Put Right Agreement definition
Examples of Put Right Agreement in a sentence
Notwithstanding the foregoing provisions of this Section 5, the Management Stockholder shall be entitled to the rights set forth in the Special Put Right Agreement attached hereto as Exhibit A.
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.
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.
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”).
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.
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.
The Company's patents and trademarks, as listed and explained in Schedule 5.1.30 annexed to the March 1999 Put Right Agreement, have been duly registered with, filed in or issued by, as the case may be, such Governmental Body as is indicated in such Schedule and, except as otherwise set forth on such Schedule, such registrations, filing and issuances remain in full force and effect and such patents and trademarks cover the technology and equipment used to manufacture the Products.
The Put Right Agreement and all other Existing ▇▇▇▇▇▇ 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 ▇▇▇▇▇▇ Transaction Agreement) under the ▇▇▇▇▇▇ Transaction Agreement and subject to the effectiveness of all Transaction Agreements without further condition.
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.
Other than as to rights associated with the Put Option or otherwise expressly addressed in this Agreement, nothing herein shall operate to limit, waive, create, modify, enhance or expand any rights an Officer has or obligations the Company has under any agreement between the Company and such Officer, including, without limitation, the ▇▇▇▇▇▇▇▇▇ Employment Agreement, each Officer's Severance and Put Right Agreement and all option and indemnification agreements.