Common use of Exercise of Put Right Clause in Contracts

Exercise of Put Right. RAM may exercise the Put Right by delivering to the Company, no later than thirty (30) days prior to the relevant Put Exercise Date, a notice (the “Put Exercise Notice”) that RAM intends to exercise its Put Right. The Put Exercise Notice shall specify the Put Exercise Date upon which the parties shall consummate the purchase and sale of the Units (such consummation being referred to herein as the “Put Closing”), and the number of Units to be subject to such purchase and sale.