Common use of Grant of Put Option Clause in Contracts

Grant of Put Option. Each of the Put Holders shall have the right (but not the obligation) to sell to Revision, and Revision shall be obligated to purchase from each such Put Holder, up to an aggregate of 1,103,817 shares of Common Stock (the "Securities") at a purchase price of $16 per share.

Appears in 2 contracts

Samples: Put Agreement (Feldman Warren), Put Agreement (Gold & Appel Transfer Sa)

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Grant of Put Option. Each On one occasion during the Exercise Period, each of the Put Holders shall have the right (but not the obligation) to sell to Revision, and Revision shall be obligated to purchase from each such Put Holder, up to an aggregate of 1,103,817 shares of Common Stock (the "Securities") at a purchase price of $16 per share.

Appears in 2 contracts

Samples: Put Agreement (Total Tel Usa Communications Inc), Put Agreement (Feldman Warren)

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Grant of Put Option. Each On one occasion during the Exercise Period, each of the Put Holders shall have the right (but not the obligation) to sell to Revision, and Revision shall be obligated to purchase from each such Put Holder, up to an aggregate of 1,103,817 104,320 shares of Common Stock Stock, (the "Securities") at a purchase price of $16 per share.

Appears in 1 contract

Samples: Put Agreement (Total Tel Usa Communications Inc)

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