Put Commencement Date definition
Examples of Put Commencement Date in a sentence
The Exercise Notice may be submitted to the Company at any time beginning 30 days prior to the Put Commencement Date and ending on the Put Termination Date.
At any one or more times after the Put Commencement Date until the Put Termination Date, Holder may require that the Company repurchase all or any portion of the Put Shares at a price equal to the Exercise Price.
The Put Option shall have no force or effect, and PCC shall have no obligation with respect thereto, prior to the Put Commencement Date or after the Put Termination Date.
The Put Commencement Date shall accelerate and the Put Option shall become immediately exercisable by St. ▇▇▇▇▇▇, in accordance with the procedures and terms set forth in this Article V, upon the occurrence of an Event of Default which is not cured as provided in SECTION 11.2.
This right is exercisable by the Vendor at any time after the Put Commencement Date and may be waived by the Vendor in whole or in part.
The "Put Reminder Notice" means a notice from the UPREIT to the Class A Partners (given not earlier than 30 days prior to the expiration of the 180 day period following the Put Commencement Date) that such 180 day period is about to, or has, expired.
The Call Option shall be eliminated upon the occurrence of one of the following: (i) the Put Option is eliminated pursuant to SECTION 5.2, (ii) the Put Commencement Date is accelerated pursuant to SECTION 5.3, or (iii) a Triggering Event.
The Preferred Redemption Right shall only be available, and a Notice of Redemption in respect thereof may only be delivered (i) once per annum during the thirty calendar day period commencing on the Put Commencement Date and each anniversary of the Put Commencement Date and (ii) within 30 days following the occurrence of an Event (as described in clause (y) of Paragraph F(i) of Annex A to the Blackstone Agreement).
The Preferred Redemption Right shall only be available, and a Notice of Redemption in respect thereof may only be delivered (x) once per annum during the thirty calendar day period commencing on the Put Commencement Date and each anniversary of the Put Commencement Date and (y) within 30 days following the occurrence of an Event at a time when 25% of the aggregate Liquidation Preference of the Class A Preferred Units as of the date of this Annex A remain outstanding.
If the default is not cured within any applicable cure period, the Put Commencement Date shall accelerate to the later of (x) the default date specified in the notice if there is no cure period or (y) the last date of any applicable cure period.