Purchase Option Commencement Date definition

Purchase Option Commencement Date has the meaning set forth in Section 1(c)(iii) of the Purchase Option Agreement.
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Purchase Option Commencement Date means the first day after the final Closing Date.
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Purchase Option Commencement Date shall have the meaning ascribed to it in Section 10.1(a).
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Examples of Purchase Option Commencement Date in a sentence

  • For purposes of Section 10.01 of the Lease, the Purchase Option Commencement Date is [ , 20 ].

  • For purposes of Section 10.01(a) of the Agreement, the Prepayment Purchase Option Commencement Date is .

  • For purposes of Section 10.01 of the Agreement, the Purchase Option Commencement Date is .

  • For purposes of Section 10.01 of the Lease, the Purchase Option Commencement Date is .

  • Technical studies on soil suitability and water availability may be needed.

  • To exercise the Purchase Option, Lessee shall serve written notice of exercise upon Lessor or Lessor’s legal representatives at any time after the Purchase Option Commencement Date but prior to the Purchase Option Termination Date (“Notice of Exercise”), which such Notice of Exercise shall be accompanied by a cash or cash equivalent in the amount of One Hundred Thousand Dollars ($100,000.00) (“Deposit”).

  • For purposes of Section 10.01 of the Lease, the Purchase Option Commencement Date is , 20 .

  • For purposes of Section 10.01 of the Master Equipment Lease, the Purchase Option Commencement Date is .

  • The Purchase Price is payable only in whole on a Rental Payment date on or after the Purchase Option Commencement Date and the Purchase Price payable is the amount equal to the aggregate principal portion of the remaining Rental Payments after payment of the Rental Payment payable on such Rental Payment date.

  • For purposes of Section 10.01 of the Agreement, the Purchase Option Commencement Date is August 24, 2012.

Related to Purchase Option Commencement Date

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2017-1 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 2017-1 Vehicle for which the related 2017-1 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 2017-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Commencement Date means the date of this Agreement.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • Option Period means the period during which an Option may be exercised.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.