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 *** 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
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

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.

  • Upon having given such notice, the Lessee will be unconditionally committed to purchase the Undivided Interest on the Fixed Price Purchase Option Date for the Purchase Price in accordance with Section 6.1(b) and Section 6.3, if applicable.

  • Section 22 of the Lease grants an end of lease term Fixed Price Purchase Option (“Purchase Option”) to purchase the personal property subject to the Lease (the “Nitric Acid Plant”) under certain conditions.

  • 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.

  • In such case, the Event of Loss shall be deemed to have occurred on the 41st day preceding the last day of the Lease Term, unless the Lessee has exercised its Fixed Price Purchase Option pursuant to Section 22 hereof, and, all payments received by the Lessor or the Lessee from any Governmental Authority for the use of such Unit after the Lease Term shall be applied in the manner set forth in the final proviso to Section 11.

  • The (mis)use of the schooF outraged peopFe. It 'was changed to a miFitary bastion' reported one.

  • 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.

  • Both his son and son’s mother are listed as protected persons on the order.


More Definitions of Fixed Price Purchase Option

Fixed Price Purchase Option. Shall have the meaning set forth in the Leveraged Lease (as hereinafter defined).
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

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 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.

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

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

  • 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 provided in Section 4.5(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.

  • Offer Price or Purchase (Public Offer) Price means the sum to be paid by the investor for purchase of one Unit, such price to be determined pursuant to this document.

  • Warrant Exercise Price means $0.05 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. Unless and until the Current Warrant Price is adjusted pursuant to the terms herein, the initial Current Warrant Price shall be $2.36 per share of Common Stock.

  • 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.