Extension Option Fee definition

Extension Option Fee means $0.4247 per Share.
Sample 1Sample 2Sample 3
Extension Option Fee. As defined in Sections 5.1, 5.2, 5.3, 5.4, and 5.5 of this Agreement.
Sample 1
Extension Option Fee as defined in Section 2.2(a).
Sample 1

Examples of Extension Option Fee in a sentence

  • For avoidance of doubt, (i) upon any expiration or termination of the SRA, including expiration as a result of Sponsor’s failure to pay the November 2020 Extension Option Fee pursuant to Section 1 of this Amendment, or (ii) if Licensee fails to exercise its Extension Option, the Exclusivity Rights will automatically terminate.

  • TPG shall pay to KILICO the Subordinate Debt Price, and KILICO shall pay to TPG the amount of any Extension Option Fee Credit.

  • Upon timely payment of the November 2020 Extension Option Fee, Licensee’s rights under Sections 3.1(i) and 5.2 of the License Agreement (the “Exclusivity Rights”) shall be deemed to have continued in effect without pause or interruption.

  • If Sponsor fails to pay the November 2020 Extension Option Fee, (a) the SRA shall be deemed and hereby is deemed to have expired effective June 30, 2020, and (b) Sponsor shall have no further rights under the SRA, including under Section 2 of this Amendment.

  • Upon timely payment of the November 2020 Extension Option Fee (as defined in Amendment No. 6 to the License Agreement) and execution of this Amendment No. 6 to the SRA, the SRA and Sponsor’s rights under Sections 3.1(i) and 5.2 of the License Agreement (the “Exclusivity Rights”) shall be deemed to have continued in effect without pause or interruption.

  • For avoidance of doubt, (i) upon any expiration or termination of the SRA, including expiration as a result of Sponsor’s failure to pay the November 2020 Extension Option Fee or (ii) if Sponsor fails to exercise its Extension Option (as defined in the License Agreement), the Exclusivity Rights will automatically terminate.

  • If the Closing does not occur as the result of a breach or default by Seller, all of the Xxxxxxx Money and all accrued interest earned thereon, together with the Extension Option Fee, shall be immediately refunded to Purchaser, and the parties shall promptly execute and deliver cancellation instructions to the Escrow Agent.

  • The Extension Option Fee shall be fully-earned by Seller upon receipt thereof, shall be non-refundable and immediately released to Seller without requiring the consent or approval of Purchaser and shall not be applicable to the Purchase Price at Closing.

  • In order to exercise the License Extension Option, Toshiba must notify Transmeta thereof in writing by no later than [* * *] and pay to Transmeta the applicable License Extension Option Fee of [* * *], which fee will be payable no later than [* * *].

  • If Sponsor fails to timely pay the November 2020 Extension Option Fee, (a) the Exclusivity Rights shall be deemed and hereby are deemed to have expired effective June 30, 2020, and (b) Sponsor shall have no further rights in respect of the Exclusivity Rights, including under Section 1(B) of this Amendment.


More Definitions of Extension Option Fee

Extension Option Fee means the fee to be agreed between the Arranger, the Banks and the Company for the extension of the original Repayment Date.
Sample 1

Related to Extension Option Fee

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

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Option Fee means an amount equal to 7% of the Specified Amount;

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

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Option to Extend has the meaning given that term in Section 2.13.

  • Extension Fee means the fee payable to the Trustee on each occasion the Manager, upon a Participating Dealer’s request, grants the Participation Dealer an extended settlement in respect of a Creation Application or Redemption Application.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Extension Term means the time period defined in §2.C.

  • 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.

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Extension Notice has the meaning specified in Section 308.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Non-Extension Drawing has the meaning specified in Section 3.5(d).

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

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

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Option Payment shall have the meaning set forth in Section 3.4.

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

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Modification Fee means a fee, if any, collected from a Mortgagor by the Master Servicer in connection with a modification of any Mortgage Loan other than a Specially Serviced Mortgage Loan or collected by the Special Servicer in connection with the modification of a Specially Serviced Mortgage Loan.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.