Examples of Expiration Date Purchase Option in a sentence
Lessee has executed this Notice of Expiration Date Purchase Option Exercise on the date set forth above.
The Notice of Marketing Option Exercise or the Notice of Expiration Date Purchase Option Exercise shall be delivered as required by Subparagraph 2.02(c) and Paragraph 7.01 of the Participation Agreement; provided, however, that Lessee shall promptly deliver to Lessor the original of any such notice initially delivered by facsimile.
Purchase the Property itself pursuant to Paragraph 3.03 (the "Expiration Date Purchase Option").
If Lessee has not given notice of exercise of its Expiration Date Purchase Option pursuant to Section 20.2, then not more than 120 days nor less than 60 days prior to the Expiration Date, Lessee shall, at its sole cost and expense, provide to Lessor a report by a reputable environmental consultant selected by Lessee, which report shall be in form and substance satisfactory to Lessor.
Any director may resign effective on giving written notice to the chair of the Board, the president, the secretary, or the Board of Directors, unless the notice specifies a later effective date.
If Lessee is purchasing the Property pursuant to the Expiration Date Purchase Option, Lessee shall pay to Lessor on the Expiration Date of the Lease Agreement, as the purchase price for the Property, an amount equal to the Outstanding Lease Amount on such date.
If Lessee is purchasing the Facility 2 Property pursuant to the Expiration Date Purchase Option, Lessee shall pay to Lessor on the Expiration Date of the Facility 2 Lease Agreement, as the purchase price for the Facility 2 Property, an amount equal to the Outstanding Lease Amount under Facility 2 on such date.
Not less than twelve (12) months prior to the Expiration Date, Lessee may give Lessor and the Indenture Trustee irrevocable written notice (the "Expiration Date Election Notice") that Lessee is electing to exercise the Expiration Date Purchase Option.
If twelve (12) months prior to the Expiration Date, the then Termination Value of all the Equipment is less than the Maximum Purchase Option Amount, then on the Expiration Date Lessee shall be required to exercise its Expiration Date Purchase Option on the Expiration Date with respect to all remaining Equipment.
If Lessee is purchasing the Facility 1 Property pursuant to the Expiration Date Purchase Option, Lessee shall pay to Lessor on the Expiration Date of the Facility 1 Lease Agreement, as the purchase price for the Facility 1 Property, an amount equal to the Outstanding Lease Amount under Facility 1 on such date.