Put arrangement definition

Put arrangement means provisions in the bond proceedings under which holders of the applicable bonds may exercise an option, or are required, to surrender the bonds or their ownership for an amount of payment previously established in or pursuant to the bond proceedings, at times, which may, but need not be, consistent with the ends of interest rate periods and which may be altered with or without the approval or consent, or upon the direction of, the absolute obligor or the issuer, as provided for in the bond proceedings.
Put arrangement means any put arrangement, as defined in division (N) of section 9.98 of the Revised Code, with respect to bonds.
Put arrangement means an agreement of Borrower or any Restricted --------------- Subsidiary to repurchase or otherwise make a Restricted Payment in respect of Equity Interests issued as consideration for an acquisition by Borrower or any Restricted Subsidiary after the Effective Date (for example, to repurchase such Equity Interests during a specified option period if a specified average closing price of such Equity Interests is below a specified price target).

Examples of Put arrangement in a sentence

  • Let your leaving care Personal Adviser know in advance if you wish to end the Staying Put arrangement.

  • It is recognised that when a placement changes from a ▇▇▇▇▇▇ placement to a Staying Put arrangement the level of support provided by carers should reduce.

  • Let my leaving care personal adviser / social worker and Staying Put Provider know in advance if I wish to end the Staying Put arrangement.

  • This disregard is lost on the whole payment (section 23C and non-section 23C) if the young person leaves the Staying Put arrangement and then returns to that same carer or moves to another carer after their 18th birthday.

  • Depending on their circumstances, young people in a Staying Put arrangement can claim one or more of these benefits from their 18th birthday.

  • The Staying Put arrangement can be ended before the young person's 21st birthday by the young person or carer giving relevant notice.


More Definitions of Put arrangement

Put arrangement means provisions in the bond proceedings under which

Related to Put arrangement

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Foreign Benefit Arrangement means any employee benefit arrangement mandated by non-U.S. law that is maintained or contributed to by any Credit Party or any of its Subsidiaries.