Options to Purchase Sample Clauses

Options to Purchase. There are no options to purchase, rights of first refusal or other similar agreements with respect to the Property which will survive Closing which give anyone the right to purchase the Property or any part thereof. There are no contracts or agreements which affect the Property, except as set forth herein.

Options to Purchase. (a) After the occurrence of a Purchase Option Trigger Event (as defined below), each Bank shall have the option to purchase all (but not less than all) of the outstanding Obligations owed to the Noteholders under each Note Purchase Agreement at a purchase price equal to 100% of the amount of such Obligations on the date of purchase (including all interest thereon to the date of purchase), plus an amount equal to the Yield-Maintenance Amount which would be payable under the applicable Note Purchase Agreement if the Senior Notes issued thereunder were prepaid pursuant to the optional prepayment provisions of the applicable Note Purchase Agreement on such date of purchase. (b) After the occurrence of a Purchase Option Trigger Event, each Noteholder under a Note Purchase Agreement shall have the option to purchase all (but not less than all) of the outstanding Obligations owed to the Banks at a purchase price equal to 100% of the amount thereof on the date of purchase (including all interest thereon to the date of purchase) and all (but not less than all) of the outstanding Obligations owed to the Noteholders under the other Note Purchase Agreement at a purchase price equal to 100% of the amount of such Obligations on the date of purchase (including all interest thereon to the date of purchase), plus an amount equal to the Yield-Maintenance Amount which would be payable under such other Note Purchase Agreement if the Senior Notes issued thereunder were prepaid pursuant to the optional prepayment provisions of the applicable Note Purchase Agreement on such date of purchase. (c) Any Creditor desiring to exercise its option to purchase under this Section 15 may do so by giving notice to the Creditors whose Obligations are to be purchased. The closing of the purchase and sale shall take place on the fifth business day after such notice is given. At the closing, the buyer will pay the sellers the purchase price of the Obligations being purchased except that, with respect to the purchase of exposures in respect of outstanding but undrawn Letters of Credit, the purchase shall be a risk participation therein payable at the same time as the related Letters of Credit are drawn. Payment of such purchase price shall be made in the same manner as specified in the applicable Senior Indebtedness Documents. Any notice of exercise of any such option to purchase shall be irrevocable. In the event more than one notice of exercise of an option to purchase under this Section 15 is...

Options to Purchase. Right of First Refusal. Should Landlord during the Term enter into an agreement to sell the Premises, or any portion thereof, (“Sales Agreement”) Landlord shall provide to Tenant a written notice of intent to sell (“Notice”) with a copy of the Sales Agreement. Tenant shall have and may exercise an option to acquire the Premises, or the portion thereof subject to the Sales Agreement, on the same terms and conditions, other than as to the identity of the purchaser and date for closing, as are set forth in the Sales Agreement. If Tenant does not within 30 days after receiving the Notice and copy of the Sales Agreement give Landlord written notice of Tenant’s intention to exercise such option, then subject to and as provided by the Sales Agreement Landlord may sell the Premises or portion thereof covered by the Sales Agreement by no later than the 150th day after receipt by Tenant of the Notice and copy of the Sales Agreement. If Landlord does not timely so sell the Premises or varies the terms of the Sales Agreement, Landlord shall again comply with the terms of this Section 15 as if no Notice had ever been given. If Tenant timely notifies Landlord of its intent to exercise such option, then at such time as Tenant may specify, but no later than 90 days following receipt by Landlord of such notice from Tenant, and at such place within the city or town where the Premises is located as Tenant may specify, or such other place and time and Landlord and Tenant may agree, Tenant shall exercise its option by purchasing, and Landlord shall sell to Tenant, the Premises or portion thereof subject to the Sales Agreement.

Options to Purchase. The Owner shall grant to the Regional District:

Options to Purchase. (a) You have the option to purchase the Solar Facility at the following times during the Initial Term: (i) Upon the fifth anniversary of the In-Service Date (ii) At the end of the Initial Term of this Agreement (iii) Should you sell your Property during the Initial Term (iv) Should Sunrun fail to perform Sunrun's Obligations (in accordance with Section 18) (b) To purchase the Solar Facility pursuant to Section 10(a), you must deliver a written notice to Sunrun of your intent to purchase within sixty (60) days of the applicable date and deliver payment to Sunrun within thirty (30) days of receiving an invoice from Sunrun for the purchase price. (c) The purchase price will be the greater of (i) fair market value, as determined at the time ("FMV") and (ii) the minimum price set forth in Exhibit A. Annually, Sunrun will determine the FMV of the Solar Facility by hiring an independent appraiser to estimate the value of a comparable in-service solar facility in your state and utility service area. This valuation will take into account the Solar Facility's age; location; size; and other market characteristics such as equipment type and equipment operating, maintenance and service costs, value of electricity in your area, and any applicable solar incentives. (d) Sunrun will credit the purchase price by any refund due to you pursuant to Section 8(b), provided however, that in no case shall such a credit result in a net purchase price that is less than the minimum purchase price set forth on Exhibit A. (e) At other times, please contact Sunrun at (▇▇▇) ▇▇▇-▇▇▇▇ to discuss the possibility of purchasing the Solar Facility. (f) If you purchase the Solar Facility, Sunrun will continue to monitor the Solar Facility for as long as the meter continues to function, or until the twentieth anniversary of this Agreement, whichever is sooner. However, Sunrun will not provide any maintenance or repair unless you enter into a separate agreement with Sunrun, at your expense, to perform these services. If possible, Sunrun will assign to you any product and/or workmanship warranties still in effect for the Solar Facility.

Options to Purchase. To grant rights of first refusal or options to purchase to qualified holders; [PL 1991, c. 373 (NEW).]

Options to Purchase. Sellers do not currently have outstanding, and will not grant, any options, rights to purchase, Contracts, or any other right entitling anyone to acquire any of the Subject Assets or the Business except as otherwise expressly contemplated herein.

Options to Purchase. (a) From and after the Closing: (i) In the event that a Change of Control (as defined in paragraph (c) below) of Weirton occurs prior to the consummation of a MetalSite Public Offering (as defined in paragraph (d) below), Weirton (or its successor) will give written notice to ICG promptly (but in any event no later than 10 days) following the occurrence of such Change of Control, and ICG will have the right and option (the "Pre-Offering Change of Control Option") to ------------------------------------- purchase from Weirton or its successor (or their respective affiliates) all or any portion of the partnership interests in the Partnership, and the member interests in the General Partner, then owned by Weirton or its successor (or their respective affiliates) at a purchase price equal to the Appraised Value of such interests (as defined in paragraph (e) below); (ii) In the event that a MetalSite Public Offering occurs, Weirton will give written notice to ICG promptly (but in any event no later than 10 days) following the consummation of such MetalSite Public Offering, and ICG will have the right and option (the "MetalSite Offering ------------------ Option") to purchase from Weirton up to an Additional Number (as defined in ------ paragraph (f) below) of shares of Common Stock of the Partnership at a per share purchase price equal to the Average MetalSite Price (as defined in paragraph (g) below) as of the date of ICG's notice of the exercise of such MetalSite Offering Option, it being understood that if ICG exercises the MetalSite Offering Option, Weirton will afford the Partnership the opportunity to sell (in lieu of Weirton) to ICG up to the Additional Number of shares of Common Stock of the Partnership as to which ICG has exercised such option at the closing for the exercise of such option, in which event ICG agrees to purchase up to the Additional Number of shares as to which it has exercised the MetalSite Offering Option from the Partnership (in lieu of Weirton) and to pay the purchase price therefor to the Partnership at such closing, it being further understood that if the Partnership determines not to or fails to deliver such shares to ICG at such closing in accordance with this Agreement, Weirton shall be obligated to deliver to ICG at such closing up to the Additional Number of shares of Common Stock of the Partnership as to which ICG has exercised the MetalSite Offering Option (and, likewise, Weirton shall be entitled to receive the purchase pr...

Options to Purchase. 26.1 LANDLORD'S OPTION TO PURCHASE TENANT'S PERSONAL PROPERTY; TRANSFER OF LICENSES. Provided Tenant has not exercised its option pursuant to Section 26.2 hereof, effective upon not less than ninety (90) days prior notice given at any time within one hundred eighty ( 180) days prior to the expiration of the Term of this Lease, or upon such shorter Notice as shall be reasonable if this Lease is terminated prior to its expiration date, Landlord shall have the option to purchase all (but not less than all) of Tenant's Personal Property, if any, at the expiration or termination of this Lease, for an amount equal to the then fair market value thereof, taking into account and with appropriate price adjustments for, all equipment leases, conditional sale contracts, UCC-1 financing statements and other encumbrances to which such Tenant's Personal Property is subject. Upon the expiration or termination of the Lease and such purchase by Landlord, Tenant shall use good faith efforts, at Landlord's sole cost and expense, to transfer and assign to Landlord or its designee, or assist Landlord or its designee in obtaining, any contracts, licenses, and certificates required for the then operation of the Facility.