Put Option Event definition

Put Option Event means a Change of Control Event.
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Put Option Event means a Change of Control Event or a De-Listing Event.
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Put Option Event means any one of the following events:
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Examples of Put Option Event in a sentence

  • The Collateral Agent shall not be deemed to have knowledge or notice of the occurrence of any Put Option Event or other breach of this Agreement or the other Transaction Documents unless the Collateral Agent shall have received written notice from a Purchaser or a Seller Party referring to this Agreement, describing such Put Option Event, breach or default, as applicable and stating that such notice is a “notice of Put Option Event” or “notice of breach or default”.

  • In the event a Buy-Out Payment or an Automatic Put Payment is determined not to be due and payable by order of any court of competent jurisdiction, including, without limitation, by operation of any Bankruptcy Law, despite a Put Option Event or an Automatic Put Option Trigger having occurred, such Buy-Out Payment and such Automatic Put Payment shall nonetheless constitute obligations under this Agreement for all purposes hereunder.

  • The failure to pay the Default Fee when the same becomes due and payable shall constitute an immediate Put Option Event.

  • The imposition and payment of any late fee shall not constitute a waiver of any Purchaser’s rights with respect to any payment-related Put Option Event.

  • For the avoidance of doubt, no Late Fee shall accrue, and no Put Option Event described in clause (c) of the definition thereof shall be deemed to have occurred, with respect to any underpayments until after the [***] period referred to in the immediately preceding sentence.


More Definitions of Put Option Event

Put Option Event means a Change of Control Event or a Material Asset Sale Event.
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Put Option Event means the occurrence of a Change of Control.
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Put Option Event means the occurrence of any one of the following events:
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Put Option Event means the earliest to occur of the following events: (i) the Final Maturity Date (as defined in the Financing Agreement) or any date thereafter and (ii) the date upon which a Change in Control occurs.
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Put Option Event means if:
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Put Option Event means (a) the occurrence of Tag Along Sale (as defined in the Shareholders’ Agreement), a Drag Along Sale (as defined in the Shareholders’ Agreement) or an Exit (as defined in the Shareholders’ Agreement), (b) Topco ceasing to legally and beneficially directly own and control 100% of the issued share capital and votes attaching to the shares in the Company or (c) the Company ceasing to legally and beneficially directly own and control 100% of the issued share capital and votes attaching to the shares in the Issuer.
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Put Option Event means the occurrence of an event or series of events whereby one or more persons, not being the Majority Shareholder (or an Affiliate thereof), and/or the Minority Shareholder (or an Affiliate thereof), acting in concert, acquire control, directly or indirectly, over more than 50 per cent of the voting shares of the Issuer, or the right to, directly or indirectly, appoint or remove the whole or a majority of the directors of the board of directors of the Issuer.
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