Control Option definition

Control Option has the meaning assigned to such term in Section 10.1(b).
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Control Option means the allocation of funding to deliver the vision
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Control Option has the meaning given to such term in the Construction Pledgor LLC Agreement and the Sponsor Partner LLC Agreement.
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Examples of Control Option in a sentence

  • If a Customer has elected a Controlled Load Option or Other Load Control Option, the Distributor may control the relevant part of the Customer's load for the maximum period permitted by the relevant Price Category or Price Option (subject to any eligibility criteria and other associated requirements relating to that Price Category or Price Option).

  • Except for its interests in the Control Option Agreements and the Option Agreement Assignment, Intercable does not own any assets and, except as set forth on Schedule 3.4, Intercable does not have any liabilities or obligations of any nature whatsoever (other than franchise taxes), whether known or unknown, absolute, accrued, contingent or otherwise and whether due or to become due.

  • The exercise of the Control Option pursuant to this Section 10.1(b) shall not affect (A) the status of any Managing General Partner of the Partnership generally or any Series (other than the Series EA or Series ME) or (B) the Percentage Interest of the Series EA Partners or the Series ME Partners.

  • Change of Control Option Acceleration Plan EXHIBIT A RELEASE AGREEMENT I understand that my position with Peet's Operating Company, Inc.

  • No judgment, injunction, order or decree (i) enjoining or prohibiting BTH or the BTH Subsidiaries from consummating the transactions contemplated hereby or the exercise of the Control Option (including its exercise pursuant to Section 7.5(a)) or (ii) invalidating or terminating the Control Option shall have been entered prior to or on the Final Closing Date.

  • To the extent that the ECP Defendants or the AC Venture Defendants do not elect to exercise their Control Option at the initiation of a particular Norit Matter, ADA may, but shall not be obligated to, elect to control such Norit Matter, which control shall include full authority to settle such Norit Matter.

  • The Event of Default Fee and the Pre-Funding Change of Control Option Price shall also be payable in the event that this Agreement is satisfied or released by foreclosure (whether or not by power of judicial proceeding), deed in lieu of foreclosure or any other means.

  • Licensee may exercise the Purchase Option during the period ending 10 calendar days after the end of the ninth Contract Year (“Year 10 Option Period”), together with the Year 4 Option Period, the Change of Control Option Period and the LCNY Option Period, the “Option Periods”).

  • The Control Option will not terminate solely because of the expiration of the Exercise Periods described in clauses (ii) and (v) of Section 3.1, or in the case of a Section 3.1(a)(vi) Exercise, upon the termination of the ▇▇▇▇▇/Comcast Agreement and the failure of the Closing hereunder to occur.

  • Control Option under which the Discharge will be limited by a timer which will be used to inhibit the Discharge from the pumping station into the Water Company’s Sewerage Network and only allow discharge between 11pm and 6am.


More Definitions of Control Option

Control Option means the option provided for under the Control Option Agreement by and among the Company, the Mas Stockholders and GE Capital that gives GE Capital the right, under certain circumstances, to purchase from the Mas Stockholders and/or the Company sufficient shares of Common Stock so that GE Capital's Equity Ownership of the Company after such purchase is 51%.
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Related to Control Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Call 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 payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to Exercise the Option.

  • Repurchase Right has the meaning specified in Section 11.1 hereof.