Purchase Option Period As defined in Section 9.03(a) hereof.
Purchase Option Notice As defined in Section 3.18(e).
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.
Repurchase Option has the meaning set forth in Section 1.3(a) hereto.
Purchase Option As defined in Section 3.18(c).
Disposition Notice is defined in Section 5.2(a).
Put Right has the meaning set forth in Section 8.05(a).
Delivery ex stock means immediate delivery directly from stock actually on hand.
Demand Exercise Notice has the meaning set forth in Section 2.1(a).
Exercise Notice has the meaning set forth in Section 3.2(1);
Option means a stock option granted pursuant to the Plan.
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.
Conversion Right has the meaning provided in Section 4.5(a) hereof.
Financial Transmission Right Option means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(c), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(c).
Final disposition means the burial, interment, cremation, removal from the state, or other disposition of a dead body or fetus.
Call 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 payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.
Option Shares shall have the meaning ascribed to such term in Section 2.2(a).
Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).
Disposition or “Dispose” means the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith.
Disposition Event means any merger, consolidation or other business combination of the Corporation, whether effectuated through one transaction or series of related transactions (including a tender offer followed by a merger in which holders of Class A Common Stock receive the same consideration per share paid in the tender offer), unless, following such transaction, all or substantially all of the holders of the voting power of all outstanding classes of Common Stock and series of Preferred Stock that are generally entitled to vote in the election of Directors prior to such transaction or series of transactions, continue to hold a majority of the voting power of the surviving entity (or its parent) resulting from such transaction or series of transactions in substantially the same proportions as immediately prior to such transaction or series of transactions.
Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Dispositional hearing means a hearing to determine the order of disposition which should be made with respect to a child adjudged to be a ward of the court;
Option Securities shall have the meaning ascribed to such term in Section 2.2(a).
Exercise Shares means the shares of Common Stock issuable upon exercise of this Warrant.
Option Notice has the meaning set forth in Section 5.2(a).