Examples of Put Agreement in a sentence
If the Transaction has not closed by the Maturity Date, and provided that the transfer of the Notes has been completed upon the exercise of the Put Right in accordance with the terms of the Put Agreement, on the 30th day following the Maturity Date, the Notes shall thereafter represent an unsecured payment obligation of the principal amount of the Notes by Company.
Notwithstanding the foregoing, nothing in this section 9(y) shall prohibit the Purchaser from exercising the Put Right in accordance with the terms of the Put Agreement.
Prior to the exercise of the Put Right and the transfer of the Notes in accordance with the terms of the Put Agreement, nothing is intended to create, nor shall it be construed as creating, a payment obligation of the Company in respect of the Notes.