Examples of Option Exercise Consideration in a sentence
Rhino shall deliver to Holdings certificates representing the Option Exercise Consideration Units and Rhino GP shall deliver to Holdings evidence, to Holdings’ satisfaction, of the transfer of the Rhino GP LLC Interest, in each case, free and clear of all Encumbrances other than Permitted Encumbrances.
Most of the mini-grids have generating units that are below the 100 kW licensing threshold defined in the law.
As of the Issuance and Transfer Upon Exercise, all corporate, partnership and limited liability company action, as the case may be, required to be taken by Royal, Rhino and Rhino GP or any of their respective partners or members for the authorization, issuance, sale, transfer and delivery of the Option Exercise Consideration Units and the Rhino GP LLC Interest shall have been validly taken, and no other authorization by any of such parties is required therefor.
If the Rate Increase Agent determines that the current aggregate market value of the Debentures is at least equal to 100.25% of the Cash Equivalent of the Aggregate Call Option Exercise Consideration (or the interest rate paid on the Debentures is already equal to or greater than the Maximum Debenture Rate (as hereinafter defined)), interest on the Debentures will continue to accrue at the Initial Interest Rate.
ADAC Radiology shall be entitled to offset against either the Option Grant Consideration and/or the Option Exercise Consideration the amount of any obligation owed by MTS or Xxxxxx to ADAC and ADAC Radiology pursuant to Section 9.1. ADDITIONAL AGREEMENTS.
The County on behalf of the Sheriff’s Office is seeking proposals from interested and qualified Proposers to provide comprehensive medical and mental health care services for inmates held and housed at the Kern County Sheriff’s Office Lerdo Pre-Trial Facility, Admission, Evaluation and Stabilization (“AES”) Center.
For the purposes of the Completion Statement, the aggregate amount of the Option Exercise Consideration due from all relevant Management Sellers shall be treated as Cash.
If and to the extent that all or any portion of the Option Grant Consideration and/or the Option Exercise Consideration is distributed to the MTS shareholders, it will be paid to such shareholders in proportion to their respective stockholdings as of the Option Exercise Closing Date.
The consideration for exercise of ----------------------------- the Option Units shall be a commitment by the Holder ("Option Exercise Consideration") to pay to the Company an amount equal to $2,000,000 minus the Option Fee (the "Commitment Amount") in accordance with the schedule set forth in Section 5.
If Buyer has not exercised Buyer’s Option and duly delivered the Exercise Notice to be given under the Xxxx Option Agreement and paid the Option Exercise Consideration to be paid under the Xxxx Option Agreement, if applicable, by January 1, 2015, Buyer agrees that Buyer’s Option shall terminate and Buyer shall lose its right to purchase the Xxxx Facility pursuant to the Xxxx Option Agreement.