Purchase Option Expiration Date has the meaning set forth in Section 2.3(a).

Purchase Option Expiration Date has the meaning set forth in Section 2.2(a).

Purchase Option Expiration Date means, with respect to any one or more Product Schedules or the entire Agreement, as applicable, the earliest date upon which one of the following occurs: (a) EFS issues a No Interest Notice, (b) the Purchase Option Exercise Period has expired without EFS issuing an Exercise Notice, (c) the time period for EFS or its designee to enter into a purchase agreement(s) for the purchase of the Purchased Assets and the assumption of the Assumed Liabilities has expired and EFS or its designee has not entered into such agreement(s) as set forth in Section 15.4 (Purchase Mechanics), (d) the time period for EFS or its designee to consummate the purchase of the Purchased Assets and the assumption of the Assumed Liabilities under the purchase agreement(s) has expired and EFS or its designee has not consummated such purchase as set forth in Section 15.4 (Purchase Mechanics), (e) the purchase and assumption agreement for the Purchased Assets and the Assumed Liabilities has been terminated by a Party as permitted pursuant to the terms thereof, or (f) EFS (or its permitted designee) otherwise ceases to have the option to purchase the Purchased Assets and assume the Assumed Liabilities.

Examples of Purchase Option Expiration Date in a sentence

The Parties acknowledge and agree that certain functions of the Program shall continue beyond the Agreement Termination Date through the later of the Closing Date and the Purchase Option Expiration Date (the “Wind- Down Period”).
If a Purchase Option Expiration Date occurs, the Program shall be liquidated pursuant to the provisions of Schedule 14.10 (Liquidation Process); provided, however, that nothing in this Section 14.7.2 shall be construed as limiting or relieving the obligation of Bank and DIC (and any Designated Purchaser) to use commercially reasonable efforts to consummate the purchase of the Program Assets after delivery of an Exercise Notice.
Nothing in this Agreement shall be deemed to prohibit Company, following the Purchase Option Expiration Date, from entering into any other agreement for a Credit Card program similar to the Program with any other Credit Card issuer or other party, to become effective no earlier than the Liquidation Date, regardless of whether Company has issued its Exercise Notice.
The Parties additional rights and remedies following the Purchase Option Expiration Date shall be as set forth in Schedule 14.10 (Liquidation Process).

More Definitions of Purchase Option Expiration Date

Purchase Option Expiration Date means the earliest to occur of (i) the third anniversary of the Purchase Option Issuance Date and (ii) the exercise in full of the Purchase Option.

Purchase Option Expiration Date has the meaning set forth in the Company LLC Agreement.

Purchase Option Expiration Date means the earliest to occur of (i) the third anniversary of the Purchase Option Exercise Date, (ii) the exercise in full of the Purchase Option and (iii) if the Investor shall fail to satisfy its obligation to purchase shares of Common Stock under this Agreement and such failure shall continue without cure for a period of ten (10) Trading Days after the Investor's receipt of a notice from the Company stating that the Company reasonably believes that the Investor has failed to so satisfy its obligation, the Trading Day immediately following the last Trading Day of such ten (10) Trading Day period.

Purchase Option Expiration Date shall have the meaning given in Schedule 10.4(a) (Purchase Option).

Purchase Option Expiration Date means, with respect to any one or more Product Schedules or the entire Agreement, as applicable, the earliest date upon which one of the following occurs: (a) EFS issues a No Interest Notice, (b) the Purchase Option Exercise Period has expired without EFS issuing an Exercise Notice, (c) the time period for EFS or its designee to enter into a purchase agreement(s) for the purchase of the Purchased Assets and the assumption of the Assumed Liabilities has expired and EFS or its designee has not entered into such agreement(s) as set forth in Section 15.4 (Purchase Mechanics),(d) the time period for EFS or its designee to consummate the purchase of the Purchased Assets and the assumption of the Assumed Liabilities under the purchase agreement(s) has expired and EFS or its designee has not consummated such purchase as set forth in Section 15.4 (Purchase Mechanics), (e) the purchase and assumption agreement for the Purchased Assets and the Assumed Liabilities has been terminated by a Party as permitted pursuant to the terms thereof, or (f) EFS (or its permitted designee) otherwise ceases to have the option to purchase the Purchased Assets and assume the Assumed Liabilities.

Purchase Option Expiration Date shall have the meaning set forth in Section 9.6(b)(i).