Put Right definition

Put Right has the meaning set forth in Section 8.05(a).
Put Right has the meaning set forth in the Supplemental Indenture.
Put Right shall have the meaning set forth in Section 8.05.

Examples of Put Right in a sentence

  • If the Transaction has not closed by the Maturity Date, and provided that the transfer of the Notes has been completed upon the exercise of the Put Right in accordance with the terms of the Put Agreement, on the 30th day following the Maturity Date, the Notes shall thereafter represent an unsecured payment obligation of the principal amount of the Notes by Company.

  • In the event that the Transaction has not closed on or prior to the Maturity Date, and the Put Right has not been exercised, the Notes shall represent a right to receive an indeterminate number of Fixed Shares so long as the Put Right remains unexercised.

  • Notwithstanding the foregoing, nothing in this section 9(y) shall prohibit the Purchaser from exercising the Put Right in accordance with the terms of the Put Agreement.

  • Prior to the exercise of the Put Right and the transfer of the Notes in accordance with the terms of the Put Agreement, nothing is intended to create, nor shall it be construed as creating, a payment obligation of the Company in respect of the Notes.


More Definitions of Put Right

Put Right has the meaning set forth in Section 3.05(a).
Put Right shall have the meaning ascribed to such term in Section 4 herein.
Put Right has the meaning set forth in Section 8.05 of the Supplemental Indenture.
Put Right shall have the meaning set forth in Section 6.6.
Put Right is defined in Section 7.8(b).
Put Right has the meaning set forth in Section 5.1.
Put Right has the meaning set forth in Section 5.2 hereof.