Early Purchase Option definition

Early Purchase Option means the State's option to purchase all of Lessor's right, title and interest in and to, all Equipment leased under any Lease, or any lesser portion thereof specified by the State, as provided in Section 12.

Early Purchase Option means the purchase option provided the Lessee in Section 22.1 of the Lease.

Early Purchase Option. As long as no event of default exists or will exist given the passage of time or the giving of notice or both, Lessee will, with ninety (90) days prior written notice, have the option to purchase all, but not less than all, of the Equipment under this Rental Schedule on October 9, 2002 (the "Early Purchase Date") by paying Lessor an amount equal to ($376,878.87) (30% of the Acquisition Cost of the Equipment) plus all other amounts then due and payable under the Rental Schedule as of the Early Purchase Date. Such Early Purchase Option purchase amount includes consideration to Lessor for Lessee's recapture of the tax benefits.

Examples of Early Purchase Option in a sentence

• The Lease Term for each item of Equipment will commence as provided in Section 10 and terminate upon the earliest to occur of any of the following events: (a) the termination of the applicable Lease pursuant to Section 19; (b) the State's exercise of the Early Purchase Option as to the Equipment; or (c) the expiration of the Lease Term as specified in the Lease Schedule upon payment of all Lease Payments thereunder.

• Upon the State’s exercise of the Early Purchase Option or the State’s payment of all sums due under the Lease Payment Schedule, Lessor will transfer free and clear title to the State.

• If the property is lost or destroyed, your liability will not be greater than the Early Purchase Option calculated at the time of loss or destruction.

• However, if the Company’s preferred alternative to exercise the Early Purchase Option is authorized by the Commission, Public Service will work with SWG to satisfy the respective obligations under the terms of the PSA and close the transaction as early as mid-2020 (with a target of May 1, 2020).

• Lower House, parliamentary year 2013/2014, reference 22452 No. 36, motion tabled by the Members of Parliament Duisenberg and Jadnanansing, 17 December 2013.The Modern Migration Policy, effective since June 2013, has accelerated migration procedures and reduced the administrative burden.

More Definitions of Early Purchase Option

Early Purchase Option means the Lessee's option to purchase a Property in accordance with the provisions of Section 18.1 of the Master Lease.

Early Purchase Option. Any time after 3 months from the Lease Date you will own the Property when you pay to us, in a lump sum payment, all past due payments and fees and an amount equal to the Cash Price multiplied by a fraction that has as its numerator the number of periodic payments remaining and that has as its denominator the total number of periodic payments. If you have not exercised either of these options see § 5 for additional ownership information. Applicable sales tax will be added to all payments.

Early Purchase Option. Option Date: Option Price:

Early Purchase Option shall have the meaning set forth in Section 7 ---------------------- --------- hereof.

Early Purchase Option. Option Date: N /A. Option Price: $ N/A. 14. Expiration Date: November 30, 2008. 15.

Early Purchase Option. Option Date: 84 months from the Basic Term Commencement Date Option Price: $4,246,830.00 14. Expiration Date: November 11, 2013 15. Daily Lease Rate Factor: 84 @ .00020457; 96 @.00024719. 16. Basic Term Lease Rate Factor: Factor Rental No. .00613714 1-84 .00741571 85-180

Early Purchase Option is defined in Section 25.1. ------------