Put Option Exercise Price definition

Put Option Exercise Price shall have the meaning specified in Section 4.3.]

Put Option Exercise Price is defined in Section 2.4.

Put Option Exercise Price means, with respect to the Group I Put Option or the Group II Put Option, as the case may be, an amount equal to the Fair Market Value of the Group I or Group II Student Loans, as applicable, on the Group I or Group II Put Option Exercise Date, as applicable, plus accrued interest thereon.

Examples of Put Option Exercise Price in a sentence

• Within one (1) Business Day of the Exercise Date, Buyer shall pay to Seller a down payment on the Put Option Exercise Price equal to ONE HUNDRED MILLION US DOLLARS ($100,000,000.00 US) (“Put Option Down Payment”).

• In the event the APA Closing occurs within ninety (90) days of the Put Closing Date, no adjustment to the Put Option Exercise Price shall be made.

• For each month (or portion thereof) after the ninety (90) day approval period in which the closing is delayed, the Put Option Exercise Price shall be reduced by an amount equal to one percent (1%) of the Put Option Down Payment (“Delayed Closing Penalty”).

• Notwithstanding the foregoing, the adjustment to the Put Option Exercise Price shall not occur to the extent the delay completing the APA Closing is as a result of a failure by Buyer to fulfill its obligations under this Agreement of the Asset Purchase Agreement.

More Definitions of Put Option Exercise Price

Put Option Exercise Price has the meaning set forth in Section 10.03(a).

Put Option Exercise Price means the greater of: (i) the Put Option Down Payment; or (ii) the fair market value of the Put Option Assets as determined in accordance with Section 3(e)(ii) of this Agreement.

Put Option Exercise Price has the meaning assigned to such term in Section 8.8 hereof.

Put Option Exercise Price shall have the meaning ascribed thereto in the Securities Purchase Agreement.

Put Option Exercise Price means the CS Holdings Put Option Exercise Price and/or the CS Holdings II Put Option Exercise Price.

Put Option Exercise Price means the greater of (i) $1,916,000, or (ii) the amount Arguinchona would receive upon sale of the Common Stock under the Stockholders Agreement.

Put Option Exercise Price has the meaning set forth Section 3.3;