Group I Put Option definition
Group I Put Option means the option to sell the Group I Student Loans to the Put Option Provider on the Put Option Exercise Date, for the related Put Option Exercise Price, created pursuant to the terms of the Group I Put Option Agreement.
Group I Put Option means the option to sell the Group I Student Loans to the Put Option Provider on the Put Option Exercise Date, for the related Put Option Exercise Price, as set forth in this Agreement.
Examples of Group I Put Option in a sentence
We hereby certify that such Group I Put Option Exercise Price is at least equal to the excess of (i) the Minimum Acceptable Put Option Exercise Price over (ii) all sums on deposit in the Group I Reserve Account.
Pursuant to Section 4 of the Group I Put Option Agreement, we hereby notify you of our intention to exercise the Group I Put Option on the Put Option Exercise Date, at the Group I Put Option Exercise Price of $_____________________.