Put Exercise Price definition

Put Exercise Price has the meaning given in Clause 15.1.1; "Put Option" has the meaning given in Clause 15.1.1; "Regulations Subsidiary" has the meaning given in Recital (C);

Put Exercise Price has the meaning given in Section 3.9(a).

Put Exercise Price has the meaning set forth in Section 9.06(a)(i).

Examples of Put Exercise Price in a sentence

• Pursuant to each of the Put Options, if the related Put Option is exercised, the Put Option Provider is obligated to purchase the related group of Financed Student Loans for the related Put Exercise Price on the Distribution Date in [ ] [ ].

• The transfer of FMO's Shares following the exercise of the Put Option pursuant to Clause 15.1 (Put Option exercise) shall occur as soon as reasonably possible after the Put Exercise Price has been determined in accordance with Clause 15.1 (Put Option exercise).

• Initial Stock Margin Requirement + In the Money Call Amount Equity with Loan Value of Long StockMinimum (Current Market Value, Call Aggregate Exer- cise Price) Minimum (((10% * Put Exercise Price)+ Out of the-Money Put Amount), (25% * Call Exercise Price))Long Call and Put Buy a call and a put.Margined as two long options.

• The Group Companies, considered as a single integrated financial enterprise, and assuming full exercise of the Achari Put Options and payment of the Put Exercise Price, are and will be, following such payments, solvent.

• Upon receipt of the Achari Put Shares, the Company shall deliver the Put Exercise Price to the DTC account of the Achari Put Holder listed below, or another banking institution designated by such Achari Put Holder in writing to the Company, each in accordance with the terms of the Put Option Agreement.

More Definitions of Put Exercise Price

Put Exercise Price means an amount equal to $60,475,000, plus all accumulated but unpaid dividends on the Fund Securities (whether or not earned or declared) to, but excluding, the Put Exercise Date.

Put Exercise Price the meaning given in Clause 6.1(a).

Put Exercise Price means (A) the Fair Value of the Common Stock determined as of the Put Date, divided by (B) the number of shares of Common Stock outstanding as of the Put Date, provided, however, that with respect to the Warrant, prior to its exercise, the Put Exercise Price will be reduced by the Exercise Price in effect on the Put Date.

Put Exercise Price means, with respect to any Shares to be purchased by the Company as of the date of the relevant Warrant Put Notice, the amount that would be distributable on account of such Shares assuming that, as of the date of such Warrant Put Notice, a Company Sale (as defined in the definition of Company Fair Market Value) has occurred with cash proceeds to the Company in an amount equal to the Company Fair Market Value. Such distribution will be net of any amount that would be payable by the holder of such Shares in connection with the exercise or conversion of Shares constituting warrants, options, convertible securities or other rights to acquire capital stock of the Company. For the avoidance of doubt, the determination of the amount that would be distributable on account of such Shares will reflect the following assumptions: (A) the Company’s Indebtedness, including all interest accrued thereon, will be deducted in calculating the Put Exercise Price as if the Company were not being liquidated, and (B) the aggregate Liquidation Value of all Preferred Stock outstanding as of the date of the Warrant Put Notice shall be deducted to the extent such amounts are not deducted in the calculation of Company Fair Market Value.

Put Exercise Price shall be equal to the highest of: (i) six (6) times the Adjusted EBITDA of the Company for the 12-month period that ended at the month-end immediately prior to the Put Date, plus cash or cash equivalents on hand, less all outstanding indebtedness of the Company for borrowed money, divided by the number of shares of Common Stock and Common Stock Equivalents outstanding; (ii) 100% of the book value of the Company as of the end of the fiscal quarter immediately prior to the Put Date, divided by the number of shares of Common Stock and Common Stock Equivalents outstanding; and (iii) the Fair Value of the Company, divided by the number, of shares of Common Stock and Common Stock Equivalents outstanding.

Put Exercise Price is defined in Section 12.1(b).

Put Exercise Price shall have the meaning set forth in Section 3.1 hereof.