Initial Option Payment definition

Initial Option Payment means the Option Payment, excluding the Common Stock Contingent Value Rights payable thereunder.
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Initial Option Payment has the meaning specified in Section 2.3 (a)
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Initial Option Payment has the meaning set forth in the Option Agreement.
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Examples of Initial Option Payment in a sentence

  • Optionee shall be credited with one half of the Initial Option Payment and one half of any and all Monthly Option Payments made in accordance with Paragraph 2 of this Agreement and with the deposit as defined in Paragraph 5.

  • It is further understood and agreed, that the Initial Option Payment made upon execution of this Agreement, as well as any Additional Option Payments, if made, are consideration for this option and are fully earned by Optionor upon receipt, unless otherwise provided herein.

  • The Initial Option Payment and the Additional Option Payments shall be applied to the Purchase Price to be paid by Optionee to Optionor at closing.

  • In the event that Optionor shall be unable to convey title to the Option Property in accordance with the provisions of this section, Optionee’s sole remedy shall be to terminate this Option Agreement by notice to Optionor, in which case the Initial Option Payment and any Additional Option Payments paid by Optionee to Optionor shall be returned to Optionee.

  • The Purchase Price provided for in Paragraph 6 shall be reduced by half of the Initial Option Payment REDACTED and by half of each Monthly Option Payment REDACTED paid to Optionor as provided for herein.

  • The Purchase Price provided for in Paragraph 6 shall be reduced by half of the Initial Option Payment REDACTED and by half of each Monthly Option Payment paid to Optionor as provided for herein.

  • It is payable in one of the following payment options (please select one): Total Rent shall be paid as follows: Initial Option Payment Options: By initialing a payment option below, Resident agrees to comply with the payment schedule as indicated below.


More Definitions of Initial Option Payment

Initial Option Payment means, for each Company Stock Option, the product of (a) the Notional Option Payment for such Company Stock Option multiplied by (b) the Post-Holdback Percentage.
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Initial Option Payment means that amount calculated in accordance with clause 2.3(d). Initial Option Payment Date means 10 (ten) Business Days after service by the Buyer of the Option Notice.
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Initial Option Payment. As defined in Section 3 of this Agreement.
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Initial Option Payment means the Option Consideration that would have been payable at the Closing if the Tangible Net Book Value were as set forth in a certificate prepared in good faith by the Chief Financial Officer of the Company as of the Closing Date.
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Initial Option Payment means, for each Infrant Stock Option, the product of (a) the Notional Option Payment for such Infrant Stock Option multiplied by (b) the Post-Holdback Percentage.
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Initial Option Payment means the amount of $500,000.
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Related to Initial Option Payment

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Call Option Date As defined in Section 10.01(a) hereof.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Share Payment means (a) a payment in the form of Shares, or (b) an option or other right to purchase Shares, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Interest Option has the meaning given such term in Section 2.5(c).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Delta Payment means as it is described in this Agreement.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • 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).

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).