Put Option Letter definition

Put Option Letter shall have the meaning assigned to such term in the Lease Agreement.
Put Option Letter means that certain Put Option Letter, dated the date hereof, issued by the Company to Arabica.
Put Option Letter means a put option letter delivered by Purchaser to Seller concurrently with the execution of this Agreement pursuant to which, among other things, Purchaser made an irrevocable and binding offer to purchase the assets and equity interests set forth therein.

Examples of Put Option Letter in a sentence

  • Upon the occurrence of any event specified in Sections 1, 2, 3, 4, 5, 6 or 7 of the Put Option Letter, Arabica may exercise the Put Option and require the Company to purchase, and upon such exercise the Company shall be obligated to purchase and pay for, Assets in accordance with the terms of the Put Option Letter.

  • If the affected party determines in good faith that it is unable, within any period which the relevant introduction, variation or change may allow, to avoid the effects of the same, then the Put Option may be exercised by Arabica in accordance with Section 2 of the Put Option Letter.

  • In fulfilling any of its obligations or exercising any of its rights under this Agreement, the Supplemental Agreement, the Put Option Letter, the Call Option Letter or any agreement entered into in connection herewith, Arabica may designate and utilize an agent, nominee or representative, which shall, unless otherwise indicated by Arabica, have right and authority to act on behalf of Arabica.

  • Arabica and the Company agree to cooperate in good faith and to execute and deliver such documents and further assurances consistent with and in clarification of the characterization and intent of the parties with respect to this Agreement, the Supplemental Agreement, the Put Option Letter and the Call Option Letter.

  • If you are in agreement with the terms of this Put Option Letter, please indicate such agreement by signing this Put Option Letter in the space indicated below.

  • In relation to a Property, the Master Lease, the Put Option Letter, the Call Option Letter, the Supplemental Agreement and the Tax Matters Agreement for such Property.

  • Arabica and the Company agree that, for all income tax purposes only, the Acquisition Cost to be paid by the Company (whether under Section 1 of Schedule 6(a) to the Amended Lease, pursuant to the Amended Put Option Letter, pursuant to the Amended Call Option Letter, or otherwise) constitutes a payment of principal and the Rental Rate to be paid by the Company (whether under Section 1 of Schedule 6(a) to the Amended Lease, Section 6 of the Amended Lease, or otherwise) constitutes a payment of interest.

  • The obligation of the Company to pay Rent, Supplemental Payments and all other amounts payable under the Agreement, this Schedule 6(a), the Put Option Letter and the Call Option Letter shall be full recourse obligations of the Company.

  • This Put Option Letter has been duly authorized by all relevant corporate bodies of the Purchaser and duly executed and delivered and constitutes a valid, legal and binding obligation on the Purchaser, enforceable against Purchaser in accordance with its terms.

  • By countersigning the Put Option Letter (the date of such signature being referred to as the Put Option Date), the Beneficiaries Representative, on behalf of the Beneficiaries, accept the benefit of the Put Option as an option solely, without undertaking to exercise such option.


More Definitions of Put Option Letter

Put Option Letter. In relation to a Property, the put option letter issued by the Master Lessee to the Title Holder in connection with the Master Lease for such Property. "Regulations." The federal income tax regulations, including temporary regulations, promulgated under the Code, as such regulations may be amended from time to time (including corresponding provisions of succeeding regulations).
Put Option Letter means the letter dated the date hereof by Tensar to TCO, substantially in the form of Exhibit B hereto, as the same may be amended, supplemented or modified from time to time.
Put Option Letter the Put Option Letter issued by the Company to the Borrower dated on or about the date hereof, substantially in the form of Exhibit 1(d).
Put Option Letter the Second Amended and Restated Put Option Letter issued by the Company to the Borrower, substantially in the form of Exhibit 1(d).

Related to Put Option Letter

  • Put Option Agreement has the meaning set forth in the recitals.

  • Termination Letter has the meaning specified in Section 2.17(b).

  • 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;

  • 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).

  • 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.

  • Confirmation Letter means a letter issued by any applicable Rating Agency to the effect that neither (a) the resignation of Provident as Servicer under the Servicing Agreement and appointment of Litton as successor Servicer thereunder, nor (b) the amendments exxxxxxated by this Agreement, will adversely affect the then current ratings on the Certificates then being rated.

  • Designation Letter means, with respect to any Designated Subsidiary, a letter in the form of Exhibit E hereto signed by such Designated Subsidiary and the Company.

  • Resignation Letter means a letter substantially in the form set out in Schedule 7 (Form of Resignation Letter).

  • Instruction Letter means written instructions in a form acceptable to NCPS and executed by Issuer Party with Issuer Party directing NCPS to promptly disburse the Escrow Funds to Issuer pursuant to Section 4(a).

  • Subscription Notice has the meaning set forth in Section 1.1.

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • 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.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Transfer Agent Instruction Letter means the letter from the Company to the Transfer Agent which instructs the Transfer Agent to issue Underlying Shares pursuant to the Transaction Documents, in the form of Exhibit B attached hereto.

  • Risk Retention Letter As described in the Offering Circular, that certain letter agreement entered into by Xxxxxxx Mac, dated as of the Closing Date.

  • Account Designation Letter means a letter from the Borrower to the Administrative Agent, duly completed and signed by an Authorized Officer of the Borrower and in form and substance reasonably satisfactory to the Administrative Agent, listing any one or more accounts to which the Borrower may from time to time request the Administrative Agent to forward the proceeds of any Loans made hereunder.

  • Equity Purchase Agreement is defined in the recitals.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

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

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

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Representation Letter Letters to, or agreements with, the Depository to effectuate a book entry system with respect to the Class A Certificates registered in the Register under the nominee name of the Depository.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Investment Representation Letter As defined in Section 5.02(b).

  • Accession Letter means a document substantially in the form set out in Schedule 6 (Form of Accession Letter).