Common use of PUTS Clause in Contracts

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that Investor shall purchase pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put Notice.

Appears in 79 contracts

Samples: Equity Purchase Agreement (Wikisoft Corp.), Equity Purchase Agreement (Quanta Inc), Equity Purchase Agreement (Innerscope Hearing Technologies, Inc.)

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PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticeDate.

Appears in 21 contracts

Samples: Private Equity Credit Agreement (Skybridge Wireless Inc), Private Equity Credit Agreement (Global Matrechs, Inc.), Private Equity Credit Agreement (Global Matrechs, Inc.)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticeDate.

Appears in 14 contracts

Samples: Stock Purchase Agreement (Franklin Telecommunications Corp), Private Equity Line Agreement (Cyber Care Inc), Stock Purchase Agreement (Integrated Technology Group)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticeDate, rounded to the nearest whole share.

Appears in 7 contracts

Samples: Private Equity Line Agreement (Fonix Corp), Private Equity Line Agreement (Fonix Corp), Private Equity Line Agreement (Fonix Corp)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), on any Put Date Date, the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticeDate.

Appears in 4 contracts

Samples: Private Equity Credit Agreement (Bio Pulse International Inc), Private Equity Credit Agreement (Netgateway Inc), Private Equity Credit Agreement (Microware Systems Corp)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise a Put by the delivery of deliver a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to on such Put NoticeDate.

Appears in 3 contracts

Samples: Private Equity Line Agreement (Sonic Solutions/Ca/), Escrow Agreement (Sonic Solutions/Ca/), Private Equity Line Agreement (Sonic Solutions/Ca/)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise make a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to for such Valuation Period. The Investment Amount shall not exceed the Maximum Put NoticeAmount on the Put Date.

Appears in 2 contracts

Samples: Private Equity Line of Credit Agreement (Infinite Group Inc), Private Equity Line of Credit Agreement (Geotec Thermal Generators Inc)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise make a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to on such Put NoticeDate, which amount shall not exceed the Maximum Put Amount on such date.

Appears in 2 contracts

Samples: Private Equity Line of Credit Agreement (Big Entertainment Inc), Private Equity Line of Credit Agreement (Avtel Communications Inc/De)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise make a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to on such Put NoticeDate, which amount shall not exceed the Maximum Put Amount on such date.

Appears in 2 contracts

Samples: Private Equity Line of Credit Agreement (Integrated Surgical Systems Inc), Private Equity Line of Credit Agreement (Nam Corp)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date Date, the Company may exercise make a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to on such Put NoticeDate.

Appears in 1 contract

Samples: Private Securities Subscription Agreement (Nuwave Technologies Inc)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that Investor shall purchase pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticeDate.

Appears in 1 contract

Samples: Private Equity Credit Agreement (Amedia Networks, Inc.)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that Investor shall purchase pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put Notice.. (b)

Appears in 1 contract

Samples: Equity Purchase Agreement

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), on any Put Date during the Commitment Period the Company may exercise call a Put by the delivery of a Put Notice. The number of Put Shares that Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Initial Purchase Price as applicable with respect to such Put NoticeDate.

Appears in 1 contract

Samples: Private Equity Credit Agreement (Computerized Thermal Imaging Inc)

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticeDate.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cbcom Inc)

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PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), on any Put Date Trading Day, the Company may exercise a Put by the delivery of delivering a Put Notice. The number of Put Shares that Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticePut.

Appears in 1 contract

Samples: Private Equity Credit Agreement (Markland Technologies Inc)

PUTS. Upon the terms and subject to the conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticeDate, rounded to the nearest whole share.

Appears in 1 contract

Samples: Private Equity Line Agreement (Muse Technologies Inc)

PUTS. Upon the terms and conditions set forth herein ---- (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise make a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to for such Put NoticeValuation Period.

Appears in 1 contract

Samples: Private Equity Line of Credit Agreement (Cytrx Corp)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date Trading Day during the Commitment Period the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticeDate rounded down to the nearest whole share.

Appears in 1 contract

Samples: Private Equity Line Agreement (Pixtech Inc /De/)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), on any Put Date during the Commitment Period the Company may exercise call a Put by the delivery of a Put Notice. The number of Put Shares that Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price as applicable with respect to such Put NoticeDate.

Appears in 1 contract

Samples: Private Equity Credit Agreement (NCT Group Inc)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to on such Put NoticeDate.

Appears in 1 contract

Samples: Private Equity Line of Credit Agreement (Environmental Remediation Holding Corp)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VIIVII hereof), on any Put Date the Company may exercise a Put by the delivery of a Put Notice. The number of Put Shares that the Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Purchase Price with respect to such Put NoticeDate, rounded to the nearest whole share but not in excess of the Maximum Put Amount.

Appears in 1 contract

Samples: Private Equity Line Agreement (Fonix Corp)

PUTS. Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), on any Put Date during the Commitment Period the Company may exercise call a Put by the delivery of a Put Notice. The number of Put Shares that Investor shall purchase receive pursuant to such Put shall be determined by dividing the Investment Amount specified in the Put Notice by the Initial Purchase Price or Subsequent Purchase Price, as applicable with respect to such Put NoticeDate.

Appears in 1 contract

Samples: Private Equity Credit Agreement (NCT Group Inc)

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