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

Purchase Option shall have the meaning given to such term in Section 20.1 of the Lease.

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

Examples of Purchase Option in a sentence

If at any time StadCo does not approve of the appraised value determined pursuant to this Section 11.2 (Option to Purchase), StadCo may elect to cancel the Exercise Notice and its exercise of the Purchase Option thereunder.
If at any time StadCo does not approve of the Purchase Price determined pursuant to this Section 11.2 (Option to Purchase) and elects to cancel the Exercise Notice and its exercise of the Purchase Option thereunder, in which case the terms of Section 2.3 (Extension Option) shall apply; provided, for the avoidance of doubt, the time for exercising such Extension Option shall be considered timely hereunder.
For the avoidance of doubt, the Purchase Option shall be available at the end of the Initial Term and all subsequent Extension Periods.
If the Purchase Option is exercised, the purchase price for the Premises shall be the market value of “the Major League Baseball stadium project” (the “Purchase Price”).
If the Purchase Option is exercised, the purchase price of the Solar System shall be equal to the Purchase Price at the proposed date of purchase.

More Definitions of Purchase Option

Purchase Option has the meaning specified in Section 7.4(a).

Purchase Option has the meaning set forth in Section 1(a) of the Purchase Option Agreement.

Purchase Option. The meaning set forth in Section 9.2(a) hereof.

Purchase Option has the meaning set forth in Section 15.2(a).

Purchase Option is defined in Section 9.4(a).

Purchase Option means the option granted to the holder of Xxxxxx Corp. II's Special Common Stock to purchase all of the Xxxxxx Corp. II Common Stock as set forth in Article V of the Xxxxxx Corp. II Charter.