Purchase Option Exercise Notice definition

Purchase Option Exercise Notice has the meaning set forth in Section 2(a) of the Purchase Option Agreement.

Purchase Option Exercise Notice is defined in Section 9.7 of the Company LLC Agreement.

Purchase Option Exercise Notice has the meaning given that term in Section 22.1.

Examples of Purchase Option Exercise Notice in a sentence

• If after the delivery of the Assets Purchase Exercise Notice or the Equity Purchase Option Exercise Notice with a specified Purchase Price, it is determined that the laws of China do not permit the purchase of the Optioned Equity Interests and/or Assets at the price provided for herein, the Purchase Price shall be the lowest price allowed by law and Party A shall have the right to rescind its Purchase option Notice and continue the management arrangements then in place.

• The Purchase Option Exercise Notice shall be delivered on a Business Day to Holdings and Symphony Allegro and shall be irrevocable once delivered.

• If Tenant desires to exercise the Purchase Option, Tenant shall deliver to Landlord thirty (30) days prior written notice ("Purchase Option Exercise Notice") of Tenant's election.

• If Ingevity has not exercised the Truck Shop Expansion Option prior to or in connection with giving the Purchase Option Exercise Notice, then prior to or at the Purchase Option Closing, Ingevity and the Mill Owner shall reasonably cooperate to cause the Truck Shop Property to be surveyed and removed from the legal subdivision that describes the Carbon Plant Real Property (unless such removal already has occurred).

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More Definitions of Purchase Option Exercise Notice

Purchase Option Exercise Notice means the written notice of irrevocable election the Class B Member makes to the Company, the Class A Member and the Indenture Trustee with respect to a Purchase Option.

Purchase Option Exercise Notice shall have the meaning ascribed to it in Section 2.5(b).

Purchase Option Exercise Notice has the meaning set forth in Section 2(a) of the Purchase Option Agreement. Confidential materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions.

Purchase Option Exercise Notice has the meaning set forth in the Company LLC Agreement.

Purchase Option Exercise Notice or "Purchase Option Notice" shall refer to the notice to be given by Tenant to Landlord if Tenant wishes to exercise its Option to Purchase the Office, Research and Development Park pursuant to Section 22.2, and shall have the specific meaning set forth in said Section.

Purchase Option Exercise Notice. The delivery of a Purchase Option Exercise Notice by one or more Tentative Exercising Buyers shall constitute a binding and irrevocable commitment by such Tentative Exercising Buyers exercising the Project Purchase Option (each, an “Exercising Buyer” and collectively, the “Exercising Buyers”) to purchase, and shall create a binding obligation of Seller to sell the Facility Assets as specified herein (subject to Seller’s obligation to deliver any Breach Notice in accordance with Section 5.7 and the satisfaction or waiver of each of the conditions to Closing set forth in Article VII and Article VIII) by the applicable Closing Date. If for any reason the Tentative Exercising Buyers deliver a Purchase Option Tentative Notice but do not deliver a Purchase Option Exercise Notice, such Tentative Exercising Buyers shall reimburse Seller for the reasonable costs and expenses incurred by Seller in connection with the preparation of the Seller Disclosure Schedules for such Purchase Option Opportunity (including reasonable attorneys’ fees and expenses) in an aggregate amount up to Fifty Thousand Dollars ($50,000).

Purchase Option Exercise Notice shall have the meaning set forth in Section 20.1(b) of the Lease.