Examples of Put Option Exercise Period in a sentence
The bondholder intending to exercise its Put Option shall request to the Issuer for early redemption during the period between sixty (60) days to thirty (30) days before the early redemption date (the “Put Option Exercise Period”), provided that, if the last day of the Put Option Exercise Period falls on a non-Business Day, then such last day shall be the next Business Day.
In the event of a Change of Control, each Noteholder may, during the Put Option Exercise Period, serve a Put Option Notice upon the Issuer.
In order to exercise the option contained in this Condition 7(c), the holder of a Note must, on any Business Day during the Put Option Exercise Period, deposit with any Paying Agent such Note, together with all unmatured Coupons relating thereto and a duly completed Put Option Notice.
The Vendor shall refund the Option Fee to the Trustee within seven (7) Business Days after the date of expiry of the Put Option Exercise Period if neither the Call Option nor the Put Option has been exercised by the relevant party before the expiry of the Call Option Exercise Period or the Put Option Exercise Period (as the case may be).
In the event that Owner fails to deliver the Put Option Exercise Notice to Unicorp prior to the expiration of the Put Option Exercise Period, then the Put Option shall expire, and neither Party shall have any liability hereunder.