Common use of The Put Option Clause in Contracts

The Put Option. Anytime during the validity of this Warrant, the Holder shall have the right, but not the obligation, to require the Company to repurchase up to 100% of the Warrant stock issued upon the exercise of this Warrant at fair market value determined in accordance with section 4.3 below.

Appears in 3 contracts

Sources: Stock Purchase Warrant (WorldSpace, Inc), Stock Purchase Warrant (WorldSpace, Inc), Stock Purchase Warrant (WorldSpace, Inc)