Put Termination Date definition

Put Termination Date means, with respect to the Management Stockholder Group of any Applicable Employee, the six (6) month anniversary of the thirtieth (30th) day following the later of (i) the termination of employment or service by the Company and all of its Affiliates of such Applicable Employee with the Company and all of its Affiliates due to a resignation by the Applicable Employee without Good Reason (other than a Retirement) and (ii) the last date following such termination of employment or service on which such Applicable Employee or any member of such Applicable Employee’s Management Stockholder Group acquires any Shares upon the exercise of Company Stock Options or similar purchase right or in settlement of a Company Award (or, if later, the last date on which any such Shares became vested Shares); provided, that notwithstanding the foregoing, in the event that at any time during the Put Period the Company is prohibited from purchasing DTI Securities under applicable securities laws, including Rule 14e-5 of the Exchange Act, the Put Termination Date shall be tolled until the Put Blackout Period is no longer applicable, and the Put Period and the Put Termination Date shall each be extended by the number of days during which the Put Termination Date was tolled; provided, further, that if the Put Termination Date is not a Business Day, the Put Termination Date shall instead be the immediately succeeding Business Day after such six (6) month anniversary date.
View Source
Put Termination Date shall have the meaning specified in Section 13.11(a).
View Source
Put Termination Date has the meaning set forth in Section 2.1(b).
View Source

Examples of Put Termination 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.

  • If the Subscriber has not exercised the Put Right by the Put Termination Date, it shall be automatically exercised in accordance with the provisions of Section 1(d) and 1(e) hereof as of immediately before its expiration.

  • The Put Rights of holders shall terminate after the Put Termination Date (a “Put Termination”), and thereafter the holders shall have no rights to put Notes to the Company under the Notes or this Indenture.

  • 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.

  • To exercise the Put Option, on or prior to the Put Termination Date, the Converting Lender must execute and deliver to the Company (a) the exercise form attached hereto as Exhibit B (a “Put Notice”) and (b) a duly completed and executed IRS Form W-8 or W-9 establishing that such lender is exempt from back-up withholding under the US federal income tax laws.

  • To exercise the Keytech Shareholders Put Right, he or she must provide AT&T and the Company with written notice of such exercise on any date during the period beginning on the first anniversary of the Closing Date and ending 90 days thereafter (the "Keytech Shareholders Put Termination Date").

  • After the Put Termination Date, holders may not put their 2009 Puttable Senior Notes.

  • In the event that PNB fails to give Paxs▇▇ ▇▇▇ Put Notice prior to the Put Termination Date, the Put Option shall expire.

  • The Metro Put shall terminate at 5:00 p.m. New York City time on June 10, 2005 (the "Metro Put Termination Date").


More Definitions of Put Termination Date

Put Termination Date has the meaning ascribed to such term in Section 4.1(d).
View Source
Put Termination Date means, with respect to the Management Stockholder Group of any Applicable Employee, the six (6) month anniversary of the thirtieth (30th) day following the later of (i) the termination of employment or service by the Company and all of its Affiliates of such Applicable Employee with the Company and all of its Affiliates for any reason other than for Cause and (ii) the last date following such termination of employment or service on which such Applicable Employee or any member of such Applicable Employee’s Management Stockholder Group acquires any Shares upon the exercise of Company Stock Options or similar purchase right or in settlement of a Company Award (or, if later, the last date on which any such Shares became vested Shares); provided, that notwithstanding the foregoing, in the event that at any time during the Put Period the Company is prohibited from purchasing DTI Securities under applicable securities laws, including Rule 14e-5 of the Exchange Act, the Put Termination Date shall be tolled until the Put/Call Blackout Period is no longer applicable, and the Put Period and the Put Termination Date shall each be extended by the number of days during which the Put Termination Date was tolled; provided, further, that if the Put Termination Date is not a Business Day, the Put Termination Date shall instead be the immediately succeeding Business Day after such six (6) month anniversary date.
View Source
Put Termination Date means the later of (i) 30 days following the Put Commencement Date and (ii) 10 days following the Holder’s receipt of written notice from the Company that it has completed a Qualified Financing.
View Source
Put Termination Date means the earlier to occur of (i) 5:00 P.M. Eastern Time on the tenth consecutive trading day during which OmniVision has maintained an effective Registration Statement covering the Put Shares (provided that the Registration Statement need not be effective during such ten (10) consecutive trading day period if the disposition of the Put Shares is exempt from registration under the Securities Act during such period or if OmniVision is entitled to withdraw the Registration Statement in accordance with the terms of Section 2.1 of the Registration Rights Agreement), on which the last reported trade price at the close of the regular trading day (excluding after hours and extended trading periods) of OmniVision Common Stock as quoted on the NASDAQ Stock Market (or other principal exchange or market on which OmniVision Common Stock may then be listed) equals or exceeds 140% of the Closing Stock Price (as adjusted for any stock dividends, combinations, forward or reverse stock splits, recapitalizations and the like with respect to such shares occurring after the Effective Time) (the "TRADING EVENT DATE") and (ii) 5:00 P.M. Eastern Time on the second anniversary of the Put Effective Date. Notwithstanding the foregoing, if the Trading Event Date occurs prior to the date when OmniVision has transferred all Contingent Shares to the Holders, the Put Right solely with respect to Contingent Shares actually issued to the Holders shall be effective for twenty (20) business days following the date on which OmniVision has issued to the Holders all Contingent Shares that are required pursuant to the Merger Agreement to be issued to the Holders immediately following the expiration of the eighteen-month period following the Effective Time. The Put Right with respect to Contingent Shares shall terminate and be null and void with respect to Contingent Shares immediately following the twenty (20) business day period set forth in the preceding sentence. No Holder shall be entitled to exercise the Put Right with respect to Contingent Shares during the Escrow Period (unless such Contingent Shares are issued pursuant to Section 12.3(g) of the Merger Agreement prior to the expiration of such Escrow Period in which case the Holders of such released Contingent Shares shall be entitled to exercise the Put Right with respect to such released Contingent Shares during the Escrow Period subject to the terms and conditions set forth in this Put Agreement) or with respect to Contingent Shares t...
View Source

Related to Put Termination Date