Fixed Price Purchase Option definition

Fixed Price Purchase Option. Shall have the meaning set forth in the Leveraged Lease (as hereinafter defined).
Sample 1
Fixed Price Purchase Option means *** which shall be paid by BMS in conjunction with the expiration or termination of the Baytown Nitric Acid Project and Supply Agreement in exchange for title to all assets comprising the Nitric Acid Facility except for those assets comprising the EDNLP Net Book Value.
Sample 1
Fixed Price Purchase Option means the purchase option of the Lessee provided for in Section 15.2(b) of the Facility Lease.
Sample 1

Examples of Fixed Price Purchase Option in a sentence

  • If no box is checked or if more than one box is checked, the Fair Market Value Purchase Option will apply.) Fixed Price Purchase Option of $ 1.00; or  Fair Market Value Purchase Option; or  Fair Market Value Purchase Option Not to Exceed % of the Total Cash Price; or  Other: plus applicable taxes and fees.

  • If Bayer either (i) consents to the exercise of the Fixed Price Purchase Option by EDNC or (ii) requires the exercise thereof by EDNC, then Bayer shall pay the Fixed Price Purchase Option Amount.

  • EDNC agrees not to exercise the Fixed Price Purchase Option without first obtaining the written consent of Bayer, which consent Bayer may grant or withhold in its sole and absolute discretion.

  • Election of the Fixed Price Purchase Option for any Schedule shall be deemed to be Lessee's election of the Fixed Price Purchase Option for all Schedules.

  • Lessee's election of the Fixed Price Purchase Option will be irrevocable at the time made, but if Lessee fails to make a timely election, Lessee will be deemed, in the case of the Base Term and each Renewal Term then in effect (other than the last Renewal Term) to have irrevocably elected the Renewal Option and, in the case of the last Renewal Term applicable to each Unit, Lessee will be deemed to have irrevocably elected the Fixed Price Purchase Option with respect to such Unit.

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  • Fixed Price Purchase Option - EDNC shall promptly notify Bayer not less than sixty (60) days prior to the date upon which EDNC may exercise the Fixed Price Purchase Option (as such date is determined under the Operative Agreements) of EDNC's intention to exercise or to decline to exercise such Fixed Price Purchase Option.

  • If such repairs have not been completed within the time period referred to in the foregoing proviso, then an Event of Loss shall be deemed to have occurred at the 41st day preceding the last day of the Lease Term, unless the Lessee has exercised the Fixed Price Purchase Option pursuant to Section 22 hereof.

  • Lessees' election of the Fixed Price Purchase Option will be irrevocable at the time made, but if Lessees fail to make a timely election, Lessees will be deemed, in the case of the Lease Term and each Renewal Term then in effect (other than the last Renewal Term) to have irrevocably elected the Renewal Option and, in the case of the last Renewal Term applicable to each Group of Vehicles, Lessees will be deemed to have irrevocably elected the Fixed Price Purchase Option with respect to such Group.

  • If the Fixed Price Purchase Option is assigned to Bayer hereunder, the parties hereto agree that title to the EDNC Baytown Plant will automatically revert to Bayer.


More Definitions of Fixed Price Purchase Option

Fixed Price Purchase Option means the option of Lessee to purchase the Undivided Interest in accordance with Section 6.1(b) of the Lease.
Sample 1
Fixed Price Purchase Option means Charterer's option, pursuant --------------------------- to Section 15(a) of the Charter to purchase the Vessel at the end of the Base Charter Term, at the lesser of then Fair Market Sales Value or the percentage of Total Vessel Cost established as the Fixed Price Purchase Option Amount.
Sample 1

Related to Fixed Price Purchase Option

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2011-1 Vehicle for which the related 2011-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

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

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Purchase Option As defined in Section 3.18(c).

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

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

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • 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 Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

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

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • 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.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Offer Price or Purchase (Public Offer) Price means the sum to be paid by the investor for purchase of one Unit, such price to be determined pursuant to this document.

  • Warrant Exercise Price means $0.04 per share.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

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

  • 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.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • Remaining Shares shall have the meaning set forth in Section 2.03(a).

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.