Conditional Put. (a) If there is a Change of Control relating to a Group, the other Group shall have the right to put (the “Put”) all but not less than all of the Company Shares held by it to any of the Shareholders being part of the Group which is the subject of the Change of Control (the “Target Shareholder”) at a value determined by an Independent Valuation. The payment for the Company Shares under this Put shall be made, at the option of the Group exercising the Put, either:
Appears in 6 contracts
Samples: Shareholders Agreement (Portugal Telecom SGPS Sa), Shareholders Agreement (Telefonica S A), Shareholders Agreement (Telefonica Mobile Inc)
Conditional Put. (a) If there is a Change of Control relating to a Group, the other Group shall have the right to put (the “"Put”") all but not less than all of the Company Shares held by it to any of the Shareholders being part of the Group which is the subject of the Change of Control (the “"Target Shareholder”") at a value determined by an Independent Valuation. The payment for the Company Shares under this Put shall be made, at the option of the Group exercising the Put, either:
Appears in 1 contract
