Examples of Put Right Closing Date in a sentence
The Company will pay the Put Purchase Price for the Shares by certified or official bank check or by wire transfer of immediately available funds on the Put Right Closing Date.
At all times after the occurrence of the Put Right Exercise Date until the satisfaction in full of the Company’s obligations hereunder and under the Put Note, if any, the Company shall not declare or pay any dividends or other distributions to its equity owners, in any manner whatsoever, prior to paying, in full, the Put Price on or prior to the Put Right Closing Date or the Maturity Amount on or prior to the Maturity Date, as the case may be.
Buyer will pay the Put Purchase Price for the Put Shares to the Shareholder by wire transfer of immediately available funds in lawful U.S. currency on the Put Right Closing Date.
Such lien shall secure the Company’s obligation hereunder to pay the Put Price on the Put Right Closing Date or the Maturity Amount on the Maturity Date, as the case may be, and shall be pursuant to such security instrument as shall be reasonably acceptable to the Company and the Put Right Holder.
In the event Stockholder exercises the Put Right hereunder, the purchase price per share at which the Company shall be required to purchase the Put Shares (the “Put Purchase Price”) shall be equal to the Original Purchase Price of the Put Shares, plus any accrued but unpaid dividends on the Put Shares through the Put Right Closing Date.
On the Put Right Closing Date, (i) the Put Right Holder shall sell, and the Company shall purchase, all of the Put Securities then held by the Put Right Holder, free and clear of any liens or other encumbrances (other than restrictions on transfer imposed by federal and state securities laws), for the Put Price.
This Agreement shall automatically be terminated on earlier of: (i) the date that is 6 months following the Lockup Expiration Date and, (ii) if the Put Right is exercised by Pogo Royalty, the last possible Put Right Closing Date.
The undersigned Subscriber hereby agrees to accept, in full satisfaction of the Company’s obligation to pay the Put Purchase Price, and the Company hereby agrees to issue to the Subscriber, in each case on the Put Right Closing Date, such number of Consideration Shares as calculated under section 2 above, subject to the terms and conditions of this Agreement and based on the representations, warranties, covenants and agreements contained herein.
Subject to Section 2.1(d) hereof, the Put Closing shall occur at 10:00 a.m., New York City time, on the Put Right Closing Date at such location designated by the Holder in the Put Notice.
Subject to Section 13.1(d), the Put closing shall occur at 10:00 a.m., New York City time, on the Put Right Closing Date at such location designated by the Put Right Holder in the Put Notice.