Optional Sale definition

Optional Sale has the meaning assigned to that term in Section 2.07(c).
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Optional Sale has the meaning set forth in Section 7.10.
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Optional Sale. Defined in Section 2.19(a).
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Examples of Optional Sale in a sentence

  • Except as otherwise permitted herein and in respect of any Discretionary Sale, Substitution, Optional Sale, or other sale permitted hereunder or required under the Sale Agreement, the Borrower will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien (other than Permitted Liens) on any Collateral, whether now existing or hereafter transferred hereunder, or any interest therein.

  • The proceeds of any Optional Sale shall be distributed on the related sale date in accordance with Section 2.8.

  • Except as otherwise permitted herein and in respect of any Optional Sale and Permitted Securitization, the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Collateral, whether now existing or hereafter transferred hereunder, or any interest therein, and the Seller will not sell, pledge, assign or suffer to exist any Lien on its interest, if any, hereunder.

  • The proceeds of any Optional Sale shall be distributed on the related sale date in accordance with Section 2.8(a).

  • On the Optional Sale Date (with respect to Optional Sales) and on or prior to the Special Reduction Amount Date (with respect to Special Reduction Amounts), the Seller shall remit to the Administrative Agent the Optional Sale Proceeds or Special Reduction Amount, as applicable, for payment to reduce Advances Outstanding, related accrued Interest, Breakage Costs and Hedge Breakage Costs.

  • On the Optional Sale Date (with respect to Optional Sales) and or prior to the Special Reduction Amount Date (with respect to Special Reduction Amounts), the Seller shall remit to the Administrative Agent the Optional Sale Proceeds or Special Reduction Amount, as applicable, for payment to reduce Advances Outstanding, related accrued Interest, Breakage Costs and Hedge Breakage Costs.

  • Except as otherwise permitted herein and in respect of any Optional Sale, Discretionary Sale and Permitted Securitization Transaction, the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Collateral, whether now existing or hereafter transferred hereunder, or any interest therein, and the Seller will not sell, pledge, assign or suffer to exist any Lien on its interest, if any, hereunder.

  • Except as otherwise permitted herein, including, without limitation, in respect of any Optional Sale, Discretionary Sale or Term Securitization, the Borrower will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Collateral, whether now existing or hereafter transferred hereunder, or any interest therein, and the Borrower will not sell, pledge, assign or suffer to exist any Lien on its interest, if any, hereunder.

  • Except as otherwise permitted herein and in respect of any Optional Sale and Discretionary Sale, the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Collateral, whether now existing or hereafter transferred hereunder, or any interest therein, and the Seller will not sell, pledge, assign or suffer to exist any Lien on its interest, if any, hereunder.

  • Except as otherwise permitted herein and in respect of any Discretionary Sale, Substitution, Optional Sale, or other sale permitted hereunder, the Borrower will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien (other than Permitted Liens) on any Collateral, whether now existing or hereafter transferred hereunder, or any interest therein.


More Definitions of Optional Sale

Optional Sale has the meaning assigned to such term in Section 10.01(e).
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Optional Sale has the meaning specified in Section 2.15(a).
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Optional Sale has the meaning set forth in Section 7.10. “Original Commitment” means $250,000,000.
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Optional Sale has the meaning assigned to that term in Section 2.07(c). DMSLIBRARY01\30388519.v8
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Optional Sale has the meaning assigned to that term in Section 3.3.
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Optional Sale. The meaning specified in Section 2.14(d). “Original Closing Date”: October 28, 2015. “Other Connection Taxes”: With respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Transaction Document, or sold or assigned an interest in any Obligation or Transaction Document). “Other Taxes”: All present or future stamp, court or documentary, intangible, mortgage, recording, filing or similar Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Transaction Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 2.18). “Outstanding Balance”: With respect to any Loan as of any date of determination, the outstanding principal balance of any advances or loans made by the Borrower to the related Obligor pursuant to the related Underlying Instruments as of such date of determination (exclusive of any interest and Accreted Interest). “Participant Register”: The meaning specified in Section 12.16(d). “Payment Date”: Quarterly on the 27th day of each January, April, July and October (or, if such day is not a Business Day, the next succeeding Business Day), commencing in January 2016. “Payment Duties”: The meaning specified in Section 7.2(b)(vii). -34- USActive 55348338.2
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Related to Optional Sale

  • Occasional sale means a sale of tangible personal property not held or used by a seller in the

  • Casual sale means a sale of an item of tangible personal property that was obtained by the person making the sale, through purchase or otherwise, for the person's own use and was previously subject to any state's taxing jurisdiction on its sale or use, and includes such items acquired for the seller's use that are sold by an auctioneer employed directly by the person for such purpose, provided the location of such sales is not the auctioneer's permanent place of business. As used in this division, "permanent place of business" includes any location where such auctioneer has conducted more than two auctions during the year.

  • Delivery sale means any sale of a vapor product to a

  • Initial Sale is defined in the recitals of this Agreement.

  • conditional sale agreement means an agreement for the sale of goods under which the purchase price or part of it is payable by instalments, and the property in the goods is to remain in the seller (notwithstanding that the buyer is to be in possession of the goods) until such conditions as to the payment of instalments or otherwise as may be specified in the agreement are fulfilled;

  • Drag-Along Sale has the meaning set forth in Section 3.03(a).

  • First Offer Period has the meaning set forth in Section 13.5.

  • Sale as used in this paragraph shall have the meanings ascribed thereto by governing law and any interpretation thereof contained in rules or regulations promulgated by the Securities and Exchange Commission thereunder.

  • Subsequent Offering means any further issuance of Interests in any Series, excluding any Initial Offering or Transfer.

  • Purchase means taking by sale, lease, discount, negotiation, mortgage, pledge, lien, security interest, issue or reissue, gift, or any other voluntary transaction creating an interest in property.

  • Delivery ex stock means immediate delivery directly from stock actually on hand.

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;

  • Subsequent Placement means the sale, grant of any option to purchase, or other disposition of by the Company, directly or indirectly, of any of the Company’s or its Subsidiaries’ equity or equity equivalent securities, including, without limitation, any Convertible Securities, Options, preferred stock or other instrument or security that is, at any time during its life and under any circumstances, convertible into or exchangeable or exercisable for Common Stock or Convertible Securities or Options.

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • 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.

  • Option Period means the period during which an Option may be exercised.

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Net Offering Proceeds means the proceeds received from (a) the issuance of any Capital Stock or (b) the incurrence of any Indebtedness, in each case net of the actual liabilities for reasonably anticipated cash taxes in connection with such issuance or incurrence, if any, any underwriting, brokerage and other customary selling commissions incurred in connection with such issuance or incurrence, and legal, advisory and other fees and expenses, including title and recording tax expenses, if any, incurred in connection with such issuance or incurrence.

  • Call 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 payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

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

  • Retail installment sale means every sale of one or more motor vehicles to a buyer for his use and

  • Net Proceeds Offer Payment Date has the meaning set forth in Section 4.16.