Purchase Option Contract definition

Purchase Option Contract means any contract granting the Company or any Restricted Subsidiary the option to purchase one or more Vessels and/or any Related Business Assets or any asset to be used or useful in a Permitted Business, including any amendments, supplements or modifications thereto.
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Purchase Option Contract means the contract that gives the Participant, during a stated fixed period, the right to buy a specified number of full and/or fractional Shares of common stock of the Corporation at a stated Exercise Price regardless of the Fair Market Value of the Shares at the time of exercise.
Sample 1

Examples of Purchase Option Contract in a sentence

  • For the avoidance of doubt, the Parties acknowledge that, in addition to the debt under this Contract, the principal debt secured by the equity pledge under this section also includes all the debts owed by the Borrowers and the Borrower Company to the Lender under the Exclusive Business Cooperation Agreement, the Exclusive Purchase Option Contract and the Power of Attorney Agreement (as defined below).

  • Definition” clause of the Equity Pledge Contract is revised to read as follows: “Contractual Obligations” shall refer to all the obligations of the Pledgers under the Exclusive Purchase Option Contract, Power of Attorney Agreement, Loan Contract and this Contract; as well as all the obligations of Party C under the Exclusive Business Cooperation Agreement, Exclusive Purchase Option Contract and this Contract.

  • Energy Power Purchase Option Contract: The type of contract described in subparagraph c) of paragraph 13.4.1 of the Commercial Coordinating Regulation No. 13 of the AMM.

  • No term or condition of this agreement or the transaction contemplated hereby shall be construed or deemed a waiver of Buyer’s rights as set forth in the above-referenced Purchase Option Contract.

  • No term or condition set forth in the above-referenced Purchase Option Contract or in this agreement shall merge or be deemed to merge with the deed and all terms and conditions set forth in this agreement and said Purchase Option Contract shall survive the closing and remain enforceable pursuant to their terms.

  • Party A has full ownership of the assets and the assets are free from leases, liens, mortgages, guarantees or other encumbrances except for the performance of the Purchase Option Contract.

  • Land Purchase Option Contract Language Accounting for Impact Fees at the Purchase of Land 101Appendix D.

  • The mere fact that LUMINA or its assignee subscribes said public deed of acceptance shall means that the purchase and sale operation is formalized, being understood that it is made up by this Purchase Option Contract and said acceptance deed.

  • In the event of a default by Seller under said Purchase Option Contract or under this agreement, all costs and expenses, including but not limited to reasonable attorney’s fees incurred by Buyer in connection with enforcement of the terms of said agreements, whether such costs are incurred in connection with a settlement or with litigation, shall be reimbursed by Seller to Buyer promptly upon demand therefore and submission of a bill of particulars.

  • Land Purchase Option Contract Language Accounting for Impact Fees at the Purchase of Land 968Appendix D.

Related to Purchase Option Contract

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

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

  • Option Contract means a standardised contract the effect of which is that a person acquires the option—

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

  • 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.

  • Put Option Agreement has the meaning set forth in the recitals.

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

  • Option means a stock option granted pursuant to the Plan.

  • Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.

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

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • 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.

  • 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.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • 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.

  • 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.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient;

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

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

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.