Buyout Right definition

Buyout Right shall have the meaning given in Section 7.8.
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Buyout Right has the meaning set out in Section 3.19(a);
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Buyout Right has the meaning ascribed to it in Article 8.P.1
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Examples of Buyout Right in a sentence

  • Upon receipt of such notice the General Partner will advise all Limited Partners that the Majority Limited Partner has exercised its Buyout Right and commission an Appraisal.

  • The Buyout Right must be exercised within 10 days of the date the Majority Limited Partner became a Majority Limited Partner, and if not exercised within such time the Buyout Right of that Majority Limited Partner will expire and be of no further force or effect.

  • Upon the exercise of such Buyout Right, 737 the Player’s registration shall be promptly processed and released by the 738 Club and/or the League (as the case may be), and the League shall 739 promptly notify the USLPA that the Buyout Right has been exercised.

  • Such right is exercisable by written notice from the Majority Limited Partner to the General Partner confirming that it intends to exercise its Buyout Right.

  • The Buyer may exercise the Buyout Right during the applicable Buyout Period by delivering to Resistys a notice (the “Buyout Notice”) specifying a date (the “Buyout Date”) not less than thirty (30) days after the date of the Buyout Notice on which the closing of the Buyout Right will occur and whether the Buyout Consideration will be in the form of cash or Common Stock.

  • For the avoidance of doubt, the exercise of the Buyout Right by Buyer shall not relieve Buyer of its obligation to pay the Milestone Payments to Resistys pursuant to Section 4.2.

  • Upon the exercise of such Buyout Right, 766 the Player’s registration shall be promptly processed and released by the 1 By way of example, if during 2025, a Club wanted to utilize Article 8.P to terminate a Guaranteed SPA, such Club could only exercise such right with respect to the 2026 Season (and beyond)—the Club could not, however, utilize Article 8.P to cut short its obligations with respect to the 2025 Season.

  • For the avoidance of doubt, Buyer’s obligation to make the Milestone Payments and the Net Sales Payments shall terminate upon the expiration of the Additional Payment Term, provided that if Buyer earlier exercises its Buyout Right pursuant to Section 7.8, its obligation to make Net Sales Payments (but not Milestone Payments) shall terminate as provided in Section 7.8.

  • This Agreement and the security interest in the Collateral granted by Buyer to Seller hereunder shall terminate upon the expiration of the Additional Payment Term as provided in Section 4.4(i) of the Assignment Agreement, provided that if Buyer earlier exercises its Buyout Right with respect to the Net Sales Payments pursuant to Section 7.8 of the Assignment Agreement, the Net Sales Payments shall no longer be included as an Obligation hereunder.


More Definitions of Buyout Right

Buyout Right means the right of a member of a Partnership Flip Project Company to purchase the membership interests of the other member of such Partnership Flip Project Company upon the occurrence of certain specified events under the related Partnership Flip Project Company LLCA.
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Buyout Right has the meaning set forth in the Recitals.
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Buyout Right means the right of any Party who is not in default pursuant to this Agreement to purchase any other Party’s ownership rights, according to the procedure in Section 16.3.
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Buyout Right has the meaning set forth in Section 7.2(a) hereof.
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Buyout Right has the meaning given to such term in Section 10.25(c).
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Buyout Right means the right of a member of a Project Company to purchase the membership interests of the other member of such Project Company upon the occurrence of certain specified events under the related Project Company LLCA.
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Related to Buyout Right

  • Put Right has the meaning set forth in Section 8.05(a).

  • 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.

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

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options 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.

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

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

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • In-the-Money Option is defined in Section 2.8(a) of the Agreement.

  • Call Rights As defined in Section 9.01(f).

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Incentive Distribution Right means a non-voting Limited Partner Interest issued to the General Partner, which Partnership Interest will confer upon the holder thereof only the rights and obligations specifically provided in this Agreement with respect to Incentive Distribution Rights (and no other rights otherwise available to or other obligations of a holder of a Partnership Interest). Notwithstanding anything in this Agreement to the contrary, the holder of an Incentive Distribution Right shall not be entitled to vote such Incentive Distribution Right on any Partnership matter except as may otherwise be required by law.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

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

  • Option means a stock option granted pursuant to the Plan.

  • Incentive Distribution Rights has the meaning assigned to such term in the Partnership Agreement.

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

  • Option to Purchase has the meaning set forth in Section 13.1.

  • In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2021 over the exercise price of the options.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.