Put Option 2 definition

Put Option 2 means the notarized agreement dated 12 November 2018 for the option to enter into the sale and purchase agreement in respect of Participation Interest 2 between Seller’s Member 2 and Yandex Technologies, pursuant to which Yandex Technologies has offered to Seller’s Member 2 to enter into the sale and purchase agreement in respect of Participation Interest 2;
Put Option 2 shall have the meaning ascribed to it in Article 6.
Put Option 2 means the definition or description as is otherwise ascribed to such term in Section 10.2.1 of this Agreement.

Examples of Put Option 2 in a sentence

  • Critique: These are more costly systems than loop detector techniques and also require high maintenance cost, which makes it prohibitive to deploy these in India.

  • Except as provided in Section 2.2(e)(iii)(B), (A) if the Seller makes a Put Option 1 Election, then the Seller cannot make a Put Option 2 Election, and (B) if the Seller makes a Put Option 2 Election, then the Seller cannot make a Put Option 1 Election.

  • Further, Paragraph 6.3. of the Share Purchase Agreement provides that the transfer of any Put Option 2 Shares to DT from the HR shall require the entering into a separate written agreement, substantially in the form of the Share Purchase Agreement, with such adjustments as the Parties will deem necessary in view of the prevailing circumstances.

  • The Put Option 2 becomes exercisable at the Put Option 2 Price by HR irrevocably giving Notice (the "Put Option 2 Exercise Notice") to DT of its intent to exercise the Put Option 2, specifying therein the exact number of the Put Option 2 Shares and the date for the transfer thereof, which shall be the third (3rd) Business Day after the expiration of one month from receipt by DT of the Put Option 2 Exercise Notice, namely the 11th of July, 2011 (the "Put Option 2 Date").

  • If the value of the Put Shares delivered to the Investor causes the Company to exceed the Maximum Commitment Amount, then the Investor shall return to the Company the surplus amount of Put Shares associated with such Option 1 Put, Option 2 Put or Option 3 Put, and such applicable purchase Price shall be reduced by any Clearing Costs related to the return of such Put Shares.

  • Conclusion The Company concluded that Put Option 2 is clearly and closely related to the debt host and not accounted for separately under SFAS 133.

  • As a result of the potential obligation under Put Option 2, the Company recognized a note payable for the potential $3.5 million payment to RTEC on a discounted basis during the year ended January 31, 2023 (see Note 8(b)).

  • Discussion or correspondence has been had with the applicant and he is aware that right now this is a business of one.

  • The Parties agree that Completion shall take place on the Put Option 2 Date (the "Completion Date").

  • The Sublease contemplates three scenarios for plant ownership in 2019: 1) a transfer of ownership to SDG&E via the Put Option; 2) a transfer of ownership to SDG&E via the Call Option; and 3) Calpine and its subsidiary OMEC LLC retain ownership of the plant.32 The Sublease demonstrates that Calpine contemplated and proactively planned for a scenario where SDG&E does not purchase the plant via the Put or Call Option in 2019.30 2007 PPA.31 2007 PPA, Sect.

Related to Put Option 2

  • 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.

  • 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.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Option 2 Annual Actual O&M Expenses

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

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

  • Put Right has the meaning set forth in Section 8.05(a).

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.

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

  • Put Option Event means a Change of Control Event.

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

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

  • Option 1 [X] Yes, but only with respect to a Contributing Participant's Elective Deferrals.

  • Option Closing Time means 8:00 a.m. (Toronto time) on any Option Closing Date or such other time on any Option Closing Date as the Company and the Underwriters may agree;

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

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

  • 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.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Call Rights As defined in Section 9.01(f).

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

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

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • 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.