Put Repurchase Price definition
Examples of Put Repurchase Price in a sentence
On such date, the Management Stockholder and his or her Permitted Transferees shall transfer the Restricted Shares subject to the Put Notice to the Company, free and clear of all liens and encumbrances, by delivering to the Company the certificates representing the Restricted Shares to be purchased, duly endorsed for transfer to the Company or accompanied by a stock power duly executed in blank, and the Company shall pay to the Management Stockholder the Put Repurchase Price.
Payment of the Put Repurchase Price shall be made after offset of any bona fide debts owed by the Management Holder to the Company, which will be entitled to receive customary representations and warranties from the Management Holder or its Permitted Management Holder Transferees, as applicable, regarding such sale and to require all signatures of the Management Holder or its Permitted Management Holder Transferees to be guaranteed.
On such date, the Management Stockholder and his or her Permitted Transferees shall transfer the Share Equivalents subject to the Put Notice to the Company, free and clear of all liens and encumbrances, by delivering to the Company the certificates representing the Share Equivalents to be purchased, duly endorsed for transfer to the Company or accompanied by a stock power duly executed in blank, and the Company shall pay to the Management Stockholder the Put Repurchase Price.
The Optional Put Repurchase Price or the Fundamental Change Repurchase Price, as applicable, shall be payable at such place as is identified in the Optional Put Repurchase Offer or the Fundamental Change Repurchase Right Notice, as applicable, given pursuant to Section 11.08 and Section 11.09, respectively (such city in which the identified Paying Agent is located being herein called a “Place of Payment”).
The Put Repurchase Price shall accrue interest at the Market Rate commencing thirty-one (31) days after the date of the Put Notice, if such repurchase has not occurred by such date.
Such Optional Put Repurchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent from the Company, on the later of (1) the Optional Put Repurchase Date with respect to such Security (provided the conditions in Section 11.08(a)(iii) have been satisfied) and (2) the time of book-entry transfer or delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 11.08(a)(iii).
The Put Repurchase Price shall be so paid pursuant to this Section 11.2 only if the Securities so delivered by the Holder conform in all respects to the description thereof in the related Purchase Notice, as determined by the Company in its sole discretion.
The following parties oppose Union’s position on this issue due to the resulting shift in costs: Consumers.
The Company shall pay the Put Repurchase Price to the Paying Agent promptly following the later of the relevant Put Repurchase Date or the time of book-entry transfer or delivery of the repurchased Securities.
The Company agrees not close such Capital Transaction without paying the Put Repurchase Price to the Investors.