Common use of Limitations on Put Rights Clause in Contracts

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)

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