Option Purchase Date definition

Option Purchase Date has the meaning ascribed to it in the Indenture.

Option Purchase Date has the meaning set forth in Section 15(b)(i).

Option Purchase Date. 5.2(a) "Option Purchase Price" 5.2

Examples of Option Purchase Date in a sentence

• At the end of the Initial Term and each Extension Term, and at the beginning of Contract Year 7, 10, and Contract Year 25 (each such date, an “Option Purchase Date”), so long as Customer is not in default under this Agreement, Customer may purchase the System from Seller on any such Option Purchase Date for the applicable Good Standing Purchase Price.

• Customer must provide a notification to Seller (the “Option Exercise Notice”) of its intent to purchase at least 90 days and not more than 180 days prior to the applicable Option Purchase Date, and the purchase shall be completed prior to or effective as of such Option Purchase Date.

• Notwithstanding anything herein to the contrary, any Holder delivering to the Paying Agent the Option Purchase Notice contemplated by this Section 5.2(c) shall have the right to withdraw such Option Purchase Notice at any time prior to 5:00 p.m., New York City time, on the Business Day immediately preceding the Option Purchase Date by delivery of a written notice of withdrawal to the Paying Agent in accordance with Section 5.3(b).

• The Option Purchase Date shall be mutually agreeable to Landlord and Tenant.

• Furthermore, if the Tenant shall fail to give the aforesaid Option Exercise Notice within the applicable time period specified above, TIME BEING OF THE ESSENCE, the Option to purchase the Premises on the applicable Option Purchase Date for which such Option Exercise Notice is required shall cease and terminate and shall be null and void.

More Definitions of Option Purchase Date

Option Purchase Date has the meaning specified in Section 4.02(a).

Option Purchase Date means any date occurring on or after July 1, 1999 but not sooner than six months after the notice of exercise as to the first facility to be purchased.

Option Purchase Date means February 28, 2008; provided, however that (i) if Tenant timely and properly exercises its option to extend the Term by the first Extended Term as provided in Section 3.2, the Option Purchase Date shall mean February 28, 2013, (ii) if Tenant thereafter timely and properly exercises its option to extend the Term by the second Extended Term as provided in Section 3.2, the Option Purchase Date shall mean February 28, 2018 and (iii) if Tenant timely and properly exercises its option to extend the Term by the third Extended Term as provided in Section 3.2, the Option Purchase Date shall mean February 28, 2023.

Option Purchase Date means the Option Purchase Date as defined in Paragraph 28.

Option Purchase Date means the date on which the Accounts are purchased pursuant to the Purchase Option.

Option Purchase Date means the date each year on which Options are purchased under this Plan by a Participant.

Option Purchase Date has the meaning specified in Section 7.1(1).