Exercise of Put Rights. Any stockholder of New Esmark who validly elected to receive Put Rights in the combination of Wheeling-Pittsburgh and Esmark desiring to exercise Put Rights for all or any portion of that stockholder’s eligible shares should either:
Exercise of Put Rights. The Participant (or his or her estate, if applicable) may exercise its Put Rights under this Section 3.7 by giving written notice thereof to the Company not later than four years following the termination of the Participant’s services to the Company. Upon delivery (or promptly following delivery) of such notice of exercise of Put Rights, the Company shall deliver to the Participant (or his or her estate, if applicable) a calculation of the purchase price therefor in accordance with Section 3.7(i). The Participant (or his or her estate, if applicable) shall have the right to irrevocably rescind the notice of exercise for a period of ten business days following the delivery of such calculation. The consummation of the repurchase shall take place at the principal offices of the Company on the tenth (10th) business day following the delivery of the calculation of the purchase price (or at such other time and/or place as the Company and the Participant (or such estate) shall agree).
Exercise of Put Rights. Reference is hereby made to that certain Stock Purchase Warrant, dated August 9, 2002, originally entered into between Harbinger and TEAMM Pharmaceuticals, Inc. (the “Warrant”). On the date hereof Harbinger exercised its Put rights under the Warrant and as a result thereof has no rights in, to or under the Warrant. Further, Harbinger has no other right or entitlement (including but not limited any warrant, option, conversion right, preemptive right or other agreement) to purchase any shares of the Company or TEAMM capital stock (including but not limited to shares of Series D Preferred stock and shares of common stock).
Exercise of Put Rights. Not later than 90 days after the BSN Acquisition Closing Date, holders of Existing BSN Senior Subordinated Notes in an aggregate amount not less than €5,000,000 shall have accepted the applicable issuer’s “change of control offer” with respect to such holder’s BSN Senior Subordinated Notes in accordance with Section 5.8 of the applicable BSN Senior Subordinated Note Indentures.
Exercise of Put Rights. If the Company or any Subsidiary exercises any right under the NHP-Related Real Estate Acquisition Agreement to transfer to the sellers thereunder any NHP-Related Real Estate Assets for a purchase price payable in cash, the Company shall immediately upon such transfer prepay Loans in an amount equal to the purchase price so received in cash.
Exercise of Put Rights. The Put Option shall be exercisable by notice in writing sent by the Holder (a “Put Notice”) to the Company advising of the Holder’s election to exercise the Put Option. Each Put Notice shall set forth the number of Put Shares to be sold to the Company. The closing of the purchase and sale of the Put Shares shall take place within thirty (30) days after the Company’s receipt of the Put Notice (“Put Closing”). The exercise of the Put Option shall constitute an unconditional and irrevocable commitment by the Holder to sell, on the one hand, and the Company to purchase, on the other hand, all Put Shares being put to the Company by the Holder in accordance with the provisions of this Agreement. On the date of the Put Closing, the Holder shall deliver to the Company at the Company’s offices set forth in Section 5 below stock certificate(s) representing such Put Shares. To the extent that the Holder is not exercising the Put Option in full with respect to the Put Shares held by the Holder, the Company shall deliver at the Put Closing a stock certificate representing the number of shares of Common Stock not being sold by the Holder to the Company. Alternatively, the Put Notice can provide that the Holder desires to purchase additional shares of common stock of the Company at the Put Price by a cashless exercise of the Put Option. If the Holder elects to receive additional shares of common stock of the Company, the Company shall issue the Holder a number of shares of common stock computed using the following formula: X=Y (A-B) Where X= the number of shares of Common Stock to be issued to the Holder Y= the number of Put Shares purchasable under the Put Notice A= the market value of the stock on the date of the Put Notice B= $2.oo
Exercise of Put Rights. The Company and Holder acknowledge and agree that thePut Rights for the Exercise Periods identified on Exhibit A have been exercised in full and, upon consummation of the Exchange, all obligations of the Company in respect of the exercise thereof shall have been satisfied in their entirety, and such Put Rights shall have been extinguished and of no further force or effect.
Exercise of Put Rights. The Put Option shall be exercisable by notice in writing sent by Amari (a "Put Notice") to the Company advising of his election to exercise the Put Option. Each Put Notice shall set forth the number of Put Shares to be sold to Company. Amari shall have up to four (4) opportunities to send a Put Notice with respect to any Put Shares eligible to be sold, provided that no less than ten percent (10%) of such eligible Put Shares are included in a Put Notice. The closing of the purchase and sale of the Put Shares being sold by Amari shall take place ten (10) business days after the Company's receipt of the Put Notice (the "Put Closing"). The exercise of the Put Option shall constitute an unconditional and irrevocable commitment by Amari to sell, on the one hand, and the Company to purchase, on the other hand, all Put Shares being put to the Company by Amari in accordance with the provisions of this Agreement. On the date of the Put Closing, Amari shall deliver to the Company at the Company's offices set forth in Paragraph 5 below the stock certificate representing such Put Shares, free and clear of any lien or encumbrance thereon, (except for the liens and encumbrances which may be asserted by the Company) accompanied by a stock power duly endorsed in blank and the Company shall deliver to Amari in immediately available funds the aggregate Put Price for such Put Shares being sold to the Company, together with a stock certificate representing the ABC Shares not sold by Amari to the Company (if any).
Exercise of Put Rights. The Company and Holder acknowledge and agree that (i) the Put Rights for the Maximum Amounts (as set forth on Annex A of the Put Agreement) for the Exercise Periods corresponding to Numbers 12, 14, 15, 17 and 18 identified on Exhibit A have been timely exercised in full in accordance with the terms of the Put Agreement, and (ii) that, in lieu of payment for the Exchanged Shares with respect to such Put Rights in accordance with the terms of the Put Agreement, the Holder has agreed to accept payment with respect to such Exchanged Shares pursuant to the terms of the Convertible Note attached hereto as Exhibit B.
Exercise of Put Rights
