Put Election Notice definition

Put Election Notice shall have the meaning provided in Section 15.2.

Put Election Notice has the meaning ascribed to such term in Section 6.02(b).

Put Election Notice has the meaning assigned to it in Section 2.5 hereof.

Examples of Put Election Notice in a sentence

• Upon exercise of the Option or Put as provided in (and ------- in accordance with) any of Sections 1 or 2 above, the purchase and sale of the ---------- - Remainder Notes shall close on the closing date specified in the Option Election Notice or Put Election Notice, as applicable, in accordance with the terms of Sections 1(b) and 2(b), respectively (the "CLOSING DATE").

• The Put Election Notice shall include (i) the proposed closing date, which shall not be less than ten (10) business days after the delivery thereof nor more than twenty (20) business days after the delivery thereof, and (ii) the Optionor's calculation of the Fair Market Value of the Remainder Notes based on the proposed closing date.

• The broker(s) shall determine the FMV by evaluating both Members proposed FMVs in light of the fair market value of the Property, such fair market value being the fairest price estimated in the terms of money that the Company could obtain if the Property was sold in the open market allowing a reasonable time to find a purchaser who purchases with knowledge of the business of the Property at the time of the delivery of the Put Election Notice or Call Election Notice.

• 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 Second 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 Second Put Option (the "Second Put Election Notice").

More Definitions of Put Election Notice

Put Election Notice has the meaning given thereto in Section 6.01(a) hereof.

Put Election Notice shall have the meaning set forth in Section 8.01(a).

Put Election Notice means written notice delivered to the Company and the Trustee by the Purchaser (or any Affiliate transferee thereof) after September 30, 2007, pursuant to which the Purchaser or such Affiliate transferee elects to cause the Company to redeem a portion of the Senior Notes held by the Purchaser or such Affiliate transferee in an aggregate principal amount not to exceed Two Million Dollars ($2,000,000).

Put Election Notice has the meaning set forth in Section 9.03(a).

Put Election Notice has the meaning set forth in Section 1.2 to this Exhibit C.

Put Election Notice is defined in Section 7.23.

Put Election Notice has the meaning set forth in Section 12.