Option Note definition

Option Note means the promissory note, dated as of November 14, 2006, in a principal amount equal to the Option Note Amount issued by The Community Foundation of Middle Tennessee in favor of the Parent Borrower.
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Option Note has the meaning set forth in the Conversion Agreement.
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Option Note shall have the meaning set forth in Section 2.1(d).
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Examples of Option Note in a sentence

  • Executive's obligations under the Option Note will be secured by a pledge of all of the Management Option Shares, and in connection therewith Executive will enter into a pledge agreement in the form of Exhibit H attached hereto.

  • As of March 1, 2024, there were 10,244,408 shares of Common Stock reserved for issuance upon the exercise of the warrants under the Bifurcated Option Note Unit Securities of New York Community Capital Trust V and 20,600,000 Depositary Shares (each representing a 1/40th interest in a share of Fixed-to-Floating Rate Series A Noncumulative Perpetual Preferred Stock of the Company) outstanding.

  • Upon expiration of the Term of this Agreement, IXC's IRU (if any), IRU leases, Cash Option, Note Option and Additional Fiber Option shall immediately terminate (except to the extent they have already expired or terminated) and all rights of IXC to use the Vyvx System, or any part thereof, shall cease and Vyvx shall owe IXC no additional duties or consideration.

  • Upon the exercise of the Option under the Conversion Agreement, under the terms and conditions set forth in the Conversion Agreement, Xxxxxx will execute the Option Note in the form attached to the Conversion Agreement as Exhibit B.

  • An Open Redemption Option Note may be redeemed at any time by the Note Holder providing ninety (90) days’ advance written notice to the Company.

  • This reimbursement obligation is in addition to any other reimbursement obligations of Borrower under this Agreement or the Rate Option Note.

  • Notwithstanding anything in the Loan Agreement or the Rate Option Note to the contrary, prior to the occurrence of an Event of Default, the outstanding principal balance of the Rate Option Note shall bear interest at the Applicable Prime Rate prior to the Maturity Date and, so long as the Extended Rate Option is available and exercised, after the Maturity Date at the Applicable CMT (Treasury) Rate.

  • Registered Representative’s/Licensed Agent’s/Insurance Producer’s name (please print) Address Phone Licensed Agent/Insurance Producer’s ID number Email If Solicitation State is Florida, Florida License Identification number Commission Option: Note: If there are more than two representatives, please attach all required representative information on a separate document.

  • In the event that TIMET elects to terminate this Agreement upon an Event of Default that is the result of Force Majeure, the outstanding principal balance of the Option Note, and all accrued and unpaid interest thereon, and fifty percent (50%) of the unearned portion of the Fee shall be immediately due and payable to TIMET; however, no Liquidated Damages shall be due or payable.

  • Upon exercise of the FMV Purchase Option, the purchase shall be consummated on the FMV Purchase Option Closing Date specified in the FMV Option Note.


More Definitions of Option Note

Option Note means the Convertible Note, if any, issued pursuant to the Option Agreement.
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Option Note means the Alanex promissory note in the amount determined in accordance with Section 5.1b hereof in the form attached hereto as Exhibit B.
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Option Note means that certain promissory note in the form attached hereto as Exhibit A-2, to be delivered, pursuant to Section 4.2(a) hereof, by WVM in favor of Bonxxxxx xx a principal amount not to exceed $5,281,300.
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Related to Option Note

  • Option Notice has the meaning set forth in Section 5.2(a).

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

  • Put Option Agreement has the meaning set forth in the recitals.

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

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • 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).

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.

  • 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.

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Purchase Option As defined in Section 3.18(c).

  • Option Agreement means a written agreement between the Company and an Optionholder evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2023-1 Vehicle for which the related 2023-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • 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 Contract means a standardised contract the effect of which is that a person acquires the option—

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

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

  • Option Certificate means the certificate, substantially in the form set out as Schedule “A” hereto, evidencing an Option;

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.