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 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.

  • 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”).

  • 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.

  • 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.

  • In no event shall the Company be obligated to purchase any shares of the Remaining Put Right Shares or any other Capital Stock pursuant to this Section 8.

  • 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.

  • 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 Company will determine whether to purchase the Remaining Put Right Shares and, within forty-five (45) days after the Company’s receipt of the Put Right Notice, the Company shall give written notice to the Terminated Party and Safeway if it elects to purchase any of the Remaining Put Right Shares.

  • Notwithstanding the foregoing, the Company shall be entitled to exercise the Re-exercise Right no more than three times (excluding the initial exercise of the Put Right) and each exercise of the Re-exercise Right shall be in the amount of at least $1,000,000, unless the Put Right Purchase Price associated with all remaining Put Right Shares is less than $1,000,000 in which case the Company shall be entitled to exercise the Re-Exercise Right notwithstanding the foregoing.

  • At the Put Right Closing, the Company will deliver to the Purchaser a certificate registered in the Purchaser's name representing the Put Right Shares to be purchased by the Purchaser at the Put Right Closing.

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 has the meaning ascribed thereto in the first paragraph of this Agreement;

  • 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 the common shares in the capital of Amalco;

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • 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 the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • 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 shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • 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 each class of shares of beneficial interest 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 2.2(a) hereof.