Purchase Right Party definition

Purchase Right Party has the meaning set forth in Section 6.11(b)(i).
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Examples of Purchase Right Party in a sentence

  • Party B hereby unconditionally and irrevocably agrees that, in the event that Party A exercises its Purchase Right, Party B shall unconditionally refund to Party A the Transfer Fee in full.

  • In any exercise of a Purchase Right, the Purchase Right Party may elect to acquire less than the aggregate number of additional Newmark Opco Units that such Purchase Right Party shall be entitled to purchase pursuant to such Purchase Right (in which case, the Purchase Right with respect to the unexercised portion of the additional Newmark Opco Units shall survive and continue in effect on the terms contemplated by this Section 6.11(b)).

  • When exercising the Equity Purchase Right, Party A shall give Party B a written notice (the Notice of Equity Purchase), which shall specify: (a) Party A’s decision on exercising the Equity Purchase Right; (b) the equity shares to be purchased by Party A from Party B (the Purchased Equity); and (c) the purchase date /transfer date of the Purchased Equity.

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  • When exercising the Underlying Asset Purchase Right, Party A shall provide Party B with a written notice (“Underlying Asset Purchase Notice”), which shall state: (a) The decision of Party A on the exercise of the Underlying Asset Purchase Right; (b) the Underlying Assets that Party A intends to purchase from Party B (the “Purchased Underlying Assets”); and (c) the date of purchase/date of transfer of the Underlying Assets.

  • In the event that the Party A exercise its Purchase Right, Party A shall provide a written notice to Party B (“Purchase Notice”), such Purchase Notice shall speficy the following information: (a) the decision of Party A to exercise its Purchase Right; (b) the portion of equity interest Party A intends to purchase (“Purchased Share”); and (c) the date for purchasing Purchased Share and/or the date to transfer Purchased Share.

  • Notwithstanding anything herein to the contrary, the Secured Parties may waive any Event of Default at any time prior to the receipt of notice that a Purchase Right Party has timely exercised the Purchase Right.

  • When exercising its Equity Purchase Right, Party A shall give Party B a written notice (“Equity Purchase Notice”), setting out (a) the decision by Party A of exercising its purchase right; (b) the percentage of equity interest it intends to acquire from Party B (“Acquired Equity”); and (c) purchase date/ equity transfer date.

Related to Purchase Right Party

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Purchase Rights shall have the meaning set forth in Section 5(c).

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • right holder means a person or a legal entity that was previously granted or lawfully acquired a fishing right or which will be granted a right in the allocation process envisaged in this Policy.

  • Stock Appreciation Right” or “SAR means a stock appreciation right awarded under the Plan as provided in Section 8.

  • Covered Call Option means an exchange traded option 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 (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Restricted Common Stock means shares of Common Stock which are, or which upon their issuance upon the exercise of any Warrant would be required to be, evidenced by a certificate bearing the restrictive legend set forth in Section 3.2.

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Financial Transmission Right Option means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(c), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(c).

  • Ten Percent Shareholder means a person who owns (or is deemed to own pursuant to Section 424(d) of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of any of its Affiliates.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.