Examples of Put Option Closing in a sentence
On the Put Option Closing Date, the Company shall repurchase from Purchaser the Assigned Interests at the Put Price in cash, the payment of which shall be made by wire transfer of immediately available funds to the account designated by Purchaser.
The Parties further agree that if Terna exercises the Put Option as a consequence of the Put Event relating to the inaccuracy or breach of the representations or warranties as contemplated under item (a)(ii) of Exhibit 5 (Put Event), following the consummation of the Put Option Closing, Terna shall no longer be entitled to seek or obtain any indemnification pursuant to the Sale and Purchase Agreement with respect to the inaccuracy or breach of the representations or warranties.
On the Put Option Closing Date, the Company shall repurchase from Purchaser the Assigned Interests at the Put/Call Price in cash, the payment of which shall be made by wire transfer of immediately available funds to the account designated by Purchaser.