OPL definition
Examples of OPL in a sentence
As resource library, OPL is entitled to name a member to all Winnefox committees.
If such number of Units is not evenly divisible by four, UPS and OPL may, at their option, (i) reject this subscription in full; (ii) notify me and allow me to remit such additional amount as necessary to equal the aggregate price of an integral multiple of four Units; or (iii) fulfill this subscription for the purchase of the maximum number of Units wholly divisible by four for which payment has been received and refund any excess monies to me.
If such number of Units is not evenly divisible by four, UPS and OPL may, at their option, (i) reject this subscription in full; (ii) notify the undersigned and allow the undersigned to remit such additional amount as necessary to equal the aggregate price of an integral multiple of four Units; or (iii) fulfill this subscription for the purchase of the maximum number of Units wholly divisible by four for which payment has been received and refund any excess monies to the undersigned.
If I do not make such cash payment in a timely fashion UPS and OPL may, in their discretion, (i) reject my subscription in its entirety, in which case I will not be entitled to purchase any securities, or (ii) if UPS allows, fulfill my subscription for shares of UPS Common Stock alone.
I enclose a check or money order payable to the order of "First Union National Bank" as Transfer Agent in the amount of $ , which equals the product of the number of Units subscribed to hereby multiplied by the sum of (i) the Current Price of a UPS share (as determined from the most recent UPS Shareowners Letter) and (ii) one-fourth of the Current Price of an OPL share (i.e. one-fourth of the net book value of an OPL share as determined from OPL's most recently published Annual Report to Shareowners).