First Put Option definition

First Put Option has the meaning assigned to it in Section 2.1 of this Put Option Agreement.

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First Put Option means the option granted by the Optionee to the Grantors in Clause 2.3;

First Put Option shall have the meaning set forth in Section 2.03(a).

Examples of First Put Option in a sentence

A First Put Option Notice, a Call Option Notice or a Second Put Option (each a “Relevant Notice”) given under this Deed shall only be effective if it is given in writing in the form provided in Schedule 1.
If the H&Q Parties elect to exercise the First Put Option with respect to less than all of the Covered Securities that are subject to the First Put Option, each Buyer will purchase its pro rata share of the reduced number of Covered Securities with respect to which the First Put Option is exercised.
At the end of the First Put Exercise Period, any Covered Securities that are set forth opposite an H&Q Party's name on Exhibit B under the heading "Upon Exercise of the First Put Option" and that are not included in the First Put Election Notice shall no longer be subject to the First Put Option.
The First Put Option may be exercised only by giving written notice to the Buyers stating the number of Covered Securities to be sold by each H&Q Party pursuant to the First Put Option (the "First Put Election Notice").
In consideration of the grant of the First Put Option and the Second Put Option the Grantors in the Relevant Proportions hereby agree to pay the Optionee the sum of €10 on the execution of this Agreement.

More Definitions of First Put Option

First Put Option means an option granted to a Rollover Alternative Participator by Midco 2 under clause 2.2. means the 12 per cent. unsecured redeemable consideration loan notes 2031 to be constituted by the Midco 2 Consideration Loan Note Instrument. constituting the Midco 2 Consideration Loan Notes, to be executed by Midco 2 at Completion, as amended, varied, restated or replaced from time to time.

First Put Option has the meaning given to such term in clause 2.2.1;

First Put Option has the meaning specified in Section 1.1(a).

First Put Option means the right of the Company to issue and sell Common Shares to the Buyer in accordance with and subject to Section 5.1(a) of this Agreement.

First Put Option means the first put option as that term is defined in the Sale of Shares Agreement.

First Put Option is defined in Section 12.2.1(a).

First Put Option or “Options” shall be deemed to references to the sale of B Ordinary Shares pursuant to Article 15.16 and this Article 15.17; and