Put Closing. The closing of the exercise of the put right shall take place at the offices of the Company at 10:00 a.m. local time on a date not more than seven (7) days after the date of the Put Notice, or at such other time and place as the Company and the Holder(s) may agree upon (the "Put Closing Date"). At the closing the Holder(s) will deliver to the Company a Warrant or Warrants evidencing or exercisable for at least the Put Number of Warrant Shares (properly endorsed or accompanied by assignments, with signature(s) guaranteed or similar appropriate documentation of authority to transfer) against payment of the Repurchase Price to the Holder(s) in the manner specified in Section 5(c) hereof (together with Warrants of like tenor evidencing the right to purchase any Warrant Shares, in either case to the extent that the number of shares represented by the Warrants presented to the Company were in excess of the Put Number).
Appears in 3 contracts
Sources: Warrant Agreement (Danskin Inc), Warrant Agreement (Danskin Investors LLC), Warrant Agreement (Danskin Investors LLC)