Put Option Interest definition

Put Option Interest has the meaning specified in Section 2.10(b).
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Put Option Interest has the meaning set forth in Section 5.6(a); “Put Option Notice” has the meaning set forth in Section 5.6(b); “Put Option Period” has the meaning set forth in Section 5.6(a); “ROFO Notice” has the meaning set forth in Section 15.2(b); “Rules” has the meaning set forth in Section 21.7(a);
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Put Option Interest has the meaning assigned to such term in Section 4.9(b).
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Examples of Put Option Interest in a sentence

  • To the extent a Put Option Loan is either repurchased by Seller or converted to a Transferred Loan during a calendar quarter, Purchaser shall pay Put Option Interest on such repurchased or converted Put Option Loan for the quarter in which such repurchase or conversion is effective based on a Put Option Loan balance of zero only as of the end of the quarter for which payment of Put Option Interest is due.

  • For the avoidance of doubt, the Sellers may only accept the offer to simultaneously sell and transfer the Put Option Interests and the Put Option Effective Date shall be identical for both the sale and the transfer of the Put Option Interest.

  • OTI hereby irrevocably offers to purchase and acquire the Ownership Interests from the Sellers as set out in Annex 1 (hereinafter referred to as the "Put Option Interest").

  • As security for the payment of the Option Price, OTI has pledged the Put Option Interest to the Sellers under the Share Pledge Agreement.

  • Upon receipt of the EA Put Option Notice, EECI agrees to promptly take all necessary and desirable actions in connection with the exercise of the EA Put Option reasonably requested by Enbridge Partners, including the execution of such agreements and such instruments and other actions reasonably necessary to consummate the purchase and sale of the EA Put Option Interest hereunder.

  • OTI is also entitled to receive the profits for the fiscal year 2000 with respect to the Put Option Interest even if the dividends for the fiscal year 2000 have been paid before the Option Effective Date.

  • The following calculations are for illustrative purposes to demonstrate how the purchase price to be paid for the EA Call Option Interest, the EA Put Option Interest, the ME Call Option Interest or the ME Put Option Interest would be calculated pursuant to sections 4.9(c), 4.10(c), 4.11(c) or 4.12(c), respectively.

  • Upon receipt of the Put Option Notice, EECI agrees to promptly take all necessary and desirable actions in connection with the exercise of the Enbridge Partners Put Option reasonably requested by Enbridge Partners, including the execution of such agreements and such instruments and other actions reasonably necessary to consummate the purchase and sale of the Put Option Interest hereunder.

  • Under certain circumstances, the Purchaser may exercise either (i) the Purchaser Put Option to require the Vendor to purchase the Purchaser Put Option Interest; or (ii) the Purchaser Call Option to require the Vendor to sell to the Purchaser the Purchaser Call Option Interest.

  • The sale and transfer of the Put Option Interest shall include all rights connected therewith, in particular rights to receive dividends.

Related to Put Option Interest

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

  • 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;

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

  • Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • 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).

  • Interest Option means LIBOR or the Reference Rate.

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

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

  • 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.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Common Interest means employers engaged in the same industry or members of an Oklahoma trade association that has been in business for at least five (5) years.

  • Asset Interest is defined in Section 2.1(b).

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Minimum Transferor Interest means, with respect to any period, --------------------------- 7% of the average of the aggregate amount of Principal Receivables for such period.

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

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

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

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Mandatory Purchase Notice means, in connection with the Mandatory Purchase of VRDP Shares, a notice substantially in the form attached to the VRDP Shares Purchase Agreement as Exhibit B, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider in accordance with the VRDP Shares Purchase Agreement specifying a Mandatory Purchase Date.

  • 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.

  • Optional Purchase Date As defined in Section 8.01(a) of the Servicing Agreement. Optional Purchase Percentage: 10.00%.