Put Option Assets definition

Put Option Assets means collectively the Grand Tower Energy Center located at 0000 Xxxxx Xxxxx Xxxx, Xxxxx Xxxxx, XX 00000, the Xxxxxx City Energy Center located at 000 X. Xxxxxx Drive, Xxxxxx City, IL 60936, the Elgin Energy Center located at 0000 Xxxxxxx Xx., Elgin, IL 60120 and all of Seller’s right, title and interest in, to and under all assets and properties of every kind and description owned, leased or used primarily in and for the operation of the energy centers, except those Excluded Assets as such term is defined in the Asset Purchase Agreement.
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Put Option Assets has the meaning set forth in Section 2.2.
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Put Option Assets means the Dutch Transferred Assets.
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Examples of Put Option Assets in a sentence

  • If the Put Option is duly exercised in accordance with Section 2.1, at the Put Option Closing, Exelon shall assume all liabilities arising under or relating to the Put Option Assets, other than Excluded Liabilities (the “Put Option Liabilities”).

  • Upon the terms and subject to the satisfaction of the conditions contained in this Agreement, in consideration of the aforesaid sale, assignment, conveyance, transfer and delivery of the Put Option Assets, Exelon will pay or cause to be paid to Zion Solutions, at the Put Option Closing in consideration of the Put Option Assets the sum of One Dollar ($1) plus the assumption of the Put Option Liabilities (the “Purchase Price”).

  • Notwithstanding anything to the contrary contained in this Xxxx of Sale, the Put Option Assets do not include, and ZionSolutions does not hereby sell, convey, assign or transfer to Exelon, any of Zion Solutions’ right, title or interest in or to any properties other than the Put Option Assets.

  • A notice indicating the Buyer is the new owner of the applicable Put Option Assets is required to be sent to the SERC Reliability Corporation.

  • Schedule 6(a)(vi): A notice indicating the change of ownership of the applicable Put Option Assets is required to be sent to the Midwest Independent Transmission System Operator, Inc.

  • Zion Solutions represents and warrants to Exelon that at the Put Option Closing Date, Zion Solutions will hold an undivided interest in the Put Option Assets free and clear of all Encumbrances, except Permitted Encumbrances.

  • A notice indicating the Buyer is the new owner of the applicable Put Option Assets is required to be sent to the PJM Interconnection LLC.

  • Upon exercise of the Put Option, Seller and Buyer shall exercise commercially reasonable efforts to obtain all Required Approvals for the sale and purchase of the Put Option Assets.

  • Exelon acknowledges that Zion Solutions has not made any representation or warranty, express or implied, as to the accuracy or completeness of any information regarding the Put Option Assets or Put Option Liabilities not included in this Agreement and the Schedules hereto.

  • A notice indicating the change of ownership of the applicable Put Option Assets is required to be sent to the PJM Interconnection LLC.


More Definitions of Put Option Assets

Put Option Assets means the French Transferred Assets and the Dutch Transferred Assets.
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Put Option Assets means the French Transferred Assets and the Dutch Transferred Assets. “Put Option Equity” means French Equity and the Dutch Equity
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Put Option Assets means collectively the Grand Tower Energy Center located at 1820 Power Plant Road, Grand Tower, IL 62942, the Gibson City Energy Center located at 545 N. Jordan Drive, Gibson City, IL 60936, the Elgin Energy Center located at 1559 Gifford Rd., Elgin, IL 60120 and all of Seller’s right, title and interest in, to and under all assets and properties of every kind and description owned, leased or used primarily in and for the operation of the energy centers, except those Excluded Assets as such term is defined in the Asset Purchase Agreement.
Sample 1

Related to Put Option Assets

  • 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.

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

  • Put Option Event means a Change of Control Event.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • 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;

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Sale Shares means [Insert total number of shares of the Company] Shares, representing 100 percent of the total issued, subscribed and fully paid-up equity share capital of the Company held by the Shares Seller and Nominees as more particularly described in Annexure A attached hereto;