Partial Purchase Option definition

Partial Purchase Option means the call option granted by the Issuer to the Originator pursuant to article 17 of the Master Transfer Agreement.

Partial Purchase Option is defined in Section 14.1(b) of the Lease.

Partial Purchase Option shall have, with respect to either Purchase Agreement, the meaning given to that term in Paragraph 2.02 of such Purchase Agreement.

Examples of Partial Purchase Option in a sentence

• Lessee has executed this Notice of Partial Purchase Option Exercise on the date set forth above.

• Upon the purchase by Lessee of Lessor's interest in a Leased Property upon the exercise of a Partial Purchase Option, the purchase price for such Leased Property shall be an amount equal to the Leased Property Balance for such Leased Property as of the closing date for such purchase, plus any amount due pursuant to Section 7.5(f) of the Master Agreement as a result of such purchase.

• Each Notice of Partial Purchase Option Exercise shall be delivered as required by Subparagraph 2.02(c) and Paragraph 7.01 of the Participation Agreement; provided, however, that Lessee shall promptly deliver the original of any Notice of Partial Purchase Option Exercise initially delivered by facsimile.

• If a Partial Purchase Option is exercised pursuant to the foregoing, subject to the provisions set forth in this Article XIV, on the applicable purchase date, Lessor shall convey to the related Lessee, and such Lessee shall purchase from Lessor, Lessor's interest in the Leased Property that is the subject of such Partial Purchase Option pursuant to Section 14.5.

• Upon the purchase by a Lessee of Lessor's interest in a Leased Property upon the exercise of a Partial Purchase Option, the purchase price for such Leased Property shall be an amount equal to the Leased Property Balance for such Leased Property as of the closing date for such purchase, plus any amount due pursuant to Section 7.5(f) of the Master Agreement as the result of such purchase.

More Definitions of Partial Purchase Option

Partial Purchase Option shall have the meaning set forth in Section 20.1(b) of the Lease.

Partial Purchase Option is defined in Section 20.1(a) of the Lease.

Partial Purchase Option reading in their entirety as follows, are added thereto in the appropriate alphabetical order:

Partial Purchase Option has the meaning assigned to that term in the Intercreditor Agreement.

Partial Purchase Option is defined in Section 15.14 of the Participation Agreement.

Partial Purchase Option is defined in Section 18.2 of the Master Lease.

Partial Purchase Option shall have the meaning ascribed thereto in Section 2.4(a).