Purchase Option Exercise Period definition

Purchase Option Exercise Period shall have the meaning set forth in Section 5.07(a).
Purchase Option Exercise Period has the meaning set forth in Section 15.1 (EFS Purchase Options).
Purchase Option Exercise Period and the closing of the Purchase Option shall occur on or before the forty-fifth (45th) day after the Purchase Option Notice is delivered. To the extent that more than one of the Company and/or the Shareholders desire to exercise such option to acquire the Lender Acquired Shares, then such option shall be an option exercisable first by the Company and then to the extent not fully exercised by the Company, jointly by the Shareholders with respect to the remaining Lender Acquired Shares to the extent of their respective pro rata interests (as defined below); provided, however, in no event shall the option to acquire the Lender Acquired Shares be exercisable with respect to less than the entirety of the Lender Acquired Shares. For purposes of this Section 7(b), the term “pro rata interest” shall mean the ratio of the number of shares of Common Stock held by a Purchase Option Exercising Party (other than the Company) to the number of shares of Common Stock held by all Purchase Option Exercising Parties (other than the Company). At such closing, the Holder of the Lender Acquired Shares shall deliver any and all certificates, instruments and/or other documents representing the Lender Acquired Shares free and clear of the security interests of the Lenders, in a form reasonably requested by the Purchase Option Exercising Party, but without recourse or warranty, express or implied, and the Purchase Option Exercising Party shall deliver a bank or certified check (or wire transfer) to the Holder of the Lender Acquired Shares, in an amount equal to the Exercise Price for the Lender Acquired Shares.

Examples of Purchase Option Exercise Period in a sentence

  • The failure of the Company to respond within the Company Purchase Option Exercise Period shall be deemed to be an irrevocable waiver of the Company Purchase Option in respect of such Aegis Intention Notice but without prejudice to the rights and obligations of Aegis and the Company under this Section 12.12 regarding any future Aegis Intention Notice and Company Purchase Option.

  • Such closing date is the "Assumed Accounts Purchase Date." EFS shall notify Bank in writing of a Nominated Purchaser's intent to purchase the Purchased Assets and the Assumed Liabilities (an "Exercise Notice") no later than one hundred twenty (120) days after the Termination Date of this Agreement or of any Product Schedule (the "Purchase Option Exercise Period").

  • In the event that Seller delivers the Purchase Option Exercise Notice to Buyer prior to the expiration of the Purchase Option Exercise Period, then Buyer shall sell, assign, transfer and convey to Seller, and Seller shall purchase and acquire the Property subject to and in accordance with the terms and conditions set forth in this Section 16.1.

  • EFS may designate different Nominated Purchasers with respect to different EFS Purchase Options and with respect to different Financial Products, and may designate a substitute or replacement Nominated Purchaser, but each thereof shall be deemed to be the “Nominated Purchaser” as defined in this Section 15.1. If EFS does not provide the Exercise Notice to Bank before the expiration of the Purchase Option Exercise Period, then the EFS Purchase Option under this Section 15.1 shall expire.

  • Buyer shall have an option (the "Purchase ------------------- -------- Option") to purchase all of the remaining outstanding Membership Interests in ------ the Company as held by Sellers, by delivering written notice (the "Purchase -------- Option Notice") to Sellers during the Purchase Option Exercise Period.

  • EFS may designate different Nominated Purchasers with respect to different EFS Purchase Options and with respect to different Financial Products, and may designate a substitute or replacement Nominated Purchaser, but each thereof shall be deemed to be the "Nominated Purchaser" as defined in this Section 15.1. If EFS does not provide the Exercise Notice to Bank before the expiration of the Purchase Option Exercise Period, then the EFS Purchase Option under this Section 15.1 shall expire.

  • The failure of an Eligible Holder to respond within the Eligible Holder’s Purchase Option Exercise Period shall be deemed to be an irrevocable waiver of such Eligible Holder’s Purchase Option in respect of such Xxxx Intention Notice (but without prejudice to the rights and obligations of the Xxxx Offeror and Eligible Holder under this Clause 10.2 regarding any further Xxxx Intention Notice and Eligible Holder Purchase Option).

  • EFS will notify Meta in writing of its intent to exercise the EFS Purchase Option and of the Nominated Purchaser's intent to purchase and assume the Purchased Meta Accounts (an "Exercise Notice") at any time either during the Term or up to one hundred eighty (180) days after the Termination Date (the "Purchase Option Exercise Period").

  • The failure of the Company to respond within the Company Purchase Option Exercise Period shall be deemed to be an irrevocable waiver of the Company Purchase Option in respect of such Aegis Intention Notice but without prejudice to the rights and obligations of Aegis and the Company under this Clause 11.1 regarding any future Aegis Intention Notice and Company Purchase Option.

  • The Notice of Exercise shall (A) designate a purchase date (the “Par Purchase Date”) on which the purchase shall occur during the Par Purchase Option Exercise Period and (B) set forth the identities (including legal names) of each of the Par Purchasers together with the respective percentages of the Loan Agreement Obligations to be purchased by such Persons.


More Definitions of Purchase Option Exercise Period

Purchase Option Exercise Period means, with respect to any Customer Vehicle, seven(7) calendar days from the date the Valid Offer was redeemed (or an Offer was generated by Customer in the Admin Tool, as applicable) for a consumer with respect to such vehicle, provided, that where the seventh day falls on a Sunday, the Purchase Option Exercise Period shall be extended through Monday.
Purchase Option Exercise Period shall have the meaning given to such term in Section 16.1 hereof.
Purchase Option Exercise Period means the period commencing December 31, 2014 and ending ninety (90) calendar days after receipt of the audited US GAAP financial statements of TEMSA and CGESJ for the fiscal year 2014.
Purchase Option Exercise Period to require the Seller to repurchase from the Purchaser the Assigned Interests for a repurchase price equal to (i) [**]% of the aggregate amount of payments made during the preceding [**] months (calculated from the date of the Purchaser’s receipt of the notice from the Seller of the Purchase Option Event) by SKPI to Purchaser with respect to DepoCyt and DepoDur and any related Reformulated Product (including, if and to the extent applicable, such payments made to the Purchaser with respect to DepoCyt and DepoDur and any related Reformulated Product prior to the date of this Agreement pursuant to the Original RIAA), multiplied by (ii) the number of days from the date of the Purchaser’s exercise of such option until December 31, 2014, divided by 365 (the “Repurchase Price”). In the event that the Purchaser elects to exercise its right as provided in the immediately preceding sentence, then the Seller shall, within forty-five (45) days following the Seller’s receipt of the Purchaser’s repurchase election notice (the “Repurchase Period”), repurchase from the Purchaser the Assigned Interests at the Repurchase Price, the payment of which shall be made by wire transfer, in immediately available funds, to the Purchaser’s Account designated by the Purchaser in such election notice.
Purchase Option Exercise Period. 10.2(a) “Purchased Shares” 10.2(a) “Redemption/Put Amount” 7.1 “Regulation 10 Violation Event” 7.1 “Relevant Buyer” 10.7(a)(ii) “Restricted Portion Notice” 5.5(b) “Restricted Portion” 5.5(a) “Restructuring” 7.1 “Rights Issuance Portion” 4.1 “Rights Offering Notice” 4.2

Related to Purchase Option Exercise Period

  • Option Exercise Period has the meaning set forth in Section 6.4.

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

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.

  • 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.

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Option Exercise Date has the meaning specified in Section 2.1.

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

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

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

  • Initial Warrant Exercise Date means __________, 1997.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Post-Termination Exercise Period means the period following termination of a Participant’s Continuous Service within which an Option or SAR is exercisable, as specified in Section 4(h).

  • Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.

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

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Initial Exercise Date shall have the meaning ascribed to such term in the Preamble.

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

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

  • Warrant Exercise Price means $0.05 per share.

  • Option Period means the period during which an Option may be exercised.

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

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

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;