Option Notes definition

Option Notes. See the second introductory paragraph hereto.

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Option Notes shall have the meaning set forth in the preamble.

Option Notes means Notes in an aggregate principal amount of up to $5,000,000 issued pursuant to the terms of the Purchase Agreement at one or more Option Closings (as defined in the Purchase Agreement).

Examples of Option Notes in a sentence

• After the Registration Statement becomes effective, the several Underwriters propose to offer for sale to the public the Firm Notes and any Option Notes which may be sold at the price and upon the terms set forth in the Final Prospectus.

• Neither the Preliminary Prospectus, the Prospectus nor any amendment or supplement thereto, at the time the Prospectus or any such amendment or supplement was issued and at the Closing Time (and, if any Option Notes are purchased, at the Date of Delivery), included or will include any untrue statement of a material fact or omitted or will omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.

• One or more global notes (collectively, the “Option Global Note”) shall be delivered by or on behalf of the Company to the nominee of DTC for the respective accounts of the Underwriters, with any transfer taxes payable in connection with the sale of the Option Notes duly paid by the Company, against payment by or on behalf of the Underwriters of the purchase price therefor by wire transfer of Federal (same-day) funds to the account specified to the Representatives by the Company.

• The Underwriters shall not be under any obligation to purchase any Option Notes prior to the exercise of such option.

• The time and date of such delivery and payment shall be 10:00 a.m., New York City time, at the Designated Office, on the date specified by the Representatives in the notice given by the Representatives to the Company of the Underwriters’ election to purchase such Option Notes or on such other time and date as the Company and the Representatives may agree upon in writing.

More Definitions of Option Notes

Option Notes means the Convertible Notes, if any, issued pursuant to the Option Agreement.

Option Notes shall (A) exclude the Set- tlement Notes and (B) include any and all other Secondary Notes held by the Fort ▇▇▇▇▇ Subsidiaries on the date hereof and any and all Secondary Notes issued by Holdings after the date hereof and on or before the Option Closing, together in each case with any accrued interest thereon. Subject to the terms and conditions hereof, the Fort ▇▇▇▇▇ Entities and the Crown Vantage Entities wish to amend the Purchase Agreement, the 11.45% Notes and the form of Indenture relating thereto by means of an amendment agreement (the "Note Amendment") being executed concurrently herewith in the form attached hereto as Exhibit 2, which will become effective as provided therein. In consideration of the mutual benefits to be derived from this Agreement and of the representations, warranties, conditions, agreements and promises contained herein and other good and valuable consideration, the parties agree as follows:

Option Notes has the meaning provided in Section 2.03(b).

Option Notes shall have the meaning specified in Section 2.02(a).

Option Notes means Notes in an aggregate principal amount of up to $7,140,000 issued pursuant to the terms of the Purchase Agreement at one or more Option Closings (as defined in the Purchase Agreement).

Option Notes shall have the meaning set forth in Section 2(a) hereof.

Option Notes has the meaning specified in the recitals of the parties hereof.