Project Purchase Option definition

Project Purchase Option means the right, but not the obligation, of Buyer, in its sole discretion, to purchase the Facility and certain related assets from Seller in accordance with the provisions of the Option Agreement.
Project Purchase Option shall have the meaning ascribed to it in Section 2.1. “Provided Materials” shall have the meaning ascribed to it in Section 3.19.
Project Purchase Option shall have the meaning provided in the Power Purchase Agreement.

Examples of Project Purchase Option in a sentence

  • In the event Buyer elects to exercise the Project Purchase Option, this Agreement shall terminate effective upon the Closing under the Option Agreement unless sooner terminated as otherwise herein provided.

  • But these things are never an entirely smooth road, you have to be ready for some speed bumps along the way and build flexibility into your plans.

  • Unless a Closing occurs pursuant to the exercise by Buyers of the ROFO or the Project Purchase Option, no Buyer shall be responsible for any cost of decommissioning or demolition of the Facility or any environmental or other liability associated with the decommissioning or demolition of the Facility without regard to the timing or cause of the decommissioning or demolition.

  • Unless a Closing occurs pursuant to the exercise by Buyer of the Project Purchase Option, Buyer shall not be responsible for any cost of decommissioning or demolition of the Facility or any environmental or other liability associated with the decommissioning or demolition without regard to the timing or cause of the decommissioning or demolition.

  • Unless a Closing occurs pursuant to the exercise by Buyer of the ROFO, ROFR or the Project Purchase Option, Buyer shall not be responsible for any cost of decommissioning or demolition of the Facility or any environmental or other liability associated with the decommissioning or demolition of the Facility without regard to the timing or cause of the decommissioning or demolition.

  • If, pursuant to a written agreement entered into by Buyers, one or more Buyers elect to exercise the Project Purchase Option, this Agreement shall terminate effective upon the Closing.

  • There are no Proceedings pending, or to such Exercising Buyer’s knowledge, threatened, against such Exercising Buyer which could materially and adversely affect its ability to perform its obligations with respect to the purchase of the Facility Assets pursuant to the Project Purchase Option.

  • Further, the student is required to inform the Audiology Head Start Coordinator of the switch in the schedule prior to the date of the screening.

  • Bloomfield and Gerald Fitzgerald, Boundary Waters Problems of Canada and the United States: The International Joint Commission 1912–1958 (Toronto: Carswell, 1958); Robert Bothwell, Canada and the UnitedStates: The Politics of Partnership (New York: Twayne Publishers, 1992); John Bartlett Brebner, North Atlantic Triangle: The Interplay of Canada, the United States and Great Britain (Toronto: Ryerson Press, 1945); Gerald Craig, The United States and Canada (Cambridge, MA: Harvard University Press, 1968); G.

  • If, pursuant to a written agreement entered into by Xxxxx, Buyer elects to exercise the Project Purchase Option, this Agreement shall terminate effective upon the Closing under the Option Agreement, unless sooner terminated as otherwise herein provided.


More Definitions of Project Purchase Option

Project Purchase Option shall have the meaning ascribed to it in Section 2.1. Exhibit 1.1 – Page 8 #4811-9039-0041v4
Project Purchase Option. See Section 8.2.
Project Purchase Option is defined in Recital E hereto. “PWRPA” is defined in Recital A hereto.

Related to Project Purchase Option

  • Purchase Option Notice As defined in Section 3.18(e).

  • Purchase Option As defined in Section 3.18(c).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2024-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2024-1 Vehicle for which the related 2024-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2024-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • SPAC Warrants means SPAC Private Warrants and SPAC Public Warrants, collectively.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Warrant Agreements means those agreements entered into in connection with the Loan, substantially in the form attached hereto as Exhibit B pursuant to which Borrower granted Lender the right to purchase that number of shares of Series B Preferred Stock of Borrower as more particularly set forth therein.

  • New Warrant Agreement means that certain agreement providing for, among other things, the issuance and terms of the New Warrants issued by New Valaris Holdco as set forth in the Restructuring Term Sheet.

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Warrant Purchase Agreement means a warrant purchase agreement under which a Warrant is issued entered into by Borrower and an Affiliate of Lenders contemporaneously with the execution of this Loan Agreement.

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • 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.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Placement Agreement means the Placement Agreement relating to the offering and sale of Capital Securities in the form of Exhibit C.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;