Optional Payment Date definition
Optional Payment Date means any date during the term of this Contract upon which the City may unconditionally purchase the Project for the then applicable Option Price as provided in Section 1302 hereof.
Optional Payment Date means the Business Day which the City may elect, pursuant to Section
Optional Payment Date means the Business Day which the City may elect pursuant to Section 14.01 hereof to purchase the Leased Property for the then applicable Option Price.
Examples of Optional Payment Date in a sentence
The City hereby agrees to deposit with the Trustee an amount equal to such purchase price on or before the Optional Payment Date.
The notice shall state the intent of the City to prepay a portion of its Base Rentals, the proposed Optional Payment Date, the proposed Optional Redemption Date for the Bonds to be redeemed, and the principal amount of the Bonds to be redeemed.
The Optional Payment Date shall be any Business Day designated by the City as herein provided.
More Definitions of Optional Payment Date
Optional Payment Date means any March 1 or September 1 during the term of the Lease upon which the Lessee may purchase the Project for the then applicable Option Price, in accordance with Section 13.01 of the Lease.
Optional Payment Date means any date during the Lease Term as specified in the Lease upon which the District, pursuant to Section 11.1 of the Lease, may elect to purchase the Facilities for the then applicable Option Purchase Price.