Purchase Option Agreement. (A) Mariner shall have the right to purchase at any time and from time to time up to 1,350,000 shares of the Corporation from the Participating Shareholders in the amounts set forth below opposite each such Participating Shareholder’s name (that right, the “Option”; those shares, the “Option Shares”), at the option price set forth in (B) below (the “Option Price”):
Purchase Option Agreement. 7.2.1 PSNH shall have the exclusive right to purchase the Facility and all other real, personal and intangible property associated with the Facility and its operations in accordance with the Purchase Option Agreement. Seller shall cause the Site Owner and any successor(s) thereto, other entities that may hold ownership interests in the Facility, any financial lessor of the Offered Assets and any lender holding a security interest in the Facility to agree to the terms of the Purchase Option Agreement as a condition to any sale, financing, refinancing or financial sale/leaseback of the Facility. Further, upon notice to Seller, PSNH may transfer its rights under the Purchase Option Agreement to any PSNH Affiliate or other third party, inclusive of all PSNH rights under the Purchase Option Agreement. In connection with any sale made pursuant to the Purchase Option Agreement, Seller shall convey, or cause to be conveyed, the Facility and all related assets free of material financing liens.
Purchase Option Agreement. The Developer shall execute and deliver the Purchase Option Agreement for the Property. The Purchase Option Agreement shall be recorded prior to all mortgages encumbering the applicable portion of the Property, provided that the Purchase Option Agreement shall expressly provide that the City or its designee shall purchase the Property subject to any mortgage securing a Loan or shall be required to pay off any Loan.
Purchase Option Agreement. That certain Purchase Option Agreement, dated as of the Effective Date, by and between Landlord and Tenant, regarding the potential acquisition of the Rangers Complex following the termination of this Lease. Rangers Complex. The entire premises leased pursuant to the terms hereof, including (i) the Ballpark; (ii) the Land; and (iii) such other improvements, buildings, structures and Related Infrastructure, from time to time constructed, installed on and affixed to the Land (and only to the extent located on the Land), and other rights, privileges, easements and appurtenances that benefit the Land and belong to Landlord, but solely in its capacity as the owner of fee simple title and/or other rights of possession to the Land and not in the City’s capacity as the owning Governmental Authority, including (a) any and all rights, privileges, easements and appurtenances now or hereafter existing in, to, over or under adjacent streets, sidewalks, alleys and property contiguous to the Land, (b) reversions which may hereafter accrue to Landlord, as owner of fee simple title to the Land, or any portion thereof, by reason of the closing of any street, sidewalk or alley or the abandonment of any rights by the City as the owning Governmental Authority, and (c) any and all strips and gores relating to the Land, or any portion thereof. Related Infrastructure. Means, as defined by the Act, any store, restaurant, on-site hotel, concession, automobile parking facility, area transportation facility, road, street, water or sewer facility, park or other on-site or off-site improvement that relates to and enhances the use, value or appeal of the Ballpark, including areas adjacent to the Ballpark, and any other expenditure reasonably necessary to construct, improve, renovate, or expand the Ballpark, including an expenditure for environmental remediation.
Purchase Option Agreement. The Purchase Option Agreement among the Partnership, the Administrative General Partner, the Managing General Partner as optionee and the Housing Authority, and consented to by the Limited Partner of even date herewith attached as Exhibit N hereto.
Purchase Option Agreement. 2.2.2 they will cause the shareholders’ meeting and/or the board of directors of the Domestic Company not to approve the sale, transfer, mortgage or other disposition of any legal or beneficial interest in the equity interests therein held by the Existing Shareholder, or allow any other Security Interests to be created thereon, without the prior written consent of the WFOE, except for consents to encumbrances created under the Existing Shareholder’ Equity Pledge Agreements and the Existing Shareholder’ Power of Attorney;
Purchase Option Agreement. 3.1.4 The Existing Shareholder have good and merchantable title to the equity interests in the Domestic Company which they hold, and have not created any Security Interests thereon except for the Existing Shareholder’ Equity Pledge Agreements and the Existing Shareholder’ Power of Attorney;
Purchase Option Agreement. 11. In the event that CRI should default on any of the terms of this POA as outlined herein and above and below then PMO shall have the right to notify CRI in writing of such default and CRI shall then have 30 days to remedy the default or this POA shall become null and void and PMO shall be entitled to keep any and all stock, cash, or gold that it has received from CRI previous to the default. Should any legal problems or laq suites take place against CRI during the term of this POA then CRI shall hold PMO harmless for any such actions.
Purchase Option Agreement. As a condition to this Agreement, Buyers, Xxxxxxx X. Xxxxxxx, and Xxxxx X. Xxxxxxxx shall sign and deliver the Purchase Option Agreement of even date herewith that grants to Buyers the right to purchase all of the issued and outstanding capital stock of MyACD on the terms set forth therein.
Purchase Option Agreement. In association with this Agreement and the attached Appendix B – Purchase Option Agreement, Company shall grant the option to Contractor to purchase up to two million nine hundred thousand (2,900,000) shares of Company Common stock as described in the Purchase Option Agreement.
