Grant of Put Right. Subject to Parent’s call rights under this Agreement, Parent hereby grants to each of the Class B Shareholders the right, exercisable at any time and from time to time, to require Parent to purchase from such Class B Shareholder all or any part of the Class B Shares held by such Class B Shareholder (the “Exchanged Shares”), all in accordance with the provisions of this Agreement and the Class B Share Provisions (the “Class B Shareholders’ Put Right”).
Appears in 2 contracts
Sources: Exchange Rights Agreement (Glass House Brands Inc.), Exchange Rights Agreement (Glass House Brands Inc.)