Put Right Shares definition

Put Right Shares has the meaning set forth in Section 13.1(a).
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Put Right Shares means the shares of Buyer Common Stock issuable to the Existing Members under the New Company LLC Agreement in satisfaction of the Put Right obligations of the Company guaranteed by the Buyer.
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Put Right Shares means the preferred shares of TNE and TMAR tendered pursuant to the shareholder “put” rights existing under applicable law and regulations as a result of the Tender Offer.
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Examples of Put Right Shares in a sentence

  • Consultant shall have the right but not the obligation (the "Put Right") for a period of 30 days following the second anniversary of the Effective Time (the "Thirty-Day Window") to require the Company to repurchase the Put Right Shares, free and clear of all liens, proxies, voting restrictions and other encumbrances for $.10 per share or $1,000,000 in the aggregate.

  • Upon Consultant's exercise of his Put Rights, the Company shall repurchase the Put Right Shares by lump-sum payment payable to Consultant within 30 days of the Company's receipt of such notice of exercise.

  • Pursuant to the Purchase Agreement, the Company also has entered into a Registration Rights Agreement with the Holders (the “Registration Rights Agreement”) pursuant to which the Company agreed, among other things, to register the Registrable Securities (as defined in the Registration Rights Agreement), including the shares of Common Stock issuable upon conversion of the Notes, the Common Shares and the Put Right Shares under the Securities Act of 1933, as amended (the “1933 Act”).

  • On or promptly after January 1, 2006, the Company shall issue to Consultant 10,000,000 shares of the Common Stock, $.001 par value per share ("Common Stock"), of the Company (such shares, as the same may be adjusted by stock split, stock dividend or combination of shares and including any dividends or distributions of securities or property paid thereon being hereinafter referred to collectively as the "Put Right Shares") for a purchase price of $.001 per share (or $10,000.00 in the aggregate).

  • The Consultant agrees that he will not Transfer (as defined below) any of the Put Right Shares and any shares held by Consultant as a result of any exercise of the Options (collectively, the "Shares"), except in accordance with the terms of this Agreement.

  • Consultant acknowledges that the fair market value of the Put Right Shares may exceed the purchase price therefore and has consulted his tax advisors with respect to the Federal and state income tax consequences of such stock issuance.

  • The Put Right Notice shall specify the number of Put Right Shares.

  • The closing of the purchase and sale of the Put Right Shares (the "PUT RIGHT CLOSING") will take place at 10:00 a.m. on the date specified in the Sale Notice (the "PUT RIGHT CLOSING DATE") at the offices of Venture Law Group, 0000 Xxxxxxxx Xxxxx, Xxxxxxxx, Xxxxxxxxxx 00000, or such other time and place as the Company and the Purchaser shall agree upon.

  • The purchase of the Put Right Shares shall occur no later than the 30th day (or if such day is not a Business Day, the first Business Day thereafter) following the determination of the Fair Market Value of such Shares.

  • We have also assumed that the Shares, Convertible Note Shares and Put Right Shares will be sold as described in the Registration Statement.

Related to Put Right Shares

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

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Acquired Shares has the meaning set forth in the Recitals.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Amalco Shares means common shares in the capital of Amalco;

  • Offering Shares means the Class A Shares sold in the Offering, whether such Class A Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are affiliates of the Sponsor.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Call Rights As defined in Section 9.01(f).

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • 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.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

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

  • Purchase Shares has the meaning set forth in Section 2.5(c).