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 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.
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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 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 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 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.

  • 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.


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.
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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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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 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 Period As defined in Section 9.03(a) hereof.

  • 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.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • 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.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • 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 the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • 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 means a number of shares calculated as follows: Par / Geared Put Strike LPU rounded down to the nearest round lot as permitted by the Exchange for trading purposes, and the remaining fractional share amount (being the “Residual Amount”) shall be paid in USD as the Cash Residual; and

  • Interest Shares means the shares of Common Stock and the related Preferred Share Purchase Rights issuable in payment of interest on the Note.