Put Feature definition

Put Feature means, with respect to the Series 2004-A Notes, the right of the Holders to put the Series 2004-A Notes to the Issuer upon satisfaction of the conditions set forth in Section 3.15(a) and receive the amounts specified in Section 3.15(a).
Put Feature means, with respect to a series of Notes, the provisions in the Indenture Supplement for such series of Notes that allow the Noteholders, under specified circumstances, to put the Notes of such series to the Issuer in exchange for the proceeds (up to the amount specified in the Indenture Supplement) from the sale of Receivables specified in such Indenture Supplement.

Examples of Put Feature in a sentence

  • The Stock Option Agreement had a number of unusual and potentially "draconian"[19] provisions, including the Note Feature and the Put Feature.

  • As discussed previously, the Stock Option Agreement contained several "draconian" aspects, including the Note Feature and the Put Feature.

  • Having weighed up the social, environmental and economic impacts of the proposal, it would represent a sustainable development.

  • In the case of a series or class of Notes that has been accelerated following an Event of Default, if the Put Feature of such series or class of Notes has been deemed to be exercised as provided in the related Indenture Supplement, the Indenture Trustee will sell Principal Receivables and the related Non-Principal Receivables (or interests therein) as provided in such Indenture Supplement.

  • If the Put Feature described in the section below is exercised by the Holder, and the Company does not pay the full redemption price when due, then the conversion price shall be reset to equal the lesser of (i) the Initial Conversion Price, or (ii) 85% of the average closing bid price for the 45 trading days prior to conversion.

  • No LYONs may be purchased if there has occurred and is continuing an Event of Default.Because of the Company's need to utilize cash for planned capital expenditures, unless the Offering is completed successfully, the Company expects to pay for any LYONs delivered to it pursuant to the Put Feature by issuing Common Stock.

  • See "Use of Proceeds." The Company is unable to predict how many LYONs it may be required to purchase pursuant to the Put Feature.

  • Exercise of Put Feature; Sale of Receivables for Accelerated Notes...........................17 Section 3.16.

  • The EFI Option has a put feature (the "Put Feature") that requires Printcafe to redeem the option shares at the aggregate price paid for the shares by EFI, upon the occurrence of certain events.

  • If the Company were required to purchase all of the LYONs on June 14, 1994 pursuant to the Put Feature, assuming a market price of the Common Stock of $11 3/8 (the closing price on the New York Stock Exchange on April 15, 1994), the Company would issue approximately 4.4 million shares of Common Stock, representing approximately 9.8% of the Company's Common Stock outstanding after such issuance.

Related to Put Feature

  • Water feature means a design element where open water performs an aesthetic or recreational function. Water features include ponds, lakes, waterfalls, fountains, artificial streams, spas, and swimming pools (where water is artificially supplied). The surface area of water features is included in the high water use hydrozone of the landscape area. Constructed wetlands used for on-site wastewater treatment, habitat protection, or storm water best management practices that are not irrigated and used solely for water treatment or storm water retention are not water features and, therefore, are not subject to the water budget calculation.

  • Brand Features means the trade names, trademarks, service marks, logos, domain names, and other distinctive brand features of each party, respectively, as secured by such party from time to time.

  • Custom Calling Features means a set of Telecommunications Service features available to residential and single-line business customers including call-waiting, call-forwarding and three-party calling.

  • CLASS Features means certain CCIS-based features available to Customers, including: Automatic Call Back; Caller Identification and related blocking features; Distinctive Ringing/Call Waiting; Selective Call Forward; and Selective Call Rejection.

  • Google means the Google Entity that is party to the Agreement.

  • Customized Software or “Customization” means any Application Software code modified or amended on behalf of the Customer. Setting of parameters, parameterization or configuration is not a Customization.

  • Software Update means a package used to upgrade software to a new version including a change of the configuration parameters.

  • Software Updates means the Software releases, service packs, build updates or emergency fixes released from time to time in accordance with the Vocera’s update policy for such Software.

  • Launch Date has the meaning specified therefor in Section 2.02(b) of this Agreement.

  • Non-Microsoft Product means any third-party-branded software, data, service, website or product, unless incorporated by Microsoft in a Product.

  • Customization means any customer-specific modification to software that requires changes to the software’s source code.

  • Customer Content means all software, data (including personal data), information, text, images, audio, video, photographs, non-AVEVA or third-party applications, and other content and material, in any format, provided by Customer, any of Customer’s users, or on behalf of Customer that is stored in, or run on or through, the Products and Support Services.

  • Bundle means to collect contributions from more than one source which are then delivered by one person to the Mayor or to his political fundraising committee.

  • Supplier Software means software which is proprietary to the Supplier and software which is or will be used by the Supplier for the purposes of providing the Services;

  • Additional Product means any Product identified as such in the Product Terms and chosen by Enrolled Affiliate under this Enrollment.

  • User Content means any comments, remarks, data, feedback, content, text, photographs, images, video, music, or other content or information that you or any Site Visitor or User post to any part of the Site or provide to Upwork, including such content or information that is posted as a result of questions.

  • URL Terms means the terms with which Customer must comply, which are located at a URL, referenced in this Agreement and are hereby incorporated by reference.

  • Software Error means a reproducible defect or combination thereof in the Software that results in a failure of the Software when used in accordance with the Documentation. Software Errors do not include those errors caused by (a) Licensee’s negligence, (b) any unauthorized modification or alteration Licensee makes to the Software, (c) data that does not conform to Licensor’s specified data format, (d) operator error, or (e) use not conforming to the Licensor’s supported technical environment specified in the Documentation.