Purchase Election definition

Purchase Election will have the meaning set forth in Section 3.1.1(c).

Purchase Election has the meaning set forth in Section 4.5(c) hereof.

Purchase Election means an election made by a Trust Beneficiary to purchase, without the payment of commissions or other fees, additional shares of Common Stock to be deposited in the Trust and allocated to the Trust Beneficiary in accordance with the Purchase and Sale Program Procedures and Section 5.2.

Examples of Purchase Election in a sentence

• Promptly after the Consenting Party’s receipt of the Purchase Election Notice, the Partnership and the Nonconsenting Party shall enter into a purchase and sale agreement for the Property which shall contain no due diligence period and no contingency clauses and shall contain the same terms set forth in such offer (including, without limitation, the same purchase price and the same deposits.

• Any Trust Beneficiary making a Purchase Election shall be required to deliver funds for this purchase in an amount of at least $250 (or such lesser amount as may be required to purchase, at the closing price of the Common Stock on the trading day immediately prior to the mailing of such funds, a number of shares that MetLife Policyholder Trust Agreement would cause it to hold the 1,000 maximum number of Interests described above).

• Upon Landlord's receipt of Tenant's Purchase Election, the parties shall negotiate reasonably and in good faith for a period of thirty (30) days (the " Negotiation Period") in order to finalize and execute a mutually acceptable purchase and sale agreement setting forth such terms (the "Contract").

• Trust Beneficiaries making a Purchase Election shall not be required to pay any brokerage commissions, mailing charges, registration fees or other administrative or similar expenses.

• The Purchase Election is subject to the limitation that the Trust Beneficiary may hold, after the purchase through the Purchase and Sale Program and allocation of an equal number of Interests to the Trust Beneficiary, no more than 1,000 Interests.

More Definitions of Purchase Election

Purchase Election shall have the meaning ascribed to such term in Section 2.4.1(a) of this Agreement.

Purchase Election shall have the meaning set forth in Section ----------------- 2.1(b). "Purchase Offer" shall have the meaning set forth in Section 2.1(b). -------------- "Purchase Offer Payment Date" shall have the meaning set forth in --------------------------- Section 2.1(b). "Registrable Securities" shall mean the shares of Common Stock ---------------------- issuable upon exercise of the Warrants. As to any particular Registrable Securities, such securities shall cease to be Registrable Securities when (i)a Registration Statement with respect to such securities shall

Purchase Election shall have the meaning set forth in Section 10.1.8.

Purchase Election has the meaning defined in the License and Development Agreement.

Purchase Election has the meaning set forth in Section 8.1(c).

Purchase Election shall have the meaning set forth in Section 13.4 below. (mm) "Put/Call Notice" shall have the meaning set forth in Section 13.6(g) below.

Purchase Election shall have the meaning set forth in Section 2.1(b).