Limitations on Put Rights. Notwithstanding anything in this Agreement to the contrary, (i) Holder shall not have a Put with respect to any Shares if and so long as the Common Stock is Publicly Traded and (ii) BCSG shall not be required to purchase any Shares pursuant to a Put to the extent that BCSG is then prohibited from doing so by law or by any agreement to which it is bound.
Appears in 4 contracts
Samples: Stock Option Agreement (Booth Creek Ski Holdings Inc), Stock Option Agreement (Booth Creek Ski Holdings Inc), Stock Option Agreement (Booth Creek Ski Holdings Inc)