Examples of Put Right Agreement in a sentence
Receipt by the Lender of an executed copy of that certain Put Right Agreement, among Beneficient Holdings, Inc., Parent and Holdings, relating to put rights granted to Beneficient Holdings, Inc.
Receipt by the Lender of an executed copy of that certain Put Right Agreement, among BHI, Parent and Holdings (as defined in this Agreement as in effect on the Second Amendment and Restatement Date), relating to put rights granted to BHI employees in respect of certain tax liabilities incurred in connection with the receipt of NPC-As from BHI.
The closing of the purchase and sale of the Put Shares hereunder (the “Closing”) shall take place remotely by electronic delivery of documents and funds concurrently with the execution and delivery of this Purchase Agreement (the date on which such execution and delivery (via exchange of .pdf signatures in accordance with Section 2 of the Put Right Agreement) occurs shall be referred to herein as the “Closing Date”).
The Put Right Agreement and all other Existing Xxxxxx Agreements shall be deemed automatically cancelled, with no further action by any of the Parties, upon the issuance of the Closing Merger Consideration hereunder and the issuance of the Closing Transaction Consideration (as defined in the Xxxxxx Transaction Agreement) under the Xxxxxx Transaction Agreement and subject to the effectiveness of all Transaction Agreements without further condition.
The Equity Purchaser acknowledges and agrees that, subject to clauses (iii) and (iv) above, the Put Right Agreement (and, in particular, paragraph 5 thereof) shall remain and continue in full force and effect after the date hereof.
Receipt by the Lender of an executed copy of that certain Put Right Agreement, among Beneficient Holdings, Inc.BHI, Parent and Holdings (as defined in this Agreement as in effect on the Second Amendment and Restatement Date), relating to put rights granted to Beneficient Holdings, Inc.BHI employees in respect of certain tax liabilities incurred in connection with the receipt of NPC-As from Beneficient Holdings, IncBHI.
When issued in accordance with the terms of this Agreement, the Helix Shares shall be duly authorized, fully paid and non-assessable, free and clear of any Encumbrances other than pursuant to the terms of the Lock-Up Agreement and Put Right Agreement and applicable securities Laws.
Change, without the written consent of the Agent, which consent shall not be unreasonably withheld, any terms of the Put Right Agreement between the Borrower and the Parent.
TMC hereby agrees and confirms that the representations and warranties made by it in the TMC Put Right Agreement shall apply in favour of each of the Investors as if made in this Agreement.
Change, without the written consent of the Agent, which consent will not be unreasonably withheld, any terms of the Put Right Agreement between the Borrower and PrimeEnergy Corporation.