Examples of Purchase Option Purchase Price in a sentence
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").
In connection with the exercise of the Portfolio Purchase Option, the Portfolio Option Holder will be required to deposit the Portfolio Purchase Option Purchase Price into the Transaction Account, no later than on the day falling two Business Days prior to the Interest Payment Date on which the Notes are to be redeemed, or such later date as may be agreed with the Note Trustee and the Security Trustee or take such other action agreed with the Security Trustee.
If the Purchase Option Purchase Price is agreed between Lessee and Owner within [REDACTED] days of the receipt of the Purchase Option Notice, the Purchase Option Purchase Price shall be documented in a purchase agreement within a further period of [REDACTED] days, which shall be in form and substance acceptable to Lessee and Owner.
Upon such defeasance, Lender shall release the Liens of the Related Mortgages and other Loan Documents with respect to the Purchase Option Property as set forth in Section 2.11 and the Central Cash Management Period, if triggered by the agreement of the Tenant Purchaser and Borrower upon the Purchase Option Purchase Price, shall be terminated.
In connection with the exercise of the Option Holder Portfolio Purchase Option, the Option Holder will be required to deposit the full amount of the Option Holder Portfolio Purchase Option Purchase Price into the Deposit Account on the date falling no later than on the day falling two Business Days prior to the Interest Payment Date on which the Notes are to be redeemed or take such other action agreed with the Security Trustee.
Purchaser shall have the right, but not the obligation, to purchase 84,700 of the remaining Shares (the "Purchase Option") 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 estimated net proceeds from the Rights Issue will be not less than approximately HK$199.9 million.
Borrower shall notify Lender again within ten Business Days after Borrower and the Tenant Purchaser have agreed, pursuant to the related lease, upon the purchase price to be paid for the Purchase Option Property (the "Purchase Option Purchase Price"), which notice shall state the Purchase Option Purchase Price.
To the extent that the Seller and/or the Retention Holder (or the relevant purchaser) (as applicable) holds any of the Notes or Certificates, it may set off from the Portfolio Purchase Option Purchase Price an amount equal to the amounts due to it as Noteholder or Certificateholder on the Interest Payment Date on which the Notes are to be redeemed.
Upon Lender's receipt of such notice of the Purchase Option Purchase Price, if the Purchase Option Purchase Price is less than 105% of the Defeasance Deposit required to defease a portion of the Loan equal to the Release Price of the Purchase Option Property (as reasonably determined by Lender), a Central Cash Management Period shall commence.