Final Closing Purchase Right definition

Final Closing Purchase Right means Hydro’s right to purchase all of a KCN Investment Entity’s Units on the Final Closing Date, as provided in its KCN Financing Agreement, and described in subsection 4.6.4 of this JKDA.
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Final Closing Purchase Right means the right of Hydro to purchase all of FLCNKII’s Units, if at the Final Closing Date, FLCNKII has not by that date either made the mandatory payment required pursuant to section 2.5(1), or exercised its Final Closing Sale Right.
Sample 1
Final Closing Purchase Right means the right of Hydro to purchase all of the YFFNLP’s Units, if at the Final Closing Date, the YFFNLP has not by that date either made the mandatory payment required pursuant to section 2.5(1), or exercised its Final Closing Sale Right.
Sample 1

Examples of Final Closing Purchase Right in a sentence

  • The Final Closing Purchase Right and the JKDA Termination Purchase Right may only be exercised by Hydro giving a Notice of Purchase to FLCNKII in the manner set out in section 5.4.

  • The Final Closing Purchase Right and the JKDA Termination Purchase Right may only be exercised by Hydro giving a Notice of Purchase to the CNPLP in the manner set out in section 5.4.

  • The Final Closing Purchase Right and the JKDA Termination Purchase Right may only be exercised by Hydro giving a Notice of Purchase to the YFFNLP in the manner set out in section 5.4.


More Definitions of Final Closing Purchase Right

Final Closing Purchase Right means the right of Hydro to purchase all of the CNPLP’s Units, if at the Final Closing Date, the CNPLP has not by that date either made the mandatory payment required pursuant to section 2.5(1), or exercised its Final Closing Sale Right.
Sample 1

Related to Final Closing Purchase Right

  • 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.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Second Closing has the meaning set forth in Section 2.2.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Failed Remarketing Condition—Purchased VRDP Shares means that the Liquidity Provider acquires and continues to be the beneficial owner for federal income tax purposes of any shares of a Series of VRDP Shares in connection with purchases made pursuant to the Purchase Obligation (whether as a result of an unsuccessful Remarketing or a Mandatory Purchase) on any Purchase Date, including shares of a Series of VRDP Shares that the Liquidity Provider continues to be the beneficial owner of for federal income tax purposes after the expiration or termination of the VRDP Shares Purchase Agreement.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Fund, at a Redemption Price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a period of six months during which such VRDP Shares cannot be successfully remarketed (i.e., a Failed Remarketing Condition--Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Fund on a first-in, first-out basis, in accordance with and subject to the provisions of the VRDP Fee Agreement and this Statement.

  • Final Closing means the last closing under the Private Placement;

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Second Closing Date means the date of the Second Closing.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

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

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • 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.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Failed Remarketing Condition—Unpurchased VRDP Shares means that a Beneficial Owner (other than the Liquidity Provider or its affiliates) continues to hold VRDP Shares, that were subject to a Tender in accordance with this Agreement, after any Purchase Date as a result of the failure by the Liquidity Provider for any reason to purchase such VRDP Shares pursuant to the Purchase Obligation (whether as a result of an unsuccessful Remarketing or a Mandatory Purchase) ("Unpurchased VRDP Shares"), until such time as all Outstanding Unpurchased VRDP Shares are (i) successfully remarketed pursuant to a Remarketing, (ii) purchased by the Liquidity Provider pursuant to the Purchase Obligation, or (iii) if not successfully remarketed pursuant to a Remarketing or purchased by the Liquidity Provider pursuant to the Purchase Obligation, the subject of a validly tendered Notice of Revocation (or any combination of the foregoing); and any Unpurchased VRDP Shares shall be deemed tendered for Remarketing until the earliest to occur of the foregoing events (i), (ii) or (iii) with respect to such Unpurchased VRDP Shares.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.