Common use of Put Option Exercise Notice Clause in Contracts

Put Option Exercise Notice. The Option in respect of the Investment may be exercised by the Holder at any time during the Option Period, on each occasion by sending a written exercise notice in the form set out in Annex 1 hereto to the Purchaser (the “Exercise Notice”) specifying: (a) that it wishes to exercise the Option hereunder; (b) the proposed settlement date (which shall be not less than 7 Business Days and not later than 14 Business Days from the date of delivery of the notice (such date, the “Settlement Date”); (c) the Put Exercise Percentage of the Option Interests relating to the Investment in respect of which it wishes to exercise the Option under that Exercise Notice, and shall specify the aggregate Put Exercise Percentage exercised overall under this Agreement (taking into account the Put Exercise Percentage in such and any previous Exercise Notice); and (d) the entity to which the Exercised Option Interests shall be delivered, assigned or transferred (whether the Purchaser itself or its designee), provided that unless the Purchaser provides written notice to the Holder within 3 Business Days of receipt of such Exercise Notice, specifying an alternate designee, the recipient shall be the Purchaser itself.

Put Option Exercise Notice. The Option in respect of the Investment may be exercised by the Holder at any time during the Option Period, on each occasion by sending a written exercise notice in the form set out in Annex 1 hereto to the Purchaser (the “Exercise Notice”) specifying: (a) that it wishes to exercise the Option hereunder; (b) the proposed settlement date (which shall be not less than 7 Business Days and not later than 14 Business Days from the date of delivery of the notice (such date, the “Settlement Date”); (c) the Put Exercise Percentage of the Option Interests relating to the Investment in respect of which it wishes to exercise the Option under that Exercise Notice, and shall specify the aggregate Put Exercise Percentage exercised overall under this Agreement (taking into account the Put Exercise Percentage in such and any previous Exercise Notice); and (d) the entity to which the Exercised Option Interests shall be delivered, assigned or transferred (whether the Purchaser itself or its designee), provided that unless the Purchaser provides written notice to the Holder within 3 Business Days of receipt of such Exercise Notice, specifying an alternate designee, the recipient shall be the Purchaser itself.

Put Option Exercise Notice. The Option in respect of the each Investment may be exercised by the Holder at any time during the Option Period, on each occasion by sending a written exercise notice in the form set out in Annex 1 hereto to the Purchaser (the “Exercise Notice”) specifying: (a) that it wishes to exercise the Option hereunder; (b) whether it wishes to exercise the Option on that occasion in respect of the Equity Investment or in respect of the Loan Investment (or both); (c) the proposed settlement date (which shall be not less than 7 Business Days and not later than 14 Business Days from the date of delivery of the notice (such date, the “Settlement Date”); (cd) the Put Exercise Percentage of the Option Interests relating to the relevant Investment in respect of which it wishes to exercise the Option under that Exercise Notice, and shall specify the aggregate Put Exercise Percentage exercised overall under this Agreement (taking into account the Put Exercise Percentage in such and any previous Exercise Notice)) in respect of which it wishes to exercise the Option hereunder; and (de) the entity to which the Exercised Option Interests shall be delivered, assigned or transferred (whether the Purchaser itself or its designee), provided that unless the Purchaser provides written notice to the Holder within 3 Business Days of receipt of such Exercise Notice, specifying an alternate designee, the recipient shall be the Purchaser itself.

Put Option Exercise Notice. The Option in respect of the Investment may be exercised by the Holder at any time during the Option Period, on each occasion by sending a written exercise notice in the form set out in Annex 1 hereto to the Purchaser (the “Exercise Notice”) specifying: (a) that it wishes to exercise the Option hereunder; (b) the proposed settlement date (which shall be not less than 7 Business Days and not later than 14 Business Days from the date of delivery of the notice (such date, the “Settlement Date”); (c) the Put Exercise Percentage of the Option Interests relating to the Investment in respect of which it wishes to exercise the Option under that Exercise Notice, and shall specify the aggregate Put Exercise Percentage exercised overall under this Agreement (taking into account the Put Exercise Percentage in such and any previous Exercise Notice)) in respect of which it wishes to exercise the Option hereunder; and (d) the entity to which the Exercised Option Interests shall be delivered, assigned or transferred (whether the Purchaser itself or its designee), provided that unless the Purchaser provides written notice to the Holder within 3 Business Days of receipt of such Exercise Notice, specifying an alternate designee, the recipient shall be the Purchaser itself.

Put Option Exercise Notice. The Option in respect of the Investment may be exercised by the Holder at any time during the Option Period, on each occasion by sending a written exercise notice in the form set out in Annex 1 hereto to the Purchaser (the “Exercise Notice”) specifying: (a) that it wishes to exercise the Option hereunder; (b) the proposed settlement date (which shall be not less than 7 Business Days and not later than 14 Business Days from the date of delivery of the notice (such date, the “Settlement Date”); (c) the Put Exercise Percentage of the Option Interests relating to the Investment in respect of which it wishes to exercise the Option under that Exercise Notice, and shall specify the aggregate Put Exercise Percentage exercised overall under this Agreement (taking into account the Put Exercise Percentage in such and any previous Exercise Notice)) in respect of which it wishes to exercise the Option hereunder; and (d) the entity to which the Exercised Option Interests shall be delivered, assigned or transferred (whether the Purchaser itself or its designee), provided that unless the Purchaser provides written notice to the Holder within 3 Business Days of receipt of such Exercise Notice, specifying an alternate designee, the recipient shall be the Purchaser itself.