Maximum Purchase Option Amount definition

Maximum Purchase Option Amount means, as of any date, 75% of the highest Termination Value of all Properties held by the Lessor at any one time prior to such date. ANNEX A - RULES OF USAGE
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Maximum Purchase Option Amount means 75% of the highest ------------------------------ Termination Value of all Equipment owned by the Lessor at any one time during the period from the first anniversary of the Release Date to 12 months prior to the Expiration Date.
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Maximum Purchase Option Amount means sixty percent (60%) of the highest aggregate amount of the Maximum Property Cost at any time prior to the Maturity Date.
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Examples of Maximum Purchase Option Amount in a sentence

  • If six months prior to the Maturity Date, the then Termination Value of all the Equipment is less than the Maximum Purchase Option Amount, then on the Maturity Date Lessee shall be required to exercise its Maturity Date Purchase Option on the Maturity Date with respect to all remaining Equipment.

  • If on the Purchase Decision Date the then Termination Value of all the Properties is less than the Maximum Purchase Option Amount, then on the Maturity Date Lessee shall be required to exercise its Purchase Option on the Maturity Date with respect to all remaining Properties.

  • If on the date which is twelve months prior to the Maturity Date the then Termination Value of all the Properties (including any Substitute Property) is less than the Maximum Purchase Option Amount, then the Lessee shall be required to exercise its Purchase Option on the Maturity Date with respect to all remaining Properties.

  • If twelve (12) months prior to the Expiration Date, the then Termination Value of all the Equipment is less than the Maximum Purchase Option Amount, then on the Expiration Date Lessee shall be required to exercise its Expiration Date Purchase Option on the Expiration Date with respect to all remaining Equipment.

  • If on the date which is nine months prior to the Maturity Date the then Termination Value of all the Properties is less than the Maximum Purchase Option Amount, then on the Maturity Date Lessee shall be required to exercise its Purchase Option on the Maturity Date with respect to all remaining Properties.

  • If on the date which is twelve months prior to the Maturity Date the then Termination Value of all the Properties is less than the Maximum Purchase Option Amount, then on the Maturity Date Lessee shall be required to exercise its Purchase Option on the Maturity Date with respect to all remaining Properties.

  • If on the date which is ------------------------------------- twelve months prior to the Maturity Date the then Termination Value of all the Properties is less than the Maximum Purchase Option Amount, then on the Maturity Date Lessee shall be required to exercise its Purchase Option on the Maturity Date with respect to all remaining Properties.

  • If six months prior to the ------------------------------------ Maturity Date, the then Termination Value of all the Equipment is less than the Maximum Purchase Option Amount, then on the Maturity Date Lessee shall be required to exercise its Maturity Date Purchase Option on the Maturity Date with respect to all remaining Equipment.


More Definitions of Maximum Purchase Option Amount

Maximum Purchase Option Amount means 75% of the highest Termination Value of all Properties owned by the Lessor during the Term.
Sample 1
Maximum Purchase Option Amount means 75% of the highest Termination Value of all Equipment owned by the Lessor at any one time during the period from the first anniversary of the Initial Closing Date to 6 months prior to the Maturity Date.
Sample 1

Related to Maximum Purchase Option Amount

  • 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.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

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

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

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

  • 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.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

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

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

  • Put Price has the meaning set forth in Section 8.05(a).

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

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

  • Number of Shares As of any date, the product of (i) the Number of Options, (ii) the Conversion Rate and (iii) the Applicable Percentage.

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.