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 Period As defined in Section 9.03(a) hereof.
Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.
Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.
Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.
Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.
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.
Purchase Option Notice As defined in Section 3.18(e).
Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.
Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;
Option Shares shall have the meaning ascribed to such term in Section 2.2(a).
Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.
Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.
Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.
Optional Purchase Percentage means 5%.
Option Stock shall have the meaning set forth in Section 2(a) hereof.
Warrant Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).
Failed Remarketing Condition—Unpurchased VRDP Shares means that a Beneficial Owner (other than the Liquidity Provider or its affiliates) continues to hold VRDP Shares, that were subject to a valid Tender, after any Purchase Date as a result of the failure by the Liquidity Provider for any reason to purchase such VRDP Shares pursuant to the Purchase Obligation (whether as a result of an unsuccessful Remarketing or a Mandatory Purchase) ("Unpurchased VRDP Shares"), until such time as all Outstanding Unpurchased VRDP Shares are (i) successfully Remarketed, (ii) purchased by the Liquidity Provider pursuant to the Purchase Obligation, or (iii) if not successfully Remarketed or purchased by the Liquidity Provider pursuant to the Purchase Obligation, the subject of a validly tendered Notice of Revocation (or any combination of the foregoing); and any Unpurchased VRDP Shares shall be deemed tendered for Remarketing until the earliest to occur of the foregoing events (i), (ii) or (iii) with respect to such Unpurchased VRDP Shares.
Remaining Shares shall have the meaning set forth in Section 2.03(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.
Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.
Offered Units has the meaning set forth in Section 9.03(a)(i).
Initial Purchase Price has the meaning set forth in Section 2.1.
New Securities means, collectively, equity securities of the Company, whether or not currently authorized, as well as rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities.
Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.