ASI Interest definition

ASI Interest means ASI interest in the Partnership as set forth in Section 2.1;
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Examples of ASI Interest in a sentence

  • Immediately following the completion of the steps outlined in Articles 2 and Article 3 herein, ASI shall ▇▇▇▇▇ ▇▇▇▇▇ Safety the option (the “Call Option”), to be exercised no later than March 26, 2013, to purchase all, but not less than all, of the ASI Interest, for a purchase price of Five Hundred Ten Thousand ($510,000) Dollars, free and clear of all Charges.

  • In the event that ▇▇▇▇▇ Safety has not exercised the Call Option on or before March 26, 2013 (the “Call Exercise Date”), ▇▇▇▇▇ Safety hereby acknowledges and agrees that ASI shall have an irrevocable right and option (the “Put Option”) to require ▇▇▇▇▇ Safety (or its assignee) to purchase all, but not less than all, of the ASI Interest, for a purchase price of Five Hundred Ten Thousand ($510,000) Dollars, free and clear of all Charges.