The Put Option Sample Clauses

The Put Option. 2.1 In consideration of the payment of ten pounds (£10) by the Sponsor to the Guarantor and for other good and valuable consideration (the receipt and adequacy of which the Guarantor hereby acknowledges), the Guarantor hereby grants to the Sponsor the option (i) at any time to require the Guarantor to purchase from the Sponsor up to fifty per cent. (50%) of the Residual Partnership Interest and (ii) at any time after the Put Option Date (as defined in the Secondary Put Agreement) to require the Guarantor to purchase from the Sponsor the Residual Partnership Interest in accordance with the provisions of this Agreement (the “Put Option”).
AutoNDA by SimpleDocs
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.
The Put Option. Upon the termination of Executive’s employment with the Company Parties (other than by the Company Parties for Cause or resignation by Executive without Good Reason), the Unvested Securities (whether held by Executive or by one or more of Executive’s Transferees) will be subject to repurchase by the LLC (or one or more of its assignees at the election of the LLC) at the option of Executive (or a legal representative of Executive or Executive’s estate in the event of termination by reason of Disability or death) pursuant to the terms and conditions set forth in this Section 3 (the “Put Option”).
The Put Option. 11.1.1 In consideration of HTH Limited entering into this Agreement, the Council grants the Put Option to HTH Limited.
The Put Option. (a) The Purchaser hereby sells and grants to the Sellers, and the Sellers hereby purchase and acquire from the Purchaser, the option and right (the “Put Option”) to sell, assign, transfer and convey to the Purchaser all of the Acquired Assets, and to require the Purchaser to assume from the Sellers all of the Assumed Liabilities, in each case subject to and in accordance with the terms and conditions of this Agreement (such sale, assignment, transfer and conveyance of Acquired Assets and assumption of Assumed Liabilities, the “Purchase and Sale”).
The Put Option. The Put Option Under the terms of the Agreement, the Company has granted to AIB the right to require the Company to purchase from AIB the AIB-Held Shares.
The Put Option. Upon (i) the failure of Executive to become an employee of any of the Company Parties on or before May 1, 2000 for any reason (other than as a result of an Executive Refusal) or (ii) the termination of Executive’s employment with the Company Parties (other than by the Company Parties for Cause or resignation by Executive without Good Reason), the Unvested Securities (whether held by Executive or by one or more of Executive’s Transferees) will be subject to repurchase by the LLC (or one or more of its assignees at the election of the LLC) at the option of Executive (or a legal representative of Executive or Executive’s estate in the event of termination by reason of Disability or death) pursuant to the terms and conditions set forth in this Section 3 (the “Put Option”).
AutoNDA by SimpleDocs
The Put Option. (a) The Company hereby grants to each Investor an option (the “Put Option”) to sell to the Company on one occasion, and the Company is obligated to purchase from each Investor upon exercise of each such option, all of such Investor’s Put Shares in accordance with the terms of this Article IV.
The Put Option. Section 1.1 Optionor hereby reaffirms its agreement under the July 3rd Transaction Agreement to grant a put right to Optionee, and Optionor hereby grants to Optionee the one-time right (subject to Section 6.1 hereof) (the “Put Option”) to require Optionor to purchase, and Optionor does hereby agree to purchase, upon the exercise of the Put Option in accordance with the terms hereof, all, but not less than all, of the interests directly or indirectly owned by Optionee or any affiliate(s) of Optionee in the 718 Premises or the Partnership (as determined in Optionee’s sole discretion) as of the date of Optionee’s exercise of the Put Option (the “Option Interest”), and Optionee does hereby agree to accept the Put Option from Optionor as an option solely and without undertaking to exercise such Put Option.
The Put Option. 7.4.1. Commencing from the expiration of 12 months from the Closing Date and until the expiration of 22 months from the Closing Date (the "Put Option Exercise Period") each Seller shall be entitled to sell to the Buyer and the Buyer undertakes to buy from each Seller up to 333,334 Ordinary Shares of the Company at a price of NIS 2.20 per share, linked to the Index (the "Put Option").
Time is Money Join Law Insider Premium to draft better contracts faster.