Put Option Period Clause Samples

Put Option Period. This term is defined in Section 4.01 of the Shareholder Agreement.

Put Option Period. This term is defined in Section 7.1 of this Agreement.

Put Option Period. AAPOP and BPPI hereby agree that, subject to the terms set forth below (including, specifically, providing a timely “Notice”, as herein defined), during the “Put/Option Period” (as defined below), (i) AAPOP shall have the right, on the terms set forth below, to compel BPPI to purchase AAPOP’s partnership interests in the Partnership (the “Put”), and (ii) BPPI shall have the right, on the terms set forth below, to compel AAPOP to sell AAPOP’s partnership interests in the Partnership (the “Option”); provided, however, that in the event the Partnership, AAPOP and/or BPPI receive an acceptable bona fide offer to purchase the Property or a Partner’s interest in the Partnership prior to the providing of a Notice (as defined below), such offer shall be subject to the right of first refusal provisions of Section 28 of the Partnership Agreement (as modified by this Amendment), and the Put and Option shall thereafter expire and be of no further force arid effect; provided further, however that the Put/Option Period shall be revived for a new period (the “Second Put/Option Period”) if the sale of the Property or a Partner’s interest in the Partnership is not consummated by such third party (pr a Selling Partner under the right of first refusal provisions of Section 28) on or prior to October 14, 1 998 The buy/sell provisions set forth in Section 27 of the Partnership Agreement may not be invoked by AAPOP or BPPI during the Put/Option Period or, if applicable, the Second Put/Option Period. As used herein, the “Put/Option Period” and/or the “Second Put/Option Period” shall be the period of time during which a closing under the Put or Option may occur upon the timely providing of a “Notice” in accordance with Section 3.1 below.

Put Option Period. Bioverda US shall be entitled to exercise the Put Option at any time from the date of this Agreement through October 31, 2008 ("Put Option Expiration Date"), after which date the Put Option shall expire and be of no further force or effect; provided, if the Put Option is exercised by Bioverda US on or before the Put Option Expiration Date, the Put Option shall not expire but shall continue to be valid until the closing of the transfer of the membership interests that are subject to such Put Option in accordance with the terms set forth in Section 2.5.

Put Option Period. The Put Option may only be exercised after the date on which the last of the conditions set out in Article 8 have been satisfied or waived in accordance with Article 8 and if the Put Option is not exercised on or before the End Date, it shall lapse.

Put Option Period. Bioverda US shall be entitled to exercise the Put Option at any time from the first day following the making of the Capital Contribution by Bioverda US, if it occurs, through October 31, 2008 ("Put Option Expiration Date"), after which date the Put Option shall expire and be of no further force or effect; provided, if the Put Option is exercised by Bioverda US on or before the Put Option Expiration Date, the Put Option shall not expire but shall continue to be valid until the closing of the transfer of the Bioverda US GPRE Shares that are subject to such Put Option in accordance with the terms set forth in Section 2.5. In the event that (i) all or any portion of the Bioverda US GPRE Shares are subject to a holding period under which transfers are not permitted by the terms of any agreement between Bioverda US and GPRE or under applicable United States securities laws or regulations and (ii) the termination of such holding period is after October 31, 2008, the Put Option Expiration Date as to any Bioverda US GPRE Shares that are subject to such restriction shall be extended to the fifth Business Day following the expiration of such holding period.

Put Option Period. The "Put Option Period", as used herein, shall be the earlier to occur of either of the following: a. The sixty (60) days immediately ensuing after the completion of the Minimum Trade Price period assuming the Tender Offer is not commenced; or b. The thirty (30) day period immediately ensuing after the completion of the Tender Offer (as defined below)

Put Option Period. Notwithstanding anything to the contrary hereinbefore contained, should the RIGHTS not have been granted after the expiration of a period of 23 (twenty three) months from the CLOSING , then and in such event the following shall take place:- 7.1 the duly authorised representatives of ARGONAUT and MINTAILS SA shall as soon as possible meet with the objective of determining, in good faith, the prospect of the being granted and the additional period required therefor; 7.2 in the event of the aforesaid representatives:- 7.2.1 reaching agreement, then the PUT OPTION PERIOD shall be extended, in writing, by such additional period as they deem reasonable for the purposes aforesaid; or 7.2.2 not reaching agreement, then and in such event the issue shall be referred to the EXPERT and the parties shall be obliged to furnish the EXPERT with whatever reasonable information he may require so as to enable him to consider the same and reach a decision thereon; 7.3 the decision of the EXPERT shall be final and binding on the PARTIES and in the event of the PUT OPTION PERIOD:- 7.3.1 not being extended, then the PUT OPTION shall then lapse at the expiration of 24 (twenty four) months from the CLOSING DATE; or 7.3.2 being extended, then the PUT OPTION PERIOD shall be deemed varied to accord therewith; 7.4 the costs of the EXPERT shall be borne and paid by the COMPANY.

Put Option Period. This term is defined in Section 2.10 of this Agreement.