Purchase Obligation Price means the aggregate of:
Purchase Obligation Price means the amount due and payable by the Charterers to the Owners pursuant to Clause 54 (Purchase Option and early termination, purchase obligation and transfer of title), being the aggregate of:
Purchase Obligation Price means an amount equal to $98,000,000, less the amount of any prepayments of the Notional Rent Outstanding.
Examples of Purchase Obligation Price in a sentence
If no Total Loss has occurred, the Charterer shall be obliged to purchase the Vessel on the Expiry Date by payment of the Purchase Obligation Price.
Notwithstanding the above, the Owner shall have the right to apply the Deposit to set off against an equivalent amount of the Purchase Option Price or the Purchase Obligation Price or the Termination Sum when the same becomes due and payable in accordance with the terms of this Charter.
More Definitions of Purchase Obligation Price
Purchase Obligation Price in clause 1.1 of the Common Terms Agreement and replacing it with the following new definition: “Purchase Obligation Price” means an amount equal to the Balloon.”
Purchase Obligation Price means an amount equal to the Balloon.”
Purchase Obligation Price means an amount equal to USD 5,400,000 (United States Dollars Five Million Four Hundred Thousand) as may be adjusted from time to time in accordance with clause 36 of this Charter.
Purchase Obligation Price means an aggregate amount equal to:
Purchase Obligation Price means the aggregate of an amount equal to the Balloon Payment (as adjusted taking into account any prepayments made in accordance with clause 6.3), any other amounts owing or due and payable to the Owner by the Obligors under the Transaction Documents including fees, expense and costs incurred by the Owner in effecting the sale and transfer of the Vessel to the Charterer in accordance with clause 19 (Sale and Purchase of the Vessel).
Purchase Obligation Price means at any relevant time the Outstanding Principal …
Purchase Obligation Price. [“Purchase Option Price”] has the meaning given to that term under the Bareboat Charter.