Put Exercise. The Executive may elect to have the Company purchase any or all of the Vested Stock by delivering written notice (the "Put Notice") to the Company within 60 days after the date of No Fault Termination. The Put Notice will set forth the time and place for the closing of such purchase.
Put Exercise. Upon the occurrence of a Put Exercise Event, the Lender may, or the Borrower shall upon receipt of the Lender's written instructions therefor, exercise the put under the Put Agreement by delivering the Notice of Exercise referred to therein; provided that so long as the Put Agreement is extended for 15 days after the last day of the stated term thereof the Lender shall not exercise the put or cause the Borrower to exercise the put prior the last day of such 15-day period. The proceeds of the sale of the Pledged Shares pursuant to the exercise of the put shall be applied in accordance with section 8.3.
Put Exercise. CTC may exercise the Put, on behalf of itself and the CTC Members and the Additional Members, if any, by delivering a notice of exercise to AWS during the Put Period. Any such election shall be irrevocable as to all of the CTC Members and the Additional Members. No Member other than CTC shall have any right to exercise the Put. If CTC exercises the Put, it shall (i) within five business days thereafter file with the FCC an appropriate application for transfer of control of the licenses held by the Company and, if the Put Period begins prior to the Reference Date, an appropriate certification that the minimum build-out of the licenses held by the Company has been completed, (ii) resign as Manager, such resignation to be effective on the closing of the Put following FCC approval thereof, in which event CTC shall cooperate with AWS Sub in identifying a successor manager of the Company, and (iii) take, or cause to be taken, all actions and do, or cause to be done, all things necessary, proper or advisable under applicable laws and regulations to consummate and make effective the Put (including without limitation the making of all filings necessary under the Hart-Xxxxx-Xxxxxx Xxxitrust Improvements Act of 1976, as amended, provided that AWS Sub shall reimburse CTC for the filing fee payable in connection with any such filings).
Put Exercise. The Holder (or any of its affiliates to which the Warrant has been assigned in accordance with this Warrant) may exercise the Put Right by giving written notice thereof (a “Put Exercise Notice”) to the Company at any time after the earlier of (i) there occurs an event of default (or similar term) or breach, under any of the Company’s or its subsidiaries’ credit agreements or any debt facilities where the Company or any of its subsidiaries incurs indebtedness for borrowed money from any Person other than Holder or any of its affiliates, and such event of default (or similar term) or breach remains uncured for more than fifteen (15) days, (ii) there occurs an acceleration of payment, under any of the Company’s or its subsidiaries’ credit agreements or any debt facilities where the Company or any of its subsidiaries incurs indebtedness for borrowed money or (iii) the Company files a voluntary petition, or initiates proceedings, to have the Company adjudicated bankrupt or insolvent, consent to the institution of bankruptcy or insolvency proceedings against the Company, files a petition seeking or consenting to reorganization of the Company as debtor under any applicable federal or state law relating to bankruptcy, insolvency or other relief for debtors, or seeks or consents to the appointment of any trustee, receiver, conservator, assignee, sequestrator, custodian, liquidator (or other similar official) of the Company or of all or any substantial part of its properties and assets. The Put Exercise Notice shall state, if the Warrant remains unexercised, the number of shares then purchasable under the Warrant, if any, subject to such put. The Put Right may be exercised by the Holder (or any of its affiliates to which the Warrant has been assigned in accordance with this Warrant), and may be exercised successively in accordance with this Section 6 so long as the Holder (or any of its affiliates to which the Warrant has been assigned in accordance with this Warrant) owns the Warrant.
Put Exercise. The Lessor under the Ground Lease has the right to require Seller to purchase Lessor’s interest in the fee simple interest in the ground leased property or an assignment of Lessor’s interest in the Ground Lease (“Put”). If Seller receives notice of Lessor’s election to exercise the Put prior to Closing, the Closing shall take place without adjustment of time or price. Seller shall comply with its obligations under the Put and shall keep Buyer informed of the negotiations and shall provide Buyer with a copy of the Purchase and Sale Agreement related thereto when it is executed. Seller shall provide the Buyer the opportunity to purchase the fee simple interest at the same price as Seller has acquired the same plus all its transaction costs, Seller’s fees and expenses subsequent to Closing pursuant to a separate agreement between the Buyer and Seller. The parties shall execute such additional documentation at Closing as may be reasonably required to evidence this continuing obligation if the Put is exercised prior to Closing.
Put Exercise. At any time during the Put Period and once the Financial Targets have been met, the Seller may send a notice to the Purchaser that it has elected to exercise the Put or a portion thereof ("Put Notice"). The Put Notice shall specify the number of shares being exercised and the date for the closing of the Put (the "Put Closing Date"). The Put Closing Date shall be not less than five business days after the date of delivery of the Put Notice. On the Put Closing Date the Seller shall deliver to the Purchaser certificates representing the shares being sold in the name of the Purchaser and the Purchaser shall deliver the Put Purchase Price in immediately available funds. The Seller may make multiple puts during the Put Period until all the Put Shares have been sold.
Put Exercise. Upon the delivery of each Put Notice, on or before the later of (i) 180 days after the delivery of such Put Notice and (ii) 15 days following the earliest date on which the consummation of the applicable Put by the Cash Investor is not prohibited by the terms of (or would not cause the Cash Investor to violate any minimum working capital or liquidity requirements under) any debt financing arrangements applicable to the Cash Investor, in each case, solely with respect to terms which exist in such debt financing arrangements as of the date hereof or new terms which are as restrictive or less restrictive with respect to the Cash Investor and the other borrower entities than those which exist in such debt financing arrangements as of the date hereof, the Cash Investor shall purchase and each Rollover Investor shall sell the number of such Rollover Investor’s Company Units specified in such Put Notice in accordance with the terms hereof (the “Put Closing”). If a Put Closing is not required as a result of clause (ii) of the immediately preceding sentence, the Cash Investor shall promptly use commercially reasonable efforts (which shall not include making any payment to a lender or other third party, or pursuing or consummating any sale of assets (without limiting the rights set forth herein with respect to a Rollover Investor Approved Sale), issuance of debt, equity or other securities) to cause such clause (ii) no longer to prevent a Put Closing, including, without limitation, through seeking waiver, consent or amendments with respect to the applicable debt financing arrangements.
Put Exercise. If a Put Event shall occur, then at any time thereafter, upon written notice (a "Put Exercise Notice") to the Borrower by any Lender (a copy of which shall be contemporaneously provided by such Lender to the Agent for prompt transmittal to the other Lenders), such Lender's Commitment shall immediately terminate and such Lender shall be under no further obligation to make Loans, and the unpaid principal amount of such Lender's Loans, interest accrued thereon and all other Loan Obligations to such Lender shall become due and payable (i) with respect to a Put Event described in subsections (a) or (b) of Section 7.1, 15 days after the date of such Put Exercise Notice, and (ii) with respect to a Put Event described in subsections (c) or (d) of Section 7.1, five Business Days after the date of such Put Exercise Notice, subject, in both cases, to extension under subsection (b) of this Section 7.2.
Put Exercise. If a Put Event shall occur, then at any time thereafter, upon written notice (a "Put Exercise Notice") to the Borrower by any Lender (a copy of which shall be contemporaneously provided by such Lender to the Agent for prompt transmittal to the other Lenders), such Lender's Commitment shall immediately terminate and such Lender shall be under no further obligation to make Loans, and the unpaid principal amount of such
Put Exercise. The Put Holders may exercise the Put Option (a ------------ "Put Exercise") by delivering to the Company during one of the periods set forth below a written notice (the "Put Notice") signed by Put Holders holding (i) in the case of a Put Exercise during the Initial Put Period (as defined below), at least sixty-six and two-thirds percent (66 2/3%) of the Putable Shares and (ii) in the case of a Put Exercise during the Second Put Period (as defined below), all of the Putable Shares subject to such Put Exercise. The Put Option shall be exercisable:
