Term-Out Option definition

Term-Out Option has the meaning specified in Section 2.22.
Term-Out Option shall have the meaning given to such term in Section 2.1(c).
Term-Out Option means the term out option in Clause 7.2 (Term Out Option).

Examples of Term-Out Option in a sentence

  • Term-out Option .....................................................................................................

  • The giving of this notice constitutes the exercise of the Term-out Option by the Company.


More Definitions of Term-Out Option

Term-Out Option means the option of the Company to convert the Committed Loans to Term Loans as defined in and contemplated by Section 5.3.
Term-Out Option has the meaning assigned to such term in Section 2.07(b).
Term-Out Option has the meaning assigned to it in Section 2.10(a).
Term-Out Option means the option granted to the Borrower in Clause 2.6 (Term-Out Option).
Term-Out Option has the meaning specified in Section 2.4(b).
Term-Out Option is defined in Section 2.8.