Put Obligations definition
Examples of Put Obligations in a sentence
Pledgor shall not, and shall not permit any Person to, make any registrations, filings or recordations in any jurisdiction evidencing any Lien on or security interest in the Collateral including any filing in any register of mortgages, charges and other encumbrances, entering into control agreements, or any filing of UCC financing statements, other than with respect to the Aggregate Put Obligations.
The agreements in this Section shall survive the resignation or replacement of Collateral Agent, the replacement of any Optionee, the termination of any Put Option Agreement and the repayment, satisfaction or discharge of the Aggregate Put Obligations.
Each employee applicant not selected, shall, upon request receive a written explanation from the Associate Vice President of Human Resources.
In addition to the foregoing, so long any portion of the Warrant, the Underlying Capital Stock or the Deferred Put Obligations remains outstanding, except to the extent compliance in any case or cases is waived in writing by the Majority Holders, the Company shall and shall cause its Subsidiaries to observe the covenants set forth in Sections 8.1, 8.2, 8.5, 8.11, 8.12, 8.13, 8.36 and 8.37 hereof.
Pledgor further waives any right of subrogation or to enforce any right of action against any other pledgor until the Aggregate Put Obligations are paid in full.