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

  • Section 8(e) does not say that the Exit Sale cannot proceed, only that the Exercising Put Party may not compel a Member to participate unless the 1.5x multiple is reached for that Member.

  • This language suggests that the failure of some Members to earn a 150% return prevents the Exercising Put Party from requiring such members to engage in an Exit Sale but does not prevent the Exit Sale as to other Members.

  • On the one hand, Section 8(e)(A) uses the words “other Member” suggesting that the Exercising Put Party can require some Members to engage in an Exit Sale depending on whether the 150% return requirement is satisfied.

  • If Crestview was the Exercising Put Party but Load Line had tagged along, then Load Line could exercise the Exit Sale Right if Crestview declined.

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

  • If any Put Party shall have sold less than the entire outstanding principal under any Note so delivered, the Company shall deliver to such Put Party a new Note (as requested by such Put Party) evidencing outstanding indebtedness to such Put Party not made the subject of the Notice of Put.

  • 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.

  • 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.

  • The cost of the Joint Valuation Firm will be borne fifty percent (50%) by the Electing Put Party and fifty percent (50%) by ABP or as they may otherwise agree.

  • If any Put Party shall have sold less than all of its/his/her Warrant Rights under the Warrant so delivered, the Company shall deliver to such Put Party a new Warrant (as requested by such Put Party) evidencing the Warrant Rights of such Put Party not made the subject of the Notice of Put.


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;
Sample 1

Related to Put Party

  • Market Party means any person or entity that is, or for purposes of the determinations to be made pursuant to Section 23.4.5.7 of this Attachment H proposes or plans a project that would be, a buyer or a seller in; or that makes bids or offers to buy or sell in; or that schedules or seeks to schedule Transactions with the ISO in or affecting any of the ISO Administered Markets including through the submission of bids or offers into any External Control Area, or any combination of the foregoing.

  • 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.

  • 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

  • Bankrupt Party has the meaning set forth in Section 14.7.

  • 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 any Borrower or any 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 14.11).

  • 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).

  • First Party Second Party:

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

  • Obligated Person means any person, including the Issuer, who is either generally or through an enterprise, fund, or account of such person committed by contract or other arrangement to support payment of all, or part of the obligations on the Bonds (other than providers of municipal bond insurance, letters of credit, or other liquidity facilities), as shown on Exhibit A.

  • 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.

Most Referenced Clauses

Most Referenced Definitions