Tender Option definition

Tender Option means the right granted to the Holders of Class A Certificates pursuant to Section 6.01(a) of the Standard Terms to tender or cause to be tendered such Class A Certificates (other than Affected Certificates or Pledged Class A Certificates) for purchase by the Administrator from amounts deposited pursuant to Section 6.06 of the Standard Terms.
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Tender Option. ' means the right granted to the Holders of Class A CertiÑcates pursuant to Section 6.01(a) of the Standard Terms to tender or cause to be tendered such Class A CertiÑcates (other than AÅected CertiÑcates or Pledged Class A CertiÑcates) for purchase by the Administra- tor from amounts deposited pursuant to Section 6.06 of the Standard Terms.
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Tender Option means the right granted in Section 4.1 to the Holders and Beneficial Owners of Floater Certificates of any Series to tender such Floater Certificates for purchase at the Purchase Price pursuant to the terms of the Agreement.
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Examples of Tender Option in a sentence

  • Represents securities deposited into a special purpose entity, referred to as a Tender Option Bond (“TOB”) trust.

  • All or portion of the principal amount transferred to a Tender Option Bond ("TOB") Issuer in exchange for TOB Residuals and cash.

  • All or portion of principal amount transferred to a Tender Option Bond ("TOB") Issuer in exchange for TOB Residuals and cash.

  • Class A Certificates as to which a Weekly Reset Rate Method is in effect are eligible for purchase pursuant to the Tender Option on any Business Day, subject to compliance with the notice and other requirements set forth Section 6.03(b).

  • Class A Certificates as to which a Term Reset Rate Method is in effect are not eligible for purchase pursuant to the Tender Option; such Class A Certificates are subject to mandatory tender on the Mandatory Tender Date following a Mandatory Tender Event, subject to the Holder’s right to retain its Class A Certificate.

  • This right of tender is not available to Affected Certificates after the occurrence of an applicable Tender Option Termination Event or to Pledged Class A Certificates.

  • Class A Certificates as to which a Monthly Reset Rate Method is in effect are eligible for purchase pursuant to the Tender Option only on the first Business Day of every calendar month.

  • All or portion of principal amount transferred to a Tender Option Bond (“TOB”) Issuer in exchange for TOB Residuals and cash.

  • If the Exchange Date arises from a Liquidity Failure or a Tender Option Termination Event described in Section 7.01(a)(iii) hereof, the following provisions will govern.

  • Unless withdrawn as described herein, the balance of the Old Notes tendered under the Tender Option but not accepted for purchase for cash will be treated as if they had been tendered for exchange under the Exchange Option and will be exchanged for New Notes.If the space provided in the above form is inadequate, list the information requested above on a separate signed schedule and attach that schedule to this Letter of Transmittal and Consent.


More Definitions of Tender Option

Tender Option means the option of each of the Co-Owners to tender part of its Ownership Interest to Georgia Power in exchange for Georgia Power assuming all of such Co- Owner’s remaining share of the Cost of Construction, as set forth in Section 7.11(c) of the Ownership Participation Agreement. SECTION 2.
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Tender Option means the option of each of the Co-Owners to tender part of its Ownership Interest to Georgia Power in exchange for Georgia Power assuming all of such Co- Owner’s remaining share of the Cost of Construction, as set forth in Section 7.11(c) of the Ownership Participation Agreement. SECTION 2.
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Related to Tender Option

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

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

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

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • 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.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • 102 Option means any Option granted to Employees pursuant to Section 102 of the Ordinance.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • 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.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Option means a stock option granted pursuant to the Plan.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Director Option means an Option granted pursuant to Section 6.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

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

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Option Exercise Period has the meaning set forth in Section 5.3(c).

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Company Option means an option to purchase shares of Company Common Stock.