Purchase Option Expiration Date definition

Purchase Option Expiration Date has the meaning set forth in Section 2.3(a).
Purchase Option Expiration Date has the meaning set forth in Section 2.2(a).
Purchase Option Expiration Date means, with respect to any one or more Product Schedules or the entire Agreement, as applicable, the earliest date upon which one of the following occurs: (a) EFS issues a No Interest Notice, (b) the Purchase Option Exercise Period has expired without EFS issuing an Exercise Notice, (c) the time period for EFS or its designee to enter into a purchase agreement(s) for the purchase of the Purchased Assets and the assumption of the Assumed Liabilities has expired and EFS or its designee has not entered into such agreement(s) as set forth in Section 15.4 (Purchase Mechanics), (d) the time period for EFS or its designee to consummate the purchase of the Purchased Assets and the assumption of the Assumed Liabilities under the purchase agreement(s) has expired and EFS or its designee has not consummated such purchase as set forth in Section 15.4 (Purchase Mechanics), (e) the purchase and assumption agreement for the Purchased Assets and the Assumed Liabilities has been terminated by a Party as permitted pursuant to the terms thereof, or (f) EFS (or its permitted designee) otherwise ceases to have the option to purchase the Purchased Assets and assume the Assumed Liabilities.

Examples of Purchase Option Expiration Date in a sentence

  • Purchaser may exercise the Purchase Option by delivery of written notice to Seller of its election to exercise the Purchase Option on or before the Purchase Option Expiration Date.

  • All representations, warranties, covenants, and obligations in this Agreement and the certificates and other Transaction Documents delivered pursuant to Section 2.3 will survive until twelve (12) months following the Purchase Option Expiration Date; provided, the representations, warranties and covenants made under Section 3.3 (Title to Shares) shall survive indefinitely.

  • If a Purchase Option Expiration Date occurs, the Accounts retained by Bank shall be liquidated pursuant to the provisions of Section 15.6 (Wind-down by Bank); provided, however, that nothing in this Section 15.3(c) shall be construed as limiting or relieving the obligation of Bank and EFS to use commercially reasonable efforts to consummate the purchase of the Purchased Assets and the assumption of the Assumed Liabilities after EFS delivers an Exercise Notice.

  • Purchaser shall have the right, but not the obligation, to purchase 300,000 of the remaining Shares owned by Seller after the Second Closing (the "Option Shares"), at any time after the Second Closing and on or before June 30, 2004 (the "Purchase Option Expiration Date"), for a purchase price of $2.75 per share (the "Purchase Option Purchase Price").

  • The affirmative vote of a majority of the issued and outstanding shares of Special Common Stock required by this Section 4.4(c) shall continue until the earliest of (i) the exercise of the Purchase Option; (ii) the Purchase Option Expiration Date or (iii) the date of termination of the Purchase Option pursuant to Section 5.10 hereof, at which time such requirement shall terminate.

  • Notwithstanding the foregoing, Owner shall not unreasonably withhold its consent to Manager's request for a 30-day extension of such Closing Date provided that Manager deposits the equity funds required to close the Purchase Option into escrow and provides Owner with reasonable evidence of financing prior to the applicable Purchase Option Expiration Date, and reimburses Owner for any additional costs incurred by such extension.

  • This right of the holder of Special Common Stock shall continue until the earliest of (i) the exercise of the Purchase Option (as defined in Article V), (ii) the Purchase Option Expiration Date (as defined in Article V) or (iii) the date of termination of the Purchase Option pursuant to Section 5.10 hereof, at which time such right shall terminate.

  • The affirmative vote of a majority of the issued and outstanding shares of Special Common Stock required by this Section 4.4(c) shall continue until the earliest of (A) the exercise of the Stock Purchase Option, (B) the Stock Purchase Option Expiration Date and (C) the date of termination of the Stock Purchase Option with respect to both Ligand and Allergan pursuant to Section 5.10(a) hereof, at which time such requirement will terminate.

  • If this Purchase Option is exercised, the closing shall occur and the Deed for each Facility shall be delivered to Title Company (the "Closing") pursuant to escrow closing arrangements reasonably satisfactory to Owners and Emeritus at 12:00 o'clock noon (P.S.T.) one hundred eighty (180) days following delivery of the Purchase Option Notice but in no event later than the Purchase Option Expiration Date (such time, as the same may be extended to the next succeeding Business Day, the "Time of Closing").

  • If the Purchase Option Expiration Date is not a Business Day (as defined below), then the Purchase Option Expiration Date shall be 11:59 p.m., San Diego time, on the next succeeding Business Day.


More Definitions of Purchase Option Expiration Date

Purchase Option Expiration Date means the earliest to occur of (i) the second anniversary of the Purchase Option Issuance Date and (ii) the exercise in full of the Purchase Option.
Purchase Option Expiration Date has the meaning set forth in the Company LLC Agreement.
Purchase Option Expiration Date means, with respect to any one or more Product Schedules or the entire Agreement, as applicable, the earliest date upon which one of the following occurs: (a) EFS issues a No Interest Notice, (b) the Purchase Option Exercise Period has expired without EFS issuing an Exercise Notice, (c) the time period for EFS or its designee to enter into a purchase agreement(s) for the purchase of the Purchased Assets and the assumption of the Assumed Liabilities has expired and EFS or its designee has not entered into such agreement(s) as set forth in Section 15.4 (Purchase Mechanics),(d) the time period for EFS or its designee to consummate the purchase of the Purchased Assets and the assumption of the Assumed Liabilities under the purchase agreement(s) has expired and EFS or its designee has not consummated such purchase as set forth in Section 15.4 (Purchase Mechanics), (e) the purchase and assumption agreement for the Purchased Assets and the Assumed Liabilities has been terminated by a Party as permitted pursuant to the terms thereof, or (f) EFS (or its permitted designee) otherwise ceases to have the option to purchase the Purchased Assets and assume the Assumed Liabilities.
Purchase Option Expiration Date shall have the meaning given in Schedule 10.4(a) (Purchase Option).
Purchase Option Expiration Date shall have the meaning set forth in Section 9.6(b)(i).
Purchase Option Expiration Date means the earliest to occur of (i) the third anniversary of the Purchase Option Exercise Date, (ii) the exercise in full of the Purchase Option and (iii) if the Investor shall fail to satisfy its obligation to purchase shares of Common Stock under this Agreement and such failure shall continue without cure for a period of ten (10) Trading Days after the Investor's receipt of a notice from the Company stating that the Company reasonably believes that the Investor has failed to so satisfy its obligation, the Trading Day immediately following the last Trading Day of such ten (10) Trading Day period.

Related to Purchase Option Expiration Date

  • Option Expiration Date means the last day of the maximum term of an Option.

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2024-1 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 2024-1 Vehicle for which the related 2024-1 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 2024-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • L/C Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Stated Expiration Date has the meaning specified in Section 3.05(d).

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

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

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

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Fundamental Change Expiration Time shall have the meaning specified in Section 16.02(b)(ix).

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Offer Expiration Date has the meaning specified in Section 4.04(e) hereof.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

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

  • 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).