Option I. PURCHASE PAYMENT ACCUMULATION ("PPA") DEATH BENEFIT OPTION If the Owner was age [74 or younger] on the Contract Date, upon Our receipt at Our Annuity Service Center of all Required Documentation, We will calculate the Death Benefit and it will be the greatest of:
Option I means the set of terms and conditions for Notes with fixed interest rates, non-interest-bearing Notes and zero coupon Notes as set out in the Prospectus, including any set of terms and conditions for Notes with fixed interest rates previously published and incorporated by reference into the Prospectus;
Option I. Edison shall install, own, operate and maintain the appendant facilities and Seller shall pay to Edison the total estimated cost for the appendant facilities prior to the start of construction of the appendant facilities.
Examples of Option I in a sentence
If “Yes” is checked, the bidder must do one of the following: Option I: If the bidder did not submit an Affidavit of Availability to obtain authorization to bid, the bidder must list all non-IDOT State of Illinois agency pending contracts, leases, bids, proposals, and other ongoing procurement relationships.
An unlimited number of task orders may be placed under OASIS SB for the term of OASIS SB, including Option I, if exercised.
B.1.4. Minimum Guarantee and Maximum Ceiling The minimum guarantee is $2,500 for each OASIS Contractor that does not obtain a task order award for the term of OASIS, including Option I, if exercised.
There is no maximum dollar ceiling for OASIS, including Option I, if exercised.
Failure to attain the expected number of task order awards or estimated value prior to the exercise of Option I may result in a Contractor being Off-Ramped (See Section H.16.).
More Definitions of Option I
Option I means the option granted at an initial exercise price of $3.00 per share by the Company to the Purchaser under Section 1 of the Option Agreement.
Option I. The following text to be included as Article 5 (Loss and Damage)
Option I. Any specified amount up to 100% of the value of his Employee Regular Contributions Account and, effective January 1, 1990, his Rollover Account. Under this Option I, any amounts withdrawn shall be paid in the following order: first, from the Member's pre-1987 Employee Regular Contributions that were not matched; second, from his pre-1987 Employee Regular Contributions that were matched;
Option I means the Option to acquire the Option Property --------- and Rights during the Option I Period.
Option I initials: Equity: five thousand (5,000) shares or units of the total preferred equity to be issued during this stage of the preferred-equity offering. Portfolio Company is to produce certificates or legal evidence of preferred equity ownership and deliver to Commonwealth within 30 business days of the signing date as defined within this agreement. A cost basis of $0.01 per preferred share / membership unit shall be billed to and paid by Commonwealth to establish a cost basis in said preferred member units or shares. Or OPTION II Twenty Five Hundred (2,500) shares or units of the total preferred equity to be issued during this stage of the preferred-equity offering. Portfolio Company is to register and deliver to Commonwealth within 30 business days of the signing date as defined within this agreement. A cost basis of $0.01 per preferred share / membership unit shall be billed to and paid by Commonwealth to establish a cost basis in said preferred member units or shares. Claw-Back Clause. For either Option above, eighty percent (80%) of the preferred equity will be relinquished back to the PORTFOLIO COMPANY if PORTFOLIO COMPANY does not succeed in raising at least half of the desired amount of capital sought and during the offering period within the securities offering document, subject to Section 9: TERM/TERMINATION clause. To exercise the claw-back provision, PORTFOLIO COMPANY shall voluntarily terminate the effort and notify Commonwealth in writing of its exercise of the claw-back provision. If the claw-back provision is exercised, the Call protection on the preferred equity issued to Commonwealth shall end, enabling PORTFOLIO COMPANY to buy back the preferred equity issued to Commonwealth at original stated call premium of $110.00 per share or unit. Sell-Through Clause. For either Option above, Commonwealth may sell up to 50% of the preferred equity received from this agreement by exercising this Sell Through provision. To exercise the Sell Through provision, Commonwealth shall notify PORTFOLIO COMPANY in writing of its exercise of the Sell Through clause option within 10 days prior to securities offering date the exercise of the Sell Through clause to provide proper disclosure within the securities offering document(s). Once exercised, Commonwealth shall be due and is to receive ten percent (10%) of the proceeds of the securities offering to pay for the shares or units being sold through this option at the same price as being offered to investors. Once...
Option I means the option granted pursuant to Article III of this Development Agreement which is subject to the terms and conditions of this Development Agreement.
Option I means the set of terms and conditions for Notes with fixed interest rates as set out in the Prospectus.