Examples of Put Term in a sentence
Upon the expiration of the Put Term, unless the Put granted herein has been timely and validly exercised in accordance with the provisions of Section 4 below, the Put and all of the rights of the Shareholders to exercise the Put shall automatically cease and terminate and be of no further force or effect.
The term of the Put ("Put Term") granted herein shall commence on November 1, 2013, and shall expire at 11:59 p.m. (PST) on December 31, 2013.
The Requisite Holders may, but shall not be obligated to, elect to terminate this Agreement at any time between the date hereof and the expiration of the Put Term and receive from Mimvi additional shares of Parent Stock equal to ten percent (10%) of the number of remaining Option Shares covered by this Agreement as of the date of termination (the “Termination Shares”).
The Put may be exercised by you at any time prior to the expiration of the Put Term, subject to the one (1) year limitation set forth in paragraph 2 above, and may be exercised with respect to any number of vested and unexercised Options and/or vested and exercised shares of Stock which were granted to you on the Grant Date, provided, however, in no event shall you exercise the Put upon more than one occasion.
This protocol only considers the following variables: Flow rate of electrolyte in the pipes as controlled by the rectifier output current Condition of the ground surface (dry, flooded with water, flooded with electrolyte) This protocol assumes that individuals performing the measurements will have the necessary protective and measuring equipment and are qualified to perform the measurements.
In order to exercise the First Put, Xxxxxxxx must deliver written notice to Elandia and the Company during the Put Term, which shall contain the number of Common Units Xxxxxxxx elects to exchange in the First Put (the “First Put Notice”).
Prior to the expiration of the Put Term, you shall give the Board of Directors of the Company written notice ("Put Notice") of your intent to exercise the Put, and the closing of the exercise of the Put shall occur no later than thirty (30) days following the receipt of such notice by the Board of Directors.
The term of the Put shall be five (5) years from the Grant Date (the "Put Term") (therefore expiring on February 6, 2006), provided, however, that with respect to Stock acquired by you upon exercise of Options, the Put Term shall expire upon the earlier of February 6, 2006 or the first anniversary of the exercise date resulting in the acquisition of such Stock.
Daily Volumes Sold Purchased Sold bbls/day Call Put Put Term Jan.
The Put is only applicable with respect to the Options granted to you on the Grant Date and only during the Put Term (as defined below) and shall not apply to any other options which have been or which may be granted to you.