Put Option Shares definition

Put Option Shares has the meaning given to it in Clause 9.1;

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Put Option Shares shall have the meaning ascribed to it in Clause 7B.1;

Put Option Shares has the meaning ascribed to it in Clause 20.1.

Examples of Put Option Shares in a sentence

The Buyer hereby grants to the Seller an option (the “Put Option”) to sell to the Buyer all or part of the Put Option Shares free from Encumbrances (as defined below) and together with all interests therein and rights and benefits attached thereto on and from the Original Agreement Date, on the terms set out in this Agreement.
All corporate action on the part of the Seller and its officers, directors and shareholders necessary for the authorization, execution and delivery of this Agreement and the performance of all of its obligations hereunder, including the grant of the Right of First Refusal and the consummation of the sale and purchase of the Put Option Shares, have been taken prior to the Put Option Closing.
It is being understood that the number of Put Option Shares would be 1,069,976 if the Put Option Price is US$111.54.
Without such representations, warranties and agreements, the Buyer would not engage in the grant of the Put Option or the sale and purchase of the Put Option Shares.
No filing with, or consent, approval, authorization, order, registration, qualification or decree of, or any other action by or in respect of, any court or Governmental Authority, is necessary or required for the execution and delivery of this Agreement by the Seller, the performance by the Seller of its obligations hereunder or the consummation of sale and purchase of the Put Option Shares by the Seller.

More Definitions of Put Option Shares

Put Option Shares means, collectively, the Option Shares submitted directly or indirectly through one or more Controlled Stockholders in a Notice of Exercise and the Option Shares submitted directly or indirectly through one or more Controlled Stockholders in a Tagging Optionor’s Notice.

Put Option Shares means the Put Option 1 Shares and the Put Option 2 Shares or, depending on the context, any of such shares.

Put Option Shares means, in respect of the Put Option Period, such number of B Shares as equates to such Minority Investor's pro-rata share (as calculated by reference to only the B Shares in issue) of 6.25% of the Investor Shares as at the Effective Date (except that in the final calendar year of the Put Option Period, it may be exercised over all of the Investor Shares held by each Minority Investor);

Put Option Shares means up to one million one hundred and twenty-eight thousand eight hundred and three (1,128,803) ordinary shares in the capital of Poslovni Sistem Mercator d.d.;

Put Option Shares has the meaning given to it in clause 1.1 of the Put Option Undertaking Agreement.

Put Option Shares means certain number of Common Shares held by the Seller, the number of which is equal to the quotient of US$119,345,174 divided by the Put Option Price. It is being understood that the number of Put Option Shares would be 1,069,976 if the Put Option Price is US$111.54.

Put Option Shares means 7,605,235 ordinary "A" shares issued by the Company, conferring a 7.605235% voting and participation interest in the Company on the holder thereof;