Purchase Option Amount definition

Purchase Option Amount has the meaning set forth in Section 28.2 of the Lease Agreement.
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Purchase Option Amount shall have the meaning given to such term in Section 28(b) hereof.
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Purchase Option Amount. With respect to each Lease Pool for which the Head Lessee has elected to exercise the Head Lessee Purchase Option, an amount equal to the sum of:
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Examples of Purchase Option Amount in a sentence

  • If six months prior to the Maturity Date, the then Termination Value of all the Equipment is less than the Maximum Purchase Option Amount, then on the Maturity Date Lessee shall be required to exercise its Maturity Date Purchase Option on the Maturity Date with respect to all remaining Equipment.

  • If on the date which is twelve months prior to the Maturity Date the then Termination Value of all the Properties (including any Substitute Property) is less than the Maximum Purchase Option Amount, then the Lessee shall be required to exercise its Purchase Option on the Maturity Date with respect to all remaining Properties.

  • If twelve (12) months prior to the Expiration Date, the then Termination Value of all the Equipment is less than the Maximum Purchase Option Amount, then on the Expiration Date Lessee shall be required to exercise its Expiration Date Purchase Option on the Expiration Date with respect to all remaining Equipment.

  • If Obligor gives such written notice to Obligee same shall constitute a binding obligation of Obligor to purchase Obligee's interest in all of such Items of Equipment and to pay Obligee the Purchase Option Amount on the Termination Date thereof.

  • Boston Beer may, in its sole discretion, set off against the then applicable Purchase Option Amount under the Equipment Lease for [*] and the Equipment Lease for Required Additional Equipment in lieu of payment of a Volume Adjustment Payment in cash, it being understood that any such offset shall first be applied to any outstanding amount owed under the Equipment Lease for [*].

  • If Lessee fails to give such written notice to Lessor, such failure shall constitute an election and a binding obligation of Lessee to exercise the purchase option hereunder and to pay Lessor the Purchase Option Amount with respect thereto on the Termination Date.

  • If Lessee has not timely satisfied the obligations and conditions set forth in Section 6.1 with respect to the redelivery of each and every Item of Equipment, then Lessee shall be deemed to have exercised the purchase option set forth in Section 28.2 hereof and Lessee shall pay to Lessor the Purchase Option Amount with respect to all Items of Equipment.

  • Its founders, Valérie Dumans and Philippe de Roux, both met in the field while working in Philippines on a micro-credit programme of an NGO called InterAide.

  • If on the Purchase Decision Date the then Termination Value of all the Properties is less than the Maximum Purchase Option Amount, then on the Maturity Date Lessee shall be required to exercise its Purchase Option on the Maturity Date with respect to all remaining Properties.

  • If Lessee gives such written notice to Lessor same shall constitute a binding obligation of Lessee to purchase all of such Items of Equipment and to pay Lessor the Purchase Option Amount on the Termination Date thereof.


More Definitions of Purchase Option Amount

Purchase Option Amount has the meaning set forth in Section 2.3.
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Purchase Option Amount shall have the meaning given to such term in ------------------------ Section 28(b) hereof.
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Purchase Option Amount means the amount specified as such in the relevant Payment Schedule;
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Purchase Option Amount. Has the meaning set forth in Section 1 of the Head Lease.
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Related to Purchase Option Amount

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 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 2018-1 Vehicle for which the related 2018-1 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 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

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

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

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

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

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

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

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

  • Conversion Amount means the sum of the Stated Value at issue.

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

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.