Put Party definition

Put Party means Global Marine X.X. Xxxxx Limited;
Sample 1
Put Party means, with respect to a Put Agreement, the party obligated under such Put Agreement to purchase from the applicable Stockholder the securities subject to the Put Option.
Sample 1
Put Party shall have the meaning set forth in the first recital paragraph hereof.
Sample 1

Examples of Put Party in a sentence

  • Each Put Party shall be limited to its New Preferred Stock Allocated Amount and there shall be no over subscription right or obligation with respect to the New Preferred Stock.

  • Each Put Party will commit to purchase its entire pro-rata allocation of the Rights Offering.

  • Upon request of the Electing Put Party, the Company shall provide the Third Party Valuation Firm appointed by the Electing Put Party to determine the Put Price with such information related to the Put Shares and the Company as such Third Party Valuation Firm may reasonably request in connection with its determination.

  • The Electing Put Party shall bear the costs of such Third Party Valuation Firm.

  • In addition, on or prior to on the Effective Date, each Holder of an Allowed Bond Claim that has exercised its Subscription Right and each Put Party shall contribute its purchase price for its Rights Offering Securities to Newco in exchange for Rights Offering Securities issued by Newco.

  • In the event the Issuer of the New Preferred is treated as a partnership for U.S. federal income tax purposes, each Put Party shall have the right to contribute its interests in the Senior Unsecured Notes to one or more entities taxable as a corporation for U.S. federal income tax purposes prior to the effectiveness of the Plan.

  • Notwithstanding the foregoing or anything to the contrary herein, if CII has delivered a Notice of Put and based upon such exercise any other Put Party delivers a Notice of Put, but subsequent to such deliveries, at any time prior to the Put Closing, CII rescinds its Notice of Put, then each such other Put Party shall be deemed to have rescinded its/his/her respective Notice of Put.

  • No delay or omission to exercise any right, power or remedy accruing to any Put Party, upon any breach or default of the Company under this Agreement, shall impair any such right, power or remedy of such Put Party nor shall it be construed to be a waiver of any such breach or default, or an acquiescence therein, or of any similar breach or default thereafter occurring; nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default theretofore or thereafter occurring.

  • On the terms and conditions herein set forth (including, without limitation, the conditions set forth in Section 2.3), each Put Party may exercise its rights hereunder to sell all or any part of any of its Notes, Warrant Rights or Shares by delivering to the Company a notice of Put (a “Notice of Put”) in the form attached hereto as Annex A.

  • It shall be a condition to the closing of the purchase of the securities subject to the Put Option that all governmental approvals required to be obtained by applicable law with respect to such purchase shall have been obtained, to the extent the failure to obtain such approvals (x) would prevent Liberty IFE or the Put Party from selling or purchasing, respectively, such securities or (y) would have a material adverse effect on the business, results of operations or financial condition of the Corporation.


More Definitions of Put Party

Put Party shall have the meaning set forth in Section 4.2(a).
Sample 1
Put Party has the meaning given thereto in Clause 12.1;
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Related to Put Party

  • Innocent Party means, in relation to a breach of an obligation under this contract, the party who is not in breach of that obligation; "Insolvency Event", in relation to either of the parties, has occurred where:

  • Opting-Out Party A defined in Section 6.09(h) of this Agreement.

  • Project Party means each Person (other than the Borrowers) who is a party to a Project Document.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Independent Party means, with respect to a BDC Downstream Fund, (i) if the BDC Downstream Fund has a board of directors (or the equivalent), the board or (ii) if the BDC Downstream Fund does not have a board of directors (or the equivalent), a transaction committee or advisory committee of the BDC Downstream Fund.

  • Buyer Party means each of (i) the Buyer and (ii) each Affiliate of the Buyer that is a party to a Transaction Agreement.

  • Indemnitee Agent Party as defined in Section 9.6.

  • Investor Party has the meaning set forth in Section 4.7.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Note Party means the Issuer and each Guarantor.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Loan Party means the Borrower and each Guarantor.

  • Specified Credit Party means any Credit Party that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 12.17).

  • Performing Party As defined in Section 11.12.

  • Pledgor shall have the meaning assigned to such term in the Preamble hereof.

  • Agent Party has the meaning assigned to such term in Section 9.01(d).

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

  • Respondent Party has the meaning set forth in Section 7.6(b).

  • Seller Guarantor has the meaning set forth in the Preamble.

  • Obligated Person means a general partner of a limited partnership, a partner of a general partnership, or a participant in or an owner of an interest in any other type of business enterprise who, under applicable law, is generally liable for the obligations of the business enterprise.

  • Confirming Party means the party designated in the Base Contract to prepare and forward Transaction Confirmations to the other party.

  • Obligated Party has the meaning assigned to such term in Section 10.02.

  • Designated Party means any person listed:

  • Buyer Group Member means Buyer and its Affiliates and their respective successors and assigns.

  • Representing Party A Person that has transferred Mortgage Loans, directly or through one or more intermediaries, to the Trustee pursuant to an agreement for the sale of Mortgage Loans pursuant to which a Representing Party has made representations and warranties with respect to certain Mortgage Loans, and under which the Trustee, its successors and assigns has recourse against such Representing Party for any breach thereunder with respect to such Mortgage Loans.