchasing the Facility 2 Property pursuant to the Expiration Date Purchase Option, Lessee shall pay to Lessor on the Expiration Date of the Facility 2 Lease Agreement, as the purchase price for the Facility 2 Property, an amount equal to the Outstanding Lease Amount under Facility 2 on such date.

  • Purchase the Facility 1 Property itself pursuant to Paragraph 3.03 (the "Expiration Date Purchase Option").

  • If Lessee is purchasing the Facility 1 Property pursuant to the Expiration Date Purchase Option, Lessee shall pay to Lessor on the Expiration Date of the Facility 1 Lease Agreement, as the purchase price for the Facility 1 Property, an amount equal to the Outstanding Lease Amount under Facility 1 on such date.

  • If any Property is the subject of remediation efforts respecting Hazardous Substances at the Expiration Date which could materially and adversely impact the Fair Market Sales Value of such Property, then Lessee shall be obligated to repurchase each such Property pursuant to Section 20.1. Prior to the Expiration Date, Lessee may rescind its election to remarket the Properties pursuant to Section 22.1 and elect instead the Expiration Date Purchase Option.

Related to Expiration Date Purchase Option

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Purchase Option As defined in Section 3.18(c).

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

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Initial Exercise Date shall have the meaning ascribed to such term in the Preamble.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Series B Purchase Agreement has the meaning set forth in the Recitals.

  • Option Expiration Date means the last day of the maximum term of an Option.

  • Initial Warrant Exercise Date means __________, 1997.

  • Renewal Option has the meaning set forth in §12.1.

  • 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.

  • 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.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).