Sell Option definition

Sell Option. As defined in Section 10.2(a). Service Agreement(s): Any and all service, maintenance or other contract(s) for the provision or delivery of goods, supplies or services with respect to the Property to which the Company Subsidiary is a party or assignee.
Sell Option shall have the meaning set forth in Section 8.5(b).
Sell Option has the meaning specified in Section 4.19 b. hereof.

Examples of Sell Option in a sentence

  • If the Sell Option is accepted, the Offeree shall contemporaneously deliver a certified or bank check drawn on a bank that is a member of the New York Clearinghouse Association payable to the order of Citibank, N.A. or another bank agreed to by the parties, as escrow agent (the “Buy-Sell Escrow Agent”), in an amount equal to the Buy-Sell Deposit.

  • The closing of the transactions under the HGF Sell Option shall take place no later than 60 days after the expiration of the Response Period.

  • If either Mobil or Volvo fails to respond to the ▇▇▇▇▇▇▇▇ Buy-Sell Notice within the thirty (30) day period, the party which failed to respond shall be deemed to have elected the Sell Option.

  • If both Mobil and Volvo elect the Sell Option ----------- (or are deemed to have selected the Sell Option and thereby became "Selling Partners"), each ▇▇▇▇▇▇▇▇ Partner shall, in the absence of a contrary agreement between them, be entitled and obligated to purchase that proportion of the Selling Partners' Entire Interests as such ▇▇▇▇▇▇▇▇ Partner's Partnership Interest bears to the Partnership Interests of all of the ▇▇▇▇▇▇▇▇ Partners.

  • If the Offeree does not elect the Buy Option within the Response Period, the Offeree shall be deemed to have elected the Sell Option.


More Definitions of Sell Option

Sell Option means the right of the Developer, exercised by written notice to the Buyer, to cause the Buyer to purchase from the Developer, and the Developer to transfer and sell to the Buyer, pursuant to the Asset Purchase Agreement all of the assets of a Tranche of Stores identified by the Developer.
Sell Option shall have the respective meanings assigned thereto in the Option Agreement, dated as of the date hereof, among Lessor, Lessee, the stockholders of Lessee and WCC. If Lessee purchases any Equipment, Lessee shall, on or before the date of purchase, pay to Lessor the purchase price, any applicable taxes, all Rent due through the day preceding the date of purchase and any other amounts due. Lessor shall, on the date of purchase, transfer to Lessee by ▇▇▇▇ of sale, without recourse or warranty of any kind, express or implied, all of Lessor's right, title and interest in and to such Equipment on an "As Is, Where Is" basis except that Lessor shall warrant title free and clear of all liens and encumbrances.
Sell Option has the meaning given to that term in paragraph 8.2(b);
Sell Option. As defined in Section 8.5(b).
Sell Option has the meaning set forth in Section 9.2.3. -----------
Sell Option is defined in Section 11.02.
Sell Option has the meaning given in paragraph 1(a)(ii) of Schedule 4