Option Note definition

Option Note means the promissory note, dated as of November 14, 2006, in a principal amount equal to the Option Note Amount issued by The Community Foundation of Middle Tennessee in favor of the Parent Borrower.
Sample 1Sample 2Sample 3
Option Note has the meaning set forth in the Conversion Agreement.
Sample 1Sample 2Sample 3
Option Note means the Convertible Note, if any, issued pursuant to the Option Agreement.
Sample 1Sample 2

Examples of Option Note in a sentence

  • Option – South Mountain The Company has applied significant judgment in determining the fair value of the South Mountain Option (Note 4).

  • Executive's obligations under the Option Note will be secured by a pledge of all of the Management Option Shares, and in connection therewith Executive will enter into a pledge agreement in the form of Exhibit H attached hereto.

  • This menu offers four options, divided into two screens; the first screen contains three options: Option Note: Once one of these options has been set, wait until the controller completes the process.

  • Automatic Driver Installation Option Note: You must be logged in with superuser privileges (as root or with sudo access) in order to successfully install the AMD Catalyst proprietary driver for Linux.

  • The Option Note shall be pre-payable at any time and mature in full no later than five years from the date any funds were first advanced to the Executive under this Section 8(d).

  • Prior to the satisfaction of the requirements of clause (i) of the first sentence of this Section 10.7(d), the Parent Borrower will not permit any waiver, amendment, modification or termination of the Option Note or fail to enforce its right under the Option Note if the result of any of the foregoing would be adverse in any material respect to the Lenders.

  • Upon expiration of the Term of this Agreement, IXC's IRU (if any), IRU leases, Cash Option, Note Option and Additional Fiber Option shall immediately terminate (except to the extent they have already expired or terminated) and all rights of IXC to use the Vyvx System, or any part thereof, shall cease and Vyvx shall owe IXC no additional duties or consideration.

  • Expenditures on TV Tower are bifurcated as 60% to the Earn-in Option (Note 8) and 40% to the Company’s investment in Orta Truva (Note 9) in order to maintain the Company’s proportionate interest in Orta Truva until such time as the earn-in to an additional 20% has been completed.

  • Upon the exercise of the Option under the Conversion Agreement, under the terms and conditions set forth in the Conversion Agreement, Xxxxxx will execute the Option Note in the form attached to the Conversion Agreement as Exhibit B.

  • Transfer credits granted toward the baccalaureate degree: 60 • A maximum of 6 credits towards College Option (Note: College Option requirement will be clarified once student transfers).


More Definitions of Option Note

Option Note shall have the meaning set forth in Section 2.1(d).
Sample 1Sample 2
Option Note means that certain promissory note in the form attached hereto as Exhibit A-2, to be delivered, pursuant to Section 4.2(a) hereof, by WVM in favor of Bonxxxxx xx a principal amount not to exceed $5,281,300.
Sample 1
Option Note means the Alanex promissory note in the amount determined in accordance with Section 5.1b hereof in the form attached hereto as Exhibit B.
Sample 1

Related to Option Note

  • Option Notice has the meaning set forth in Section 5.2(a).

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

  • Put Option Agreement has the meaning set forth in the recitals.

  • Option means a stock option granted pursuant to the Plan.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • 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.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • 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.

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

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

  • Purchase Option As defined in Section 3.18(c).

  • Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.

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

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

  • 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.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Option Payment shall have the meaning set forth in Section 3.4.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

  • Option Contract means a standardised contract the effect of which is that a person acquires the option—

  • 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.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Option Certificate means the certificate, substantially in the form set out as Schedule “A” hereto, evidencing an Option;