Put Option Trigger Event definition

Put Option Trigger Event means the occurrence of any of the following events: (i) any Change of Control of the Company, or (ii) the sale or exclusive license of substantially all of the Company’s assets, or similar transaction, involving all or substantially all of the Company’s assets.
Put Option Trigger Event has the meaning given in clause 3.1;
Put Option Trigger Event means the occurrence of one or more of the following events:

Examples of Put Option Trigger Event in a sentence

  • If the Holder desires to exercise a Put Option after a Put Option Trigger Event, the Holder shall surrender this Warrant, together with a completed Put Option Exercise Form in the form attached hereto as Schedule III (or a reasonable facsimile thereof) duly executed, to the Company at the address and in the manner set forth in Section 11 hereof, or at such other place as is designated in writing by the Company.

  • Investor shall have the right to exercise the put option set out in this Clause 6 (the “Put Option”) by delivering a written notice in the form set out in Schedule 6 (the “Put Option Exercise Notice”) to the Company at any time from the date of occurrence of the applicable Put Option Trigger Event but on or before the thirtieth (30th) day after the date of receipt of the Put Option Trigger Notice (the “Put Option Exercise Period”).

  • The thirty (30) calendar days’ period may not start earlier than upon the occurrence of the Put Option Trigger Event.

  • For purposes of this Agreement, a "Put Option Trigger Event" means the date on which the Merger Agreement has been validly terminated by Target pursuant to Section 9.1(b)(i) thereof, but if, and only if, AIMCO did not have the right to validly terminate the Merger Agreement pursuant to Section 9.1(b)(i) thereof on the date of such termination.

  • If any Put Option Trigger Event under clauses 7.1(a) and 7.1(b) takes place before completion of the IPO, Investor shall have the right to exercise the put option (the Pre- IPO Put Option) by serving the Company with a written notice (the Pre-IPO Put Option Exercise Notice) within ninety (90) days from the date of occurrence of the applicable Put Option Trigger Event (the Pre-IPO Put Option Exercise Period).


More Definitions of Put Option Trigger Event

Put Option Trigger Event has the meaning set forth in Section 6.2.
Put Option Trigger Event means any of the following events, circumstance or situation:
Put Option Trigger Event has the meaning assigned to the term “Causal de Venta” in the FODER Joinder Agreement;
Put Option Trigger Event means the earlier of (A) M▇▇▇▇ ▇▇, ▇▇▇▇, (▇) the occurrence of a Sale (as defined in Section 2(g)(v)) of any of (1) TCI, (2) PSB, or (3) the business trust participating in any “Restructuring” under and as defined in the Subsidiary Loan Agreement (the “Trust”) and each Subsidiary (if any) thereof (TCI, PSB and the Trust, each a “Related Company”) or (C) the date on which mandatory payment is required to be made of all obligations under (1) the Loan Agreements, (2) the Second Amended and Restated Credit Agreement, dated as of September 16, 2005, amended and restated as of March 31, 2006 and further amended and restated as of April 24, 2007, by and among the Company, the direct and indirect Subsidiaries of the Company from time to time party to the agreement, as guarantors, and ComVest (as assignee of H▇▇▇▇▇ ▇.▇.), as amended from time to time, or (3) the Secured Convertible Promissory Note issued by the Company to the Holder, dated as of May 23, 2007.
Put Option Trigger Event means the date on which the Merger Agreement has been validly terminated by Target pursuant to Section 9.1(b)(i) thereof, but if, and only if, AIMCO did not have the right to validly terminate the Merger Agreement pursuant to Section 9.1(b)(i) thereof on the date of such termination. In the event AIMCO wishes to exercise the Call Option, or the Stockholder wishes to exercise the Price Protection Right or the Put Option, such exercising party shall send written notice (which shall be irrevocable) to the other party specifying that it wishes to purchase the Stockholder's Shares, in the case of the Call Option, receive the Price Protection Payment, in the case of the Price Protection Right, or sell the Stockholder's Shares, in the case of the Put Option, and a date (the "Closing Date") for the closing of such purchase or receipt of such payment (a "Closing"). Such notice shall be sent no later than the fifth business day following the Call Option Trigger Event, the Price Protection Trigger Event or the Put Option Trigger Event, as the case may be. The Closing shall take place on the tenth business day after the earliest of (a) delivery of the written notice, if any, exercising the Call Option, (b) delivery of the written notice, if any, exercising the Price Protection Right, (c) delivery of the written notice, if any, exercising the Put Option, and (d) the satisfaction or waiver of the applicable conditions set forth in the preceding paragraph, at the offices of Skadden, Arps, Slate, ▇▇▇▇▇▇▇ & ▇▇▇▇ LLP, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ or at such other place as may be mutually agreed upon by AIMCO and the Stockholder. Until either the Call Option, in the case of AIMCO, or the Price Protection Right or the Put Option, in the case of the Stockholder, has been exercised and AIMCO has paid the Aggregate Purchase Price or the Price Protection Payment, as the case may be, in full as provided for in Section 1 hereof, the parties hereto agree that the Stockholder shall own the Stockholder's Shares and Insignia Options for all purposes. In the event AIMCO delivers written notice exercising the Call Option, Stockholder shall, immediately prior to the Closing, exercise the Insignia Options and purchase from IFG the shares of IFG Stock issuable upon the exercise of the Insignia Options. Concurrent with Stockholder's exercise of the Insignia Options, AIMCO shall loan to Stockholder an amount equal to the aggregate exercise price of the Insignia Options in consideratio...
Put Option Trigger Event means the date on which the Merger Agreement has been validly terminated by Target pursuant to Section 9.1(b)(i) thereof, but if, and only if, AIMCO did not have the right to validly terminate the Merger Agreement pursuant to Section 9.1(b)(i) thereof on the date of such termination. In the event AIMCO wishes to exercise the Call Option, or the Stockholder wishes to exercise the Price Protection Right or the Put Option, such exercising party shall send written notice (which shall be irrevocable) to the other party specifying that it wishes to purchase the Stockholder's Shares, in the case of the Call Option, receive the Price Protection Payment, in the case of the Price Protection Right, or sell the Stockholder's Shares, in the case of the Put Option, and a date (the "Closing Date") for the closing of such purchase or receipt of such payment (a "Closing"). Such notice shall be sent no later than the fifth business day following the Call Option Trigger
Put Option Trigger Event has the meaning given in paragraph 1.1 of Schedule 7 (A15 Put Option);