Put Shares Sample Clauses
Put Shares. No legend shall be placed on the share certificates representing the Put Shares.
Put Shares. The Warrant Shares plus any other shares of Capital Stock owned from time to time by a Holder which were issued in respect of the Warrant Shares.
Put Shares. Subject to Section 1.4(c), if the Company has elected to designate Put Shares pursuant to Section 1.4(b), the Company and each of the Purchasers shall have entered into the Bridge Notes on terms mutually satisfactory to each party, effective as of the Effective Date, and approved by the Bankruptcy Court pursuant to its Confirmation Order.
Put Shares. Notwithstanding that WEDGE may have paid for some or all of the shares of CB&I Stock in respect of which PDM shall have exercised the PDM Put Right,
Put Shares. The Series D Preferred Stock and any other shares of ---------- Capital Stock owned from time to time by a Holder as a result of such Holder's ownership of Series D Preferred Stock. Notwithstanding anything contained or implied herein to the contrary, the term "Put --- Shares" shall not include the Warrant Shares. ------
Put Shares. (a) During the twenty (20) business day period commencing on the date of the earlier to occur of (i) June 30, 2001 or (ii) a Material Breach, PDM shall have the right to require CB&I to acquire any or all of the Put Shares then held by PDM at a purchase price equal to $17.15 per Put Share. At any time during such twenty (20) business day period, PDM will notify CB&I of its election to exercise such right (the "PDM Put Notice-Put Shares"), which Notice will contain PDM's notice of election to sell the specified Put Shares subject to such put right, the aggregate purchase price payable by CB&I at $17.15 per Put Share, and the date for consummation of such purchase and sale (not less than three (3) business days nor more than thirty (30) days after the date of such PDM Put Notice-Put Shares).
(b) Upon the date set forth in the PDM Put Notice-Put Shares for the consummation of the purchase and sale of Put Shares pursuant to Section 5.01(a), (i) CB&I will either (x) deliver to PDM the aggregate purchase price in immediately available funds for the Put Shares subject to such Notice or (y) notify PDM prior to such date that it does not intend to make such payment (in which case CB&I shall deliver a Funding Notice to Farinvest, Ltd. in accordance with the Standby Funding Agreement), and (ii) if CB&I has made payment in accordance with clause (i)(x) immediately above, PDM will by deed Transfer to CB&I such Put Shares free and clear of all Liens against such payment, and will surrender to CB&I the legended certificates evidencing such Put Shares (and the Transfer will be entered by CB&I in the U.S. part of the CB&I shareholders register).
(c) If CB&I shall not deliver when due some or all of the aggregate purchase price pursuant to Section 5.01(b) for such Put Shares (or shall have given prior written notice to PDM that it does not intend to make such payment when due), then PDM shall (i) be entitled to
Put Shares. This term means the Subdebt Shares and any Capital Stock issued in exchange therefore. Register, registered, and registration refer to a registration effected by preparing and filing a registration statement in compliance with the Securities Act, and the declaration or ordering of the effectiveness of such registration statement.
Put Shares. For purposes of this Section 9.2, Non-Put Shares shall mean the product of (x) the aggregate number of Warrants and Subject Securities prior to exercise of the Put Option multiplied by (y) the quotient determined by dividing (i) the remainder of (A) the Put Price minus (B) Put Price Limit, by (ii) the Put Price with respect to the Common Stock. After the payment by Holdings to the Holders of an amount equal to the Put Price Limit in connection with the exercise of the Put Options, there shall be no further Put Option with respect to the Non-Put Shares.
Put Shares. With respect to each exercise of the Put, the "Put Shares" shall be defined as that number of shares of Common Stock of the Company as determined by dividing the dollar amount of the equity investment to be made by the Purchaser by the Put Price Per Share; provided, however, that the aggregate equity investment that the Purchaser shall be required to make pursuant to this Agreement shall not exceed $5,000,000, with the number of Put Shares determined in accordance with the applicable Put Price Per Share. For example, if the Company partially exercises the Put and sells Put Shares to the Purchaser valued at $2,000,000 based on the applicable Put Price Per Share, the Company may, prior to the expiration of the Put Period, exercise the Put one more time and sell Put Shares to the Purchaser valued at up to $3,000,000 (or any lesser amount if greater than $1,000,000) based on the then applicable Put Price Per Share.
Put Shares. All of the Put Shares issuable in exchange for Company Preferred Stock at the Effective Time in accordance with this Agreement will be certificated and will be, when so issued, duly authorized, validly issued, fully paid and nonassessable and free of preemptive rights created by statute, Parent's certificate of incorporation or bylaws or any agreement to which Parent is a party or by which Parent is bound and will, when issued, be registered under the Securities Act and the Securities Exchange Act of 1934, as amended (the "Exchange Act") and registered or exempt from registration under applicable Blue Sky laws.