Examples of Notice of Put in a sentence
The following Schedules are incorporated into and form part of this Indenture: Schedule “A” Form of Debenture Schedule “B” Form of Redemption Notice Schedule “C” Form of Maturity Notice Schedule “D” Form of Notice of Put Exercise In the event of any inconsistency between the provisions of this Indenture and the provisions of the Schedules which form a part hereof, the provisions of this Indenture shall prevail to the extent of the inconsistency.
Upon receipt of the Notice of Put Option, Xxxxxx becomes irrevocably obliged to acquire from the respective Original Shareholder the totality and no less than the totality of his respective Shares (“Shares Subject to Put Option”), for the acquisition price established in Clause 10.1.6 below.
Notwithstanding the foregoing or anything to the contrary herein, if CII has delivered a Notice of Put and based upon such exercise any other Put Party delivers a Notice of Put, but subsequent to such deliveries, at any time prior to the Put Closing, CII rescinds its Notice of Put, then each such other Put Party shall be deemed to have rescinded its/his/her respective Notice of Put.
After the Corporation receives the Notice of Put Option Exercise, the Corporation and the holder shall use their best efforts to close the purchase and sale as promptly as practicable subject to the Corporation having legally available funds for such purchase.
The closing (the "Put Closing") of the purchase and sale of the Conversion Shares pursuant to this Section 9 shall be held on the date (the "Put Date") which is the thirtieth (30th) business day after delivery of the Notice of Put.
The closing of any Put pursuant to any Notice of Put shall occur at the same Put Closing.
The representations contained herein shall be true and correct on the execution date of this Agreement, the date of the Notice of Call or Notice of Put, on Closing and the date of the sale by the Optionor, and purchase by the Optionee, of the Option Shares, with the same effect as though such representations and warranties had been made on and as of such dates.
The Company shall also deliver a copy of the Company Notice of Put Right to the Trustee.
If any Put Party shall have sold less than all of its/his/her Warrant Rights under the Warrant so delivered, the Company shall deliver to such Put Party a new Warrant (as requested by such Put Party) evidencing the Warrant Rights of such Put Party not made the subject of the Notice of Put.
Upon exercise of the Put Option, a holder of Series B Preferred Stock shall be entitled to receive an amount equal to the Original Issue Price multiplied by the number of shares of Series B Preferred Stock set forth in the Notice of Put Option Exercise.