Put Shares definition

Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

Put Shares means all shares of Common Stock issued or issuable pursuant to a Put that has been exercised or may be exercised in accordance with the terms and conditions of this Agreement.

Put Shares means shares of Common Stock that are purchased by the Investor pursuant to a Put.

Examples of Put Shares in a sentence

• If a Notice of Exercise is properly delivered by an Achari Put Holder, the closing of the sale of the Achari Put Shares contemplated by such Notice of Exercise (an “Exercise Closing”) shall occur no later than five (5) Business Days, or earlier if mutually agreed in writing by the Parties (the “Put Exercise Closing Date”).

• For the avoidance of doubt, no such shares or securities shall be considered Achari Put Shares for purposes of this Agreement.

• Immediately following the successful consummation of a Mandatory Repurchase Right Transaction in accordance with the terms hereof, the number of Achari Put Options held by the Achari Put Holders shall be deemed to be automatically reduced by the number of Achari Put Shares which were subject to such successfully consummated Mandatory Repurchase Right Transaction.

• The obligation of Company to purchase Achari Put Shares on a Put Exercise Closing Date under this Agreement shall be subject in all respects to the consummation of the Business Combination and such Achari Put Shares being free and clear of all liens and other encumbrances as of such Put Exercise Closing Date.

• The closing of the Put Option Transaction shall be conditioned upon the Buyer's obtaining the approval of the Investment Commission of the Ministry of Economic Affairs for the Buyer's transfer and delivery of the applicable Put Shares to the Company.

More Definitions of Put Shares

Put Shares shall have the meaning set forth in Section 2.4.

Put Shares has the meaning set forth in Section 8.1.

Put Shares means all shares of Class A Common Stock issued or issuable pursuant to a Put that has been exercised or may be exercised upon the terms and subject to the conditions set forth in this Agreement.

Put Shares shall have the meaning set forth in Section 6.6.

Put Shares has the meaning specified in Section 3.3(a) hereof.

Put Shares has the meaning assigned to it in Section 2.1(d).

Put Shares means the Interim Put Shares and the Remainder Put Shares.