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

• The Put Right and Call Right set forth herein and the provisions of Section 4 hereof terminate and expire 120 days after the Trigger Date (the “Termination Date”).

• The Joined Party acknowledges and agrees that the delivery of the BLAC Shares in exchange for the Company Shares pursuant to the exercise of the Put Right or Call Right in accordance with this Joinder represents payment in full and satisfies all obligations BLAC or the Company has to the Joined Party with regard to Company Capital Stock, including the Company Shares.

• If the Investor desires to exercise its Put Right pursuant to this section, the Investor shall deliver to the Company a written and irrevocable notice exercising the Put Right (the “Put Right Notice”).

• At any time on or after the Trigger Date (as defined below), the Joined Party may give written notice (the “Put Notice”) to BLAC that the Joined Party elects to exercise the Put Right to require BLAC to acquire all but not less than all of the Joined Party’s Company Shares in exchange for the number of shares of BLAC Common Stock set forth on Schedule A hereto (the “BLAC Shares”).

• Upon delivery of the Put Right Notice, the Company and the Investor shall each take all actions as may be reasonably necessary to consummate the exercise of the Put Right contemplated by Section 1.6 within thirty (30) days, including, without limitation, entering into agreements and delivering certificates and instruments and consents as may be deemed necessary or appropriate.

More Definitions of Put Right

Put Right has the meaning set forth in Section 3.05(a).

Put Right has the meaning set forth in Section 8.05 of the Supplemental Indenture.

Put Right shall have the meaning ascribed to such term in Section 4 herein.

Put Right shall have the meaning set forth in Section 6.6.

Put Right has the meaning set forth in Section 5.1.

Put Right has the meaning set forth in Section 5.2 hereof.

Put Right has the meaning ascribed thereto in Section 4.1(a).