Put Event Notice definition
Examples of Put Event Notice in a sentence
In order to exercise the Put Option, the holder of a Note must, during the period commencing on the date on which the Put Event Notice is given to Noteholders as required by this Condition 9(h) and ending 60 days after such occurrence (the “Put Period”), deposit with any Paying Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying Agent.
The Definitive Notes and all Coupons relating thereto and maturing after the date fixed for redemption should be deposited with the Put Event Notice.
Upon receipt by a Paying Agent of a duly completed Put Event Notice and the Definitive Notes to which such Put Event Notice relates, in accordance with Condition 5(c) (Redemption on Change of Control), the Paying Agent shall notify the Issuer and (in the case of a Paying Agent other than the Fiscal Agent) the Fiscal Agent thereof indicating the certificate or serial numbers (if any) and principal amount of the Notes in respect of which the Put Option is exercised.
Payment should be made by [complete and delete as appropriate]: • EUR cheque drawn on a bank in [London] and in favour of [name of payee] and mailed at the payee's risk by uninsured airmail post to [name of addressee] at [addressee's address].] * For notes in definitive form the Put Event Notice, duly completed and executed, should be deposited at the specified office of any Paying Agent.
If the Purchasers and the Company receive a SatCon Put Event Notice within such five Business Day period, then each of the Purchasers shall have all of the rights granted to such Purchaser upon the occurrence of a Put Event and the Purchasers shall not cause the Company to take any Bankruptcy Action without the prior written consent of SatCon.