Fixed Price Purchase Option definition

Fixed Price Purchase Option means the option of Lessee to purchase the Undivided Interest in accordance with Section 6.1(b) of the Lease.
Sample 1
Fixed Price Purchase Option means the purchase option of the Lessee provided for in Section 15.2(b) of the Facility Lease.
Sample 1
Fixed Price Purchase Option. Shall have the meaning set forth in the Leveraged Lease (as hereinafter defined).
Sample 1

Examples of Fixed Price Purchase Option in a sentence

  • Lessee's election of the Fixed Price Purchase Option will be irrevocable at the time made, but if Lessee fails to make a timely election, Lessee will be deemed, in the case of the Base Term and each Renewal Term then in effect (other than the last Renewal Term) to have irrevocably elected the Renewal Option and, in the case of the last Renewal Term applicable to each Unit, Lessee will be deemed to have irrevocably elected the Fixed Price Purchase Option with respect to such Unit.

  • Election of the Fixed Price Purchase Option for any Schedule shall be deemed to be Lessee's election of the Fixed Price Purchase Option for all Schedules.

  • The Basic Rent payable under Section 3.2 of the Lease, Stipulated Loss Values, Termination Values and the Fixed Price Purchase Option Amount applicable in respect of the Units are set forth, respectively, on the appropriate portions of Schedules 2, 3, 4 and 6 to the Participation Agreement.

  • If the Fixed Price Purchase Option is assigned to Bayer hereunder, the parties hereto agree that title to the EDNC Baytown Plant will automatically revert to Bayer.

  • Payment of the Fixed Price Purchase Option Amount, together with all other amounts due and owing by the Lessee under the Operative Agreements, shall be made at the place of payment specified in Section 3.6 hereof in immediately available funds and the Lessor shall transfer to the Lessee all of its right, title and interest in and to the Units on an "as-is, where-is" basis upon payment of the Fixed Price Purchase Option Amount and all such other amounts due and owing.

  • The Lessee shall give the Lessor irrevocable written notice not less than 12 months (and not more than 18 months) prior to the scheduled end of the Lease Term of its election to exercise the Fixed Price Purchase Option provided for in this Section 22.

  • At the end of the Lease Term, unless the Lessee has exercised the Fixed Price Purchase Option under Section 22, the Lessee shall surrender each Unit which is subject to the Lease at such time to Lessor at the Premises in accordance with the terms of this Section 6, and the Lessee shall promptly vacate the Premises.

  • Without limiting the foregoing, on and after the date the Lessees elect or are deemed to have elected the Fixed Price Purchase Option or the Sale Option, Agent shall have the unconditional right to demand the execution and delivery by each Lessee of bills of sale with respect to the Vehicles leased by such Lessee or such documentation as may be necessary to cause title to the Vehicles to be recorded in the name of Agent, for the benefit of the Lessors.

  • If for any reason Lessee fails to provide the Support Rights pursuant to Paragraph M of this Appendix, Lessee's exercise of the Sale Option will be revoked and Lessee will be deemed to have elected the Fixed Price Purchase Option.

  • Lessees' election of the Fixed Price Purchase Option will be irrevocable at the time made, but if Lessees fail to make a timely election, Lessees will be deemed, in the case of the Lease Term and each Renewal Term then in effect (other than the last Renewal Term) to have irrevocably elected the Renewal Option and, in the case of the last Renewal Term applicable to each Group of Vehicles, Lessees will be deemed to have irrevocably elected the Fixed Price Purchase Option with respect to such Group.


More Definitions of Fixed Price Purchase Option

Fixed Price Purchase Option means Charterer's option, pursuant --------------------------- to Section 15(a) of the Charter to purchase the Vessel at the end of the Base Charter Term, at the lesser of then Fair Market Sales Value or the percentage of Total Vessel Cost established as the Fixed Price Purchase Option Amount.
Sample 1
Fixed Price Purchase Option means *** which shall be paid by BMS in conjunction with the expiration or termination of the Baytown Nitric Acid Project and Supply Agreement in exchange for title to all assets comprising the Nitric Acid Facility except for those assets comprising the EDNLP Net Book Value.
Sample 1

Related to Fixed Price Purchase Option

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 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 2023-1 Vehicle for which the related 2023-1 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 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

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

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

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

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

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

  • 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.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • 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.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

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

  • 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 Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Warrant Exercise Price means $0.01 per share.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

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

  • 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.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.