Put Payment Date definition

Put Payment Date has the meaning set forth in Section 6.08(b).

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Put Payment Date means the date, as determined by the Issuer in its sole discretion, falling no later than the [***] Business Day immediately following the last day of the QLE Put Exercise Period, the QLE Failure Put Exercise Period or the CoC Put Exercise Period, as applicable.

Put Payment Date has the meaning set forth in Section 18.08(f). “Series C Additional Units” has the meaning set forth in Section 18.07(b).

Examples of Put Payment Date in a sentence

In the event that Holder elects not to exercise its Put with respect to a given Put Payment Date, then the Put Amount for the following Put Payment Date shall be increased by the Put Amount for the Put which was not exercised.
In the event that Buyer receives any payment from an account debtor subsequent to the Record Date with respect to any such Repurchased Delinquent Receivable, Buyer shall deliver same to Seller not later than the later of (i) ten (10) Business Days after Buyer’s receipt thereof, and (ii) ten (10) Business Days after the Put Payment Date with respect to such Repurchased Delinquent Receivable.
In the event that Purchaser receives any payment from an account debtor subsequent to the Record Date with respect to any such Repurchased Delinquent Receivable, Purchaser shall deliver same to Sellers not later than the later of (i) ten (10) business days after Purchaser’s receipt thereof, and (ii) ten (10) business days after the Put Payment Date with respect to such Repurchased Delinquent Receivable.
The deposit shall constitute full payment of the shares, and from and after each Put Payment Date, the shares sold on such Put Payment Date shall be deemed to be no longer outstanding, and the holders thereof shall cease to be shareholders with respect to such shares and shall have no rights with respect thereto, except the rights to receive, from the bank or trust Company, payment of the applicable Put Price, without interest, upon surrender of their certificates therefor.
From and after the date of such deposit (but not prior to each Put Payment Date), the Put Shares shall be sold on such Put Payment Date.
The Put Note shall mature and be due and payable on the Put Payment Date (the “Put Note Right”).
For the purposes of this section 10.12(g), the per share Company Valuation shall be based upon the purchase price or liquidation proceeds per share (equitably adjusted for any stock splits, stock dividends or reverse stock splits occurring after the Put Payment Date) of Common Stock in such transaction.
To the extent the Company fails to pay the principal amount of any Put Note on the Put Payment Date, interest shall begin accruing on such principal amount as of the day immediately following the Put Payment Date at a rate of 14.0% per annum, accruing daily and compounding quarterly, and shall be computed on the basis of a year of 365 days for the actual number of days elapsed.
A CoC Put Redemption Notice, once delivered, shall be irrevocable and may not be withdrawn without the Issuer’s consent and the Issuer shall redeem the Bonds that are the subject of the CoC Put Redemption Notice as aforesaid on the Put Payment Date.
Such acceptance shall specify the date on which the Notes held by such holder are to be prepaid (the "Proposed Put Payment Date"); provided, that such date shall be not less than 30 days after the date of such acceptance.

More Definitions of Put Payment Date

Put Payment Date shall have the meaning given to such term in Section 9 hereof.

Put Payment Date means, in connection with any Capital Note which was to be redeemed pursuant to Condition 8(d), the Interest Payment Date on which such redemption was originally scheduled to be effected before the effect of any deferral as a result of the application of Condition 8(b) and 8(c);

Put Payment Date means, as applicable, (i) the date of the closing of Phase II in connection with a Put under section 10.12(a)(i), or (ii) the 15th day after the delivery to the Lender of the appraiser's written determination of Total Equity Value with respect to any other Put.

Put Payment Date shall have the meaning assigned to such term in Section 9.1.