Option Purchase Amount definition

Option Purchase Amount means (i) $64,000,000 for the Wichita Falls Pipeline, (ii) $6,500,000 for the Ringgold Storage Facility or (iii) $5,600,000 for the Southlake Terminal, respectively.
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Option Purchase Amount means [redacted amount], being the aggregate amount paid in cash by the Corporation to certain Option Holders in consideration for the purchase by the Corporation of the Purchased Options prior to Closing.
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Option Purchase Amount shall be the amount equal to the aggregate amount payable to all holders of holders of options to acquire PTI common stock pursuant to Section 1.6(e) of the Merger Agreement, as described in Section 3.3
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Examples of Option Purchase Amount in a sentence

  • The Option Purchase Amount shall mean the average closing bid price of the Company's Common Stock on the Nasdaq Small-Cap market or such other market in which the Company's Common Stock is then traded over five (5) trading days prior to the termination less the exercise price of such options.

  • The Executive shall also continue to receive his Base Salary, and be entitled to all benefits described in Section 5, until payment of the Option Purchase Amount, plus interest, if any, at which time payment of the Base Salary and entitlement to the benefits described in Section 5 shall terminate unless otherwise provided in this Agreement.

  • In the event the Option Purchase Amount is not paid to the Executive within five business days of the occurrence of any triggering event described in the first sentence of this Section 13, the Option Purchase Agreement shall accrue interest at an interest rate of 10% per annum, until the Option Purchase Amount, plus such accrued interest, is paid to the Executive.

  • In the event the Executive is entitled to liquidated damages upon a Change of Control as provided in Section 11(a) hereof or if the Employment Period is terminated by the Company without Cause, or by the Executive with Good Reason, the Company shall purchase from the Executive, any and all stock options granted by the Company and held by the Executive at the time of termination or Change of Control, whether or not vested, for a price equal to the Option Purchase Amount.

  • If the Employment Period is terminated by the Company without Cause, or by the Executive with Good Reason, the Company shall (at Executive's option) purchase from the Executive, any and all stock options granted by the Company and held by the Executive at the time of termination, whether or not vested, for a price equal to the Option Purchase Amount.

  • Any obligation of Buyer to pay the Option Purchase Amount for Shareholder Shares acquired through exercise of the Option, as such Option Purchase Amount may be adjusted pursuant to Sections 1.2, 1.3 or 1.4(a), shall survive termination of this Agreement.

  • The Purchaser shall deliver via wire transfers of immediately available funds an amount equal to the Option Purchase Amount, 50% of which shall be delivered to the Escrow Agent, and 50% of which shall be delivered to the Company (or as otherwise instructed in writing by the Company).

  • The Surviving Corporation will pay the Option Purchase Amount for payment pursuant to Section 1.6(e) as soon as practical after the Closing.

  • The number of shares of Class A Common Stock being purchased by the Purchaser at the Option Closing shall be a number equal to (i) the Option Purchase Amount divided by (ii) the per share purchase price in the Tranche 1 Purchase (rounded down to the nearest whole share).

  • In the event the Option Purchase Amount is not paid to the Executive within five business days of the occurrence of any triggering event described in the first sentence of this Section 14, the Option Purchase Agreement shall accrue interest at an interest rate of 10% per annum, until the Option Purchase Amount, plus such accrued interest, is paid to the Executive.


More Definitions of Option Purchase Amount

Option Purchase Amount has the meaning specified in Section 5(b).
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Option Purchase Amount shall be the amount equal to ----------------------- the aggregate amount payable to all holders of Company Options pursuant to Section 1.6(e) below.
Sample 1
Option Purchase Amount means (i) $64,000,000 for the Wichita Falls Pipeline, (ii) $6,500,000 for the Ringgold Storage Facility or (iii)
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Related to Option Purchase Amount

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

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

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

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • 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.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Aggregate Supplemental Purchase Amount with respect to this Supplemental Transfer Agreement shall be $________; provided, however, that such amount shall not exceed the amount on deposit in the Supplemental Loan Account.

  • Total Purchase Price means the aggregate amount payable by the Purchaser as set out in Appendix A of this Agreement.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Exercise Amount has the meaning set forth in Section 2(a).

  • 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.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Optional Purchase Percentage means 5%.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

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

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Receivables Purchase Price means $1,375,000,017.71.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

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

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;