Grant of Put. Optionee hereby unconditionally and irrevocably ------------ grants, conveys, transfers and assigns to Optionor the exclusive right to, subject to the terms and provisions of this Agreement, put and sell to Optionee Optionor's entire right, title and interest in, to and under all Remainder Notes in accordance with and subject to the terms and conditions of this Agreement (the "PUT"). Optionee shall be obligated to acquire such Remainder Notes upon the exercise of Optionor's Put and to assume all of Optionor's duties, obligations and liabilities arising under the Remainder Notes and the Investment Loan Documents (but only to the extent the same relate to the Remainder Notes) accruing from and after the Closing Date. In the event that Optionor exercises its Put, the Option Fee shall be credited against the Purchase Price payable at Closing.
Grant of Put. During the Term of this Agreement, Stockbuyer hereby agrees to purchase from Stockholders all, but not less than all, the Common Stock held by Stockholders that Stockholders put to Stockbuyer for the Purchase Price set forth below and on the terms and conditions set forth in this Agreement (the "Put").
Grant of Put. The Company grants to the Investors an option (the "Put"), subject to the conditions of this Agreement, to sell to the Company all of the Notes and Conversion Shares held by the Investors on the Maturity Date, in exchange for shares of ENHD stock being held in Escrow equal to 200% of the Commitment Amount, based on the closing bid price per share of ENHD on the Maturity Date (the “Put Shares”).
Grant of Put. HUB hereby grants to SJBDI the right to require HUB to purchase 200,000 shares of Common Stock at the Option Price, on the terms and conditions set forth herein (the "Put").
Grant of Put. The Company hereby irrevocably grants and issues to each Investor the right and option to sell to the Company (the “Put”) all or any portion of the Preferred Shares issued upon the conversion of the Notes or exercise of the Warrants or the Common Shares into which the Preferred Shares have been converted (the “Put Shares”) held by such Investor, on the terms set forth in this Article X.
Grant of Put. Cumulus hereby grants to GBBC the Put. In the event of the exercise of this Put, Cumulus shall have the obligation to purchase the Assets pursuant to the terms and conditions of the Asset Purchase Agreement. This Put may be exercised by GBBC at any time between March 15, 2002, and March 14, 2003 by delivery of notive by GBBC to Cumulus as provided below; provided, however, that (1) the Closing of the transaction following exercise of the Put shall not occur before January 1, 2003, and (2) GBBC shall have the right to immediately exercise its Put in the event of a material and uncured breach of the LMA by Cumulus. After March 14, 2003, the Put shall terminate and be of no further force and effect.
Grant of Put. The Company grants to the Investors an option (the "Put"), subject to the conditions of this Agreement, to sell to the Company all of the Notes held by the Investors on the Maturity Date, in exchange for: (A) cash equal to 100% of the Principal Amount, plus (B) at Investor’s option: (i) shares of Changzhou Haijie Metallurgical Machinery Manufacturing Co. Ltd. (“Haijie”) stock if such shares are issued to the Company or Redwood Capital upon the closing of Haijie’s Chinese reverse takeover (“RTO”) public listing transactions, (ii) shares of Wuhan International Trade University (“WITU”) stock if such shares are issued to the Company or Redwood Capital upon the closing of WITU’s RTO, or (iii) other client shares acceptable to Investor issued to the Company or Redwood Capital upon the closing of such client’s RTO, each equal to 200% of the Commitment Amount (the “Put Shares”). The value per share of the Put Shares for Haijie, WITU or other client shares selected by Investors will be based on, the price per share of Haijie, or WITU or such other client shares paid by the RTO cash investors in the simultaneous capital raise, and payable to the Investors in proportion to the total equity holdings of Redwood Capital at the time of prepayment.
Grant of Put. The Company hereby grants to the Shareholder an option (the “Put Option”) exercisable by the Shareholder at its sole election by written notice to the Company delivered at any time during the period between the date hereof and July 31, 2014 to sell to the Company 14,400,000 Series A Preferred Shares of the Company, representing 100% of Series A Preferred Shares held by the Shareholder as of the date hereof, for a price of $3.28 per Series A Preferred Share (or $47,284,490 in the aggregate) (the “Sale Price”) payable by wire transfer of immediately available funds to the Shareholder’s Designated Bank Account (as defined below).
Grant of Put. The Company hereby grants Orza and his estate or other legal representative the right (but not the obligation) to compel the Company to purchase all or part of the Common Stock owned by Orza or members of his immediate family (i.e. spouse or children) or controlled by any of them through trusts, partnerships, corporations or other entities on the date of Orza's death and any Common Stock acquired by Orza's estate or other legal representative after Orza's death pursuant to the exercise of stock options held by Orza at the time of his death.
Grant of Put. Upon the terms and subject to the conditions set forth in this Agreement, BMHC hereby grants to the KBI Members the right to require BMHC to purchase (the "Put") all of the Interests held by the KBI Members in the LLC. The Put may be exercised during the period commencing on April 30, 2004 and terminating at 5:00 p.m. California time on April 30, 2005 (the "Term") by KBI Members providing written notice (the "Put Notice") to BMHC during the Term of the election to exercise the Put. The Put shall terminate upon the earlier of (i) the expiration of the Term; (ii) the closing of a Redemption in accordance with the terms of Article VIII of the Operating Agreement; or (iii) the closing of a Change of Control Transaction of the LLC. The Put may be exercised only in whole and not in part. If during the stated Term set forth in this Section 2, and prior to KBI Members providing the Put Notice to BMHC, Framing delivers a Redemption Notice pursuant to Section 8.1 of the Operating Agreement or BMHC Members exercise the BMHC Manager Designation, or the Members are undertaking a Change of Control Transaction, the stated Term shall be extended by a period of time equal to the period of time that the Redemption or Change of Control Transaction is pending in the event that the Redemption or Change of Control Transaction does not close.
