Purchase Option Notice definition

Purchase Option Notice. As defined in Section 3.18(e).

Purchase Option Notice shall have the meaning assigned to such term in Section 9(a) hereof.

Purchase Option Notice. As defined in Section 3.18 (a)(iii).

Examples of Purchase Option Notice in a sentence

• Subject to the provisions of the laws and regulations of China, Party A may exercise the Equity Interest Purchase Option by issuing a written notice to Party B (the "Equity Interest Purchase Option Notice"), specifying: (a) Party A's decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased from Party B (the "Optioned Interests"); and (c) the date for purchasing the Optioned Interests and/or the date for transfer of the Optioned Interests.

• Upon receipt of a Purchase Option Notice, the Subordinate Lender shall have the option, exercisable by the Subordinate Lender by delivering a notice (the "Exercise Notice") to the Senior Lender within ten (10) Business Days after the receipt of such Purchase Option Notice, to purchase the Senior Indebtedness from the Senior Lender for the Purchase Price (the "Purchase Option").

• Upon such Final Purchase Option Notice, the Purchase Option shall become irrevocable.

• The undersigned Option Holder acknowledges and agrees that its exercise of its Purchase Option Notice may not be revoked and that the undersigned Option Holder, or its designee, shall be obligated to close its purchase of Mortgage Loan ___ in accordance with the terms and conditions of this letter and Section 3.18 of the Pooling and Servicing Agreement.

• This notice is to inform you that the exercise of your Purchase Option in respect of Mortgage Loan number ___, pursuant to your Purchase Option Notice dated _________, a copy of which is attached hereto, is effective.

More Definitions of Purchase Option Notice

Purchase Option Notice is defined in Section 2.4(b) of the Purchase and Sale Agreement

Purchase Option Notice has the meaning provided in Section 13(a) hereof.

Purchase Option Notice shall have the meaning provided in Section 5(a).

Purchase Option Notice has the meaning provided in Section 13(a) hereof. “Qualified Manager” shall mean a property manager of the Premises which (A) is a reputable management company having at least five (5) years’ experience in the management of properties with similar uses as the Premises and in the jurisdiction in which the Premises are located, (B) has, for at least five (5) years prior to its engagement as property manager, managed at least (5) properties of the same property type as the Premises, and (C) is not the subject of a bankruptcy or similar insolvency proceeding.

Purchase Option Notice has the meaning given to such term in Section 4.12.

Purchase Option Notice shall have the meaning assigned to such term in Section 19(d).

Purchase Option Notice means a written notice (in such form as the Owners and the Charterers may agree) which the Charterers may deliver to the Owners for the purpose of the Charterers exercising the Purchase Option.