Holdco Put Option definition

Holdco Put Option has the meaning given in Clause 2.2.1;
Sample 1Sample 2Sample 3
Holdco Put Option has the meaning given in the Option Agreement;
Sample 1Sample 2
Holdco Put Option. Each minority shareholder of Biostime Australia Holdings will have the right to require Biostime Australia to buy all of its shares in Biostime Australia Holdings on the third, fifth, sixth, seventh and eighth anniversaries of completion of the Acquisition. “Holdco Call Option” Biostime Australia will have the right to require any minority shareholder of Biostime Australia Holdings to sell all of its shares in Biostime Australia Holdings on the fifth, sixth, seventh and eighth anniversaries of completion of the Acquisition. The price payable for the shares in Biostime Australia Holdings on completion of the exercise of the Holdco Put Option or the Holdco Call Option will be fair market value, as determined by an expert. The principal terms of the Roll-Up Shareholders’ Agreement will be reproduced in the circular in relation to the Transactions to be dispatched to the Shareholders.
Sample 1

Examples of Holdco Put Option in a sentence

  • Accordingly, the grant of the Holdco Put Option to associates of Xxxxx Xxxx which are amongst the Target Minority Shareholders (namely, Kednel Pty Ltd (as trustee for the Sali Investment Trust) and Super Radek Pty Ltd (as trustee for the Super Radek Superannuation Fund)) constitutes a connected transaction of the Company under Chapter 14A of the Listing Rules.

  • Accordingly, pursuant to Rule 14.76(1) of the Listing Rules, the grant of the Holdco Put Option to the Target Minority Shareholders constitutes at least a major transaction of the Company and is subject to the reporting, announcement and Shareholders’ approval requirements under Chapter 14 of the Listing Rules.

  • The exercise of the Holdco Put Option is not at the discretion of Biostime Australia and as at the date of the grant of the Holdco Put Option, Biostime Australia is unable to determine the highest possible monetary value of the consideration payable upon the exercise of the Holdco Put Option.

  • The principal terms of the Roll-Up Shareholders’ Agreement include, among others, grant of the Holdco Put Option by Biostime Australia to the Target Minority Shareholders, namely Biostime Australia will grant each of the Target Minority Shareholders the right to require Biostime Australia to buy all (but not some only) of its shares in Biostime Australia Holdings on the third, fifth, sixth, seventh and eighth anniversaries of completion of the Acquisition, by giving a Holdco Put Option Exercise Notice.

  • The principal terms of the Roll-Up Shareholders’ Agreement would be identical to those in the Existing Shareholders’ Agreement as set out in the Previous Circular, subject to, among others, the grant of the Holdco Put Option and the Holdco Call Option as defined and described above.


More Definitions of Holdco Put Option

Holdco Put Option shall have the meaning ascribed to such term in Section 12.1(b) hereof.
Sample 1

Related to Holdco Put Option

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.

  • Share Repurchase means the purchase, repurchase, redemption or other acquisition by Borrower from any Person of any capital stock or other equity interest of Borrower.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Put Option Agreement has the meaning set forth in the recitals.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Call Rights As defined in Section 9.01(f).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Put Option Event means a Change of Control Event.