Exercise of Put Options. During the period beginning at the Open of Business on the Determination Date and ending at the Close of Business on the Expiration Date, the Holder shall be entitled to exercise, in accordance with this Article 3, the full Number of Put Options or any portion thereof (which shall not include any fractional Put Options) by delivering a duly completed and executed Exercise Notice to the Seller; provided that the Holder shall not be entitled to deliver more than one Exercise Notice to the Seller. Any Put Options not exercised prior to the Close of Business on the Expiration Date shall expire unexercised. The date on which the Holder complies with the requirements for exercise set forth in this Section 3.01 in respect of one or more Put Options is the “Exercise Date” for such Put Options. However, if such date is not a Trading Day or the Holder satisfies such requirements after the Close of Business on a Trading Day, then the Exercise Date shall be the immediately succeeding Trading Day. The Seller shall notify the Holder, not later than the Open of Business on the Determination Date of the Number of Put Options.
Exercise of Put Options. Each Paying Agent shall make available to Noteholders during the period specified in Condition 10(e) (Redemption at the option of Noteholders) for the deposit of Put Option Notices forms of Put Option Notice upon request during usual business hours at its Specified Office. Each Paying Agent shall also make available to Noteholders, in relation to Condition 10(f) (Change of Control), forms of Early Redemption Notice upon request during usual business hours at its Specified Office. Upon receipt by a Paying Agent of a duly completed Put Option Notice or Early Redemption Notice such Paying Agent shall notify the Issuer and (in the case of a Paying Agent other than the Fiscal Agent) the Fiscal Agent thereof indicating the certificate or serial numbers (if any) and principal amount of the Notes in respect of which the Put Option or Early Redemption Notice is exercised. Any such Paying Agent with which a Definitive Note or Individual Note Certificate is deposited shall deliver a duly completed Put Option Receipt to the depositing Noteholder and shall hold such Definitive Note or Individual Note Certificate on behalf of the depositing Noteholder (but shall not, save as provided below or in the Conditions, release it) until the Optional Redemption Date (Put), in the case of a Put Option Notice, or Effective Date, in the case of an Early Redemption Notice, when it shall present such Definitive Note or Individual Note Certificate to itself for payment of the redemption moneys therefor and interest (if any) accrued to such date in accordance with the Conditions and Clause 8 (Payments to Noteholders) and pay such amounts in accordance with the directions of the Noteholder contained in the Put Option Notice or Early Redemption Notice, as relevant; provided, however, that if, prior to the Optional Redemption Date (Put), in the case of a Put Option Notice, or Effective Date, in the case of an Early Redemption Notice, such Definitive Note or Notes evidenced by such Individual Note Certificate become immediately due and payable or upon due presentation of such Definitive Note or Individual Note Certificate payment of such redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice or Early Redemption Notice, as relevant, and shall, in the case of a Definitive Note, hold such Note at its Specified Office f...
Exercise of Put Options. Either the EIK Manager or a Management Holder (collectively, the “Put Holders”) may exercise a Put Option in accordance with this Section 7.13 upon the occurrence of any of the following:
Exercise of Put Options. 3.18 Each of the Ownership Put Option and the De-listing Put Option is exercisable in the period commencing on the occurrence of the applicable Put Event and ending 60 days following the occurrence of the applicable Put Event or, if later, 60 days following the date on which the Put Event Notice is given to Bondholders.
Exercise of Put Options. During the Put Notice Period, each holder of a Put Option Certificate may exercise its Put Option by (i) delivering written notice to the Agent in substantially the form of the Put Option Notice attached hereto as Exhibit A and (ii) (A) in the event that such Certificate is then held in book-entry form, instructing the applicable Clearing Agency in writing, with a copy to the Agent, to transfer the beneficial ownership interest in such Certificate to the Provider on the Put Date in accordance with the transfer instructions specified in the notice received by such holder pursuant to Section 5(b) and (B) in the event that such Certificate is not then held in book-entry form, surrendering such Certificate to the Certificate Registrar for registration of transfer to the Provider on the Put Date in accordance with the transfer instructions specified in the notice received by such holder pursuant to Section 5(b). Any exercise by the holder of a Put Option Certificate of its Put Option shall be void and without effect unless, at all times during the period beginning on the date of such exercise to and including the Put Date, such holder is the holder of the Certificate (or of a beneficial ownership interest therein, if the Certificate is then held in book-entry form). The holder of a Put Option Certificate with respect to which a Put Option has been exercised shall give immediate notice to the Agent of any transfer of the Certificate (or its beneficial ownership interest therein, as applicable) during such period. Except as provided in this paragraph, notice by a holder of a Put Option Certificate of the exercise of its Put Option shall be irrevocable.
Exercise of Put Options. 4.1 If Xxxxxxxxx desires to exercise his put options hereunder, he shall give written notice to Magellan during the period in which the option may be exercised, and such options may only be exercised as to all of the shares of the Corporation's stock which he is entitled to put to Magellan at any one time.
Exercise of Put Options. The Put Options may be exercised by the NAC General Partner at any time prior to their expiration pursuant to Section 2 hereof upon delivery to PRT and the Operating Partnership by the NAC General Partner of a written notice of the election by the NAC General Partner to exercise such Put Option.
Exercise of Put Options. American hereby exercises all seven (7) Put Options granted by FedEx as set forth in Section 2.02. of the Purchase Agreement for the sale of all seven (7) Put Option Aircraft to FedEx with the Scheduled Delivery Dates described in Section 2.02. A Designation and an Engine Designation will be provided by American to FedEx for each Put Option Aircraft in accordance with Section 2.04 of the Purchase Agreement designating the Airframe and Engines that will be tendered to FedEx by American on each Scheduled Delivery Date for the Put Option Aircraft. FedEx acknowledges and accepts receipt of the notice of exercise of all seven (7) Put Options and agrees that, notwithstanding any provision in the Purchase Agreement to the contrary, this Agreement shall constitute a Put Option Exercise of all seven (7) Put Options in compliance with the form, content, delivery and other requirements of exercise of the Put Options pursuant to the terms of the Purchase Agreement, and to the extent such notice does not comply with the terms of the Purchase Agreement, FedEx waives any such non-compliance. Pursuant to the Purchase Agreement, American and FedEx agree that each of the seven (7) Put Options have been validly exercised in accordance with the terms of the Purchase Agreement, and American hereby agrees to sell and deliver to FedEx, and FedEx hereby agrees to purchase and accept delivery of, the seven (7) Put Option aircraft on the Scheduled Delivery Dates and for the Purchase Prices listed in Section 2.02 of the Purchase Agreement and otherwise in accordance with the terms of the Purchase Agreement. FedEx agrees to deliver the Deposits for each of the seven (7) Put Option Aircraft in accordance with Section 2.06.
Exercise of Put Options. The Put Options may be exercised by the exercising party giving written notice to the Company of the exercising party's election to exercise the option. The notice shall set forth the date of the Option Closing (as defined below), which date shall be no more than 30 days after the date of such notice.
Exercise of Put Options
