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Put Right Price definition

Put Right Price has the meaning specified in Section 2.1 of the Third Supplemental Indenture.
Put Right Price for a Class A Common Unit, as of any date of determination, shall equal the sum of (i) FFO Per Unit MULTIPLIED BY the Put Multiple, (ii) if greater than zero, the incremental amount which would have been distributed pursuant to SECTION 5.1(i) in respect of such Class A Common Unit assuming the Partnership assets were sold for their net asset value (as determined on a reasonable basis by the General Partner reasonably consistent with the method used for purposes of determining the General Partner's or any Affiliate's annual financial reporting) and the proceeds were distributed under SECTION 5.1 and (iii) both the First Tier Distribution Shortfall and the Second Tier Distribution Shortfall for such Class A Common Unit through the date of determination.
Put Right Price means the Guaranteed Price or the Standard Price, as the case may be.

Examples of Put Right Price in a sentence

  • If a Put Right Objections Statement is not delivered to the Company and the GTCR Investors within 20 business days after delivery of the Put Right Price Statement, the calculations set forth on the Put Right Price Statement shall be final, binding and non-appealable by the parties hereto, absent manifest computational error.

  • Each Holder shall have the right, at the Holder's option, to require the Company to repurchase and upon the exercise of such right the Company shall repurchase, all of such Holder's Securities, or any portion of the principal amount thereof that is equal to U.S.$1,000 or any greater integral multiple of U.S.$1,000, on April 29, 2003 (the "Put Right Date") at a purchase price equal to 109.50% of the principal amount of the Securities to be repurchased (the "Put Right Price").

  • Each Holder shall have the right, at the Holder's option, to require the Company to repurchase and upon the exercise of such right the Company shall repurchase, all of such Holder's Securities, or any portion of the principal amount thereof that is equal to U.S.$1,000 or any greater integral multiple of U.S.$1,000, on April 29, 2003 (the "Put Right Date") at a purchase price equal to 108.50% of the principal amount of the Securities to be repurchased (the "Put Right Price").

  • If any Put Right Price or Call Right Price becomes payable by Village Farms Shares in an amount that would exceed the abovementioned cap, the amount of such Village Farm Shares that would result in such excess shall become payable in cash.

  • The CABO Change of Control Put Right will be on the same terms and conditions and subject to the same procedures as the Put Right set forth in this Section B, provided that the CABO Sale Multiple shall be used in determining the Put Right Price in respect of an exercise of any CABO Change of Control Put Right by the GTCR Investors.

  • If in year 2010 the actual FFO Per Unit is $8, then assuming that there were no amounts payable described in clause (ii) and (iii) of the definition of "Put Right Price," the Put Right Price for the determination date of December 31, 2009, would be $96 (i.e., 12 x $8 = $96).

  • Delivery of a Put Right Notice shall constitute the irrevocable election by the Management Shareholder to sell all of the Corporation Securities owned by it to Village Farms and, upon the receipt of the Put Right Notice, Village Farms shall be obligated to purchase from such Management Shareholder all such Corporation Securities for the Put Right Price in accordance with this Agreement.


More Definitions of Put Right Price

Put Right Price means an amount equal to the aggregate Distributions in cash that would be made to the Non-CABO Investor Units (including for this purpose (i) any Units held by a Blocker Corporation that are not beneficially owned by the CABO Investor and (ii) applicable payments under the LTIP) in accordance with this Agreement if the Company were deemed to have received the Put Right Total Equity Value in cash and then distributed all of the same to the Unitholders and LTIP participants in accordance with Section 4.1(a) of this Agreement (after giving effect to Section 4.1(e) of this Agreement) and the LTIP.
Put Right Price has the meaning attributed to such term in section 4.1.3;

Related to Put Right Price

  • Put Price has the meaning set forth in Section 8.05(a).

  • Put Right has the meaning set forth in Section 8.05(a).

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2015-2 Vehicle for which the related 2015-2 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Purchase Price Per Share means $0.01 per share, as may be adjusted from time to time in accordance with Section 5 or 6.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.

  • Final Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Final Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Per Share Price shall have the meaning set forth in Section 2.1.

  • Warrant Exercise Price means $0.01 per share.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Price Per Share shall have the meaning ascribed to such term in Section 2.1.

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Initial Warrant Exercise Date means __________, 1997.

  • Offer Price or Purchase (Public Offer) Price means the sum to be paid by the investor for purchase of one Unit, such price to be determined pursuant to this document.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.