Put Period Sample Clauses

Put Period. Each Putting Member (together with its respective Permitted Transferees that have become Members) shall be eligible to deliver a Put Notice in accordance with Section 12.5.1(a)(i) with respect to up to one-third of the Aggregate Units held by the Putting Member during the period commencing on the five (5) year anniversary of the Effective Date and ending thirty (30) days thereafter, (ii) with respect to up to one-third of each such Putting Member’s Aggregate Units during the period commencing on the seven (7) year anniversary of the Effective Date and ending thirty (30) days thereafter and (iii) with respect to any remaining portion of each Putting Member’s Aggregate Units during the period commencing on the ten (10) year anniversary of the Effective Date and ending thirty (30) days thereafter; provided, however, that no Putting Member may provide a Put Notice pursuant to this Section 12.5 with respect to less than 20% of such Putting Member’s Aggregate Units. With respect to USPB, USPB shall also have the right to deliver a Put Notice to Leucadia at any time during the period commencing on the date on which USPB is no longer obligated to deliver cattle to the Company pursuant to the Cattle Purchase and Sale Agreement (the “Cattle Agreement Trigger”) and ending 180 days thereafter. With respect to New Kleinco, New Kleinco shall also have the right to deliver a Put Notice to Leucadia at any time during the period commencing on the date on which Kxxxx is no longer employed by the Company (the “Kxxxx Non-employment Trigger”) and ending 180 days thereafter. Such fifth, seventh and tenth anniversary dates, the date of the Cattle Agreement Trigger and the date of the Kxxxx Non-employment Trigger are individually referred to herein as a “Put Date” and are collectively referred to here as the “Put Dates.” The thirty (30) day period beginning on the fifth, seventh and tenth anniversary dates, the one hundred eighty (180) day period beginning on the Cattle Agreement Trigger and the one hundred eighty (180) day period beginning on the Kxxxx Non-employment Trigger shall be referred to as a “Put Election Period;” provided that, if the Initiating Seller has notified USPB, NBPCo and New Kleinco and their respective Permitted Transferees that the Initiating Seller has, in good faith, taken steps to sell the Company, the applicable Put Election Period shall be tolled for a period not to exceed 120 days to permit the Initiating Seller to implement such sale.

Put Period. PSC agrees that for the period beginning on the date hereof and ending sixty (60) calendar days after the date hereof (the “Put Period”), it shall exercise commercially reasonable efforts, with the assistance of an independent broker, to sell for a price at or in excess of U.S. $25.00 per share any of the 330,708 shares of Common Stock previously acquired pursuant to the SPA and held as of the date hereof (the “Initial Shares”).

Put Period. The Put Right shall be exercisable by NEH by delivering a Put Exercise Notice (defined below) at any time during the period (the “Exercise Period”) commencing on (and including) the earlier of (i) March 31, 2010 and (ii) the occurrence of a Toshiba Event, and ending on the earlier of (x) the date that is 30 days after receipt by NEH of the consolidated financial statements (prepared in accordance with US GAAP) of the HoldCos for the period ending September 30, 2012 and (y) February 28, 2013 (such earlier date, the “Exercise Period End Date”). For the avoidance of doubt, if the Put Exercise Notice is not delivered on or before the Exercise Period End Date, the Exercise Period shall automatically expire, and the Put Right shall thereafter be of no further force or effect, at 11:59:59 p.m. on Exercise Period End Date. Once the Put Right is exercised, NEH shall have no Put Right on the remaining Shares, if any.

Put Period. 11 SECTION 3.03

Put Period. The "Put Period" shall be the period commencing on the third anniversary of the Closing and ending on the sixth anniversary of the Closing. In addition, a "Put Event Period" shall also commence on the occurrence of a Put Event and shall continue for ninety (90) days thereafter.

Put Period. Any portion of the Delivery Period for which Seller has exercised its Energy Put Option shall be a “Put Period.” RA Period. Any portion of the Delivery Period for which Seller has not exercised its Energy Put Option shall be an “RA Period.” During any RA Period, Seller shall have the right to dispatch and sell the Capacity, Energy, Ancillary Services Capacity and Associated Ancillary Services Energy from the Project to any third party. Expected Initial Delivery Date. The Expected Initial Delivery Date is [Date; the first day of a calendar month]. If the Project (or any portion thereof) reaches Commercial Operation prior to its Expected Initial Delivery Date, Seller may dispatch and sell the output of such Storage Unit(s) to third parties prior to its Expected Initial Delivery Date (a “Third Party Sale”). Any Third Party Sale shall be limited to a delivery period that occurs before the Expected Initial Delivery Date. Seller shall ensure that such Third Party Sale does not interfere with or otherwise complicate any scheduling, confidentiality or general administrative or operational issues associated with Seller’s exercise of the Energy Put Option for the first Contract Year. Seller shall have the right to all revenues generated from such sale, and will be responsible for any costs, charges, fees, fines, or penalties associated with such sale. Once the Project reaches its Initial Delivery Date, then Seller shall not provide, convey or market the Product or any Resource Adequacy Benefits associated with the Project, in each case with respect to the Delivery Period, to any third party. Initial Delivery Date.

Put Period. For each Storage Unit, SCE shall make a “Monthly Energy Capacity Payment”, payable in arrears, to Seller for each month of the Put Period. The Monthly Energy Capacity Price for each month of a Put Period is set forth in Exhibit E and is subject to reduction in accordance with this Agreement. If the Monthly Energy Capacity Payment is reduced in accordance with this Agreement, SCE shall make the Reduced Monthly Energy Capacity Payment in lieu of the Monthly Energy Capacity Payment. The Monthly Energy Capacity Payment is as calculated below: “Monthly Energy Capacity Payment” = (A x B x 1,000) where: A = applicable Monthly Energy Capacity Price, and B = Contract Capacity.

Put Period. If the Call is not exercised within the Call Period, then for the period commencing on the date (the "Put Commencement Date") which is five (5) years after the date hereof, and ending on the later of (x) the one hundred eightieth (180th) day after the Put Commencement Date, or (y) the tenth (10th) day following delivery of the Put Reminder Notice (such period being referred to as the "Put Period"), the Class A Partners (or such of the Class A Partners as may elect to exercise their rights under this subparagraph (b), without the requirement for all of the Class A Partners to do so) shall have the right (the "Put") to require the UPREIT to acquire, and upon exercise of the Put the Upreit shall be required to acquire by contribution from such Class A Partners, all of the Retained Interests owned by the exercising Class A Partners for the Put Consideration (as hereinafter defined) allocable to such Class A Partners. The "Put Reminder Notice" means a notice from the UPREIT to the Class A Partners (given not earlier than 30 days prior to the expiration of the 180 day period following the Put Commencement Date) that such 180 day period is about to, or has, expired.

Put Period. Put Period means any period of time during which the ---------- Put Right may be exercised as set forth in Section 10.5.

Put Period. Until the expiration of the Put Period: (i) the Purchaser Shares shall be held by Purchaser, together with the Seller Stock Power; and (ii) Purchaser shall not: (A) sell, offer to sell, contract or agree to sell, hypothecate, pledge, grant any option to purchase or otherwise dispose of or agree to dispose of, directly or indirectly, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the SEC promulgated thereunder, with respect to any of the Purchaser Shares, (B) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any of the Company Shares, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (C) publicly announce any intention to effect any transaction specified in clause (A) or (B).