Purchase Option Contract definition

Purchase Option Contract means any contract granting the Company or any Restricted Subsidiary the option to purchase one or more Vessels and/or any Related Business Assets or any asset to be used or useful in a Permitted Business, including any amendments, supplements or modifications thereto.
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Purchase Option Contract means the contract that gives the Participant, during a stated fixed period, the right to buy a specified number of full and/or fractional Shares of common stock of the Corporation at a stated Exercise Price regardless of the Fair Market Value of the Shares at the time of exercise.
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Examples of Purchase Option Contract in a sentence

  • For the avoidance of doubt, the Parties acknowledge that, in addition to the debt under this Contract, the principal debt secured by the equity pledge under this section also includes all the debts owed by the Borrowers and the Borrower Company to the Lender under the Exclusive Business Cooperation Agreement, the Exclusive Purchase Option Contract and the Power of Attorney Agreement (as defined below).

  • Definition” clause of the Equity Pledge Contract is revised to read as follows: “Contractual Obligations” shall refer to all the obligations of the Pledgers under the Exclusive Purchase Option Contract, Power of Attorney Agreement, Loan Contract and this Contract; as well as all the obligations of Party C under the Exclusive Business Cooperation Agreement, Exclusive Purchase Option Contract and this Contract.

  • Party A has full ownership of the assets and the assets are free from leases, liens, mortgages, guarantees or other encumbrances except for the performance of the Purchase Option Contract.

  • It is interested in formalizing this Stock Purchase Option Contract (hereinafter the "Contract") to grant Bidasoa the option of acquiring TN Shares (defined below) pursuant to the terms and conditions specified herein.

  • The mere fact that LUMINA or its assignee subscribes said public deed of acceptance shall means that the purchase and sale operation is formalized, being understood that it is made up by this Purchase Option Contract and said acceptance deed.