Put Option Exercise Price definition

Put Option Exercise Price is defined in Section 2.4.

Put Option Exercise Price means, with respect to the Group I Put Option or the Group II Put Option, as the case may be, an amount equal to the Fair Market Value of the Group I or Group II Student Loans, as applicable, on the Group I or Group II Put Option Exercise Date, as applicable, plus accrued interest thereon.

Put Option Exercise Price means the greater of: (i) the Put Option Down Payment; or (ii) the fair market value of the Put Option Assets as determined in accordance with Section 3(e)(ii) of this Agreement.

Examples of Put Option Exercise Price in a sentence

• Subject to Clauses 23.4.2 and 23.4.3 below, the Put Option Exercise Price and the Call Option Exercise Price will be the product of: the Fair Market Value multiplied by the percentage to the total number of shares in the issued share capital of AsiaSat which the Put Option Shares or the Call Option Shares (respectively) represent, subject to any Minimum Price applicable on the Put Option Notice Date or Call Option Notice Date (as the case may be).

• If the Put Option Exercise Price is above the Market Price on the Expiry Date your Nominated Broker may automatically exercise your Put Option which may result in your Securities being sold.

• The Put Notice shall specify (i) the number of Merger Shares to be sold and purchased pursuant to the Put Option (the “Put Shares”), which shall not exceed a number equal to $2,000,000 divided by the Put Option Exercise Price, and (ii) the date for the closing of the purchase and sale of the Put Shares (the “Put Closing”), which shall be not less than thirty (30) days or more than forty-five (45) days after the date of delivery of the Put Notice.

• Party A hereby agrees that upon receipt of such Party B Response from the Indenture Trustee certifying that the related Put Option Exercise Price or Minimum Purchase Price, as the case may be, has been deposited in the Collection Account, Party A shall immediately designate the Redemption Date as an Early Termination Date.

• The aggregate purchase price with respect to all the shares of BCP Common Stock and PSIM Common Stock being purchased shall be equal to the Put Option Exercise Price (as defined in Section 2.4).

More Definitions of Put Option Exercise Price

Put Option Exercise Price shall have the meaning ascribed to it under Clause 10.8.1(i);

Put Option Exercise Price has the meaning assigned to such term in Section 8.8 hereof.

Put Option Exercise Price shall have the meaning ascribed thereto in the Securities Purchase Agreement.

Put Option Exercise Price means the aggregate exercise price of the Put Option set forth in Section 3.3.

Put Option Exercise Price has the meaning set forth Section 3.3;

Put Option Exercise Price means the CS Holdings Put Option Exercise Price and/or the CS Holdings II Put Option Exercise Price.

Put Option Exercise Price means, with respect to each Series A-2 Preferred Unit, an amount equal to: