Common use of Put Closing Clause in Contracts

Put Closing. Subject to Section 13.1(d), the Put closing shall occur at 10:00 a.m., New York City time, on the Put Right Closing Date at such location designated by the Put Right Holder in the Put Notice. On the Put Right Closing Date, (i) the Put Right Holder shall sell, and the Company shall purchase, all of the Put Securities then held by the Put Right Holder, free and clear of any liens or other encumbrances (other than restrictions on transfer imposed by federal and state securities laws), for the Put Price. Subject to Section 13.1(d), the Put Right Holder shall deliver certificates evidencing the Put Securities then held by the Put Right Holder against delivery by the Company of the Put Price. Subject to Section 13.1(d), the delivery of the Put Price by the Company shall be made in U.S. dollars by wire transfer in immediately available funds to the account or accounts designated by the Put Right Holder in the Put Notice.

Put Closing. Subject to Section 13.1(d)2.1(d) hereof, the Put closing Closing shall occur at 10:00 a.m., New York City time, on the Put Right Closing Date at such location designated by the Put Right Holder in the Put Notice. On the Put Right Closing Date, (i) the Put Right Holder shall sell, and the Company Issuer shall purchase, all of the Put Securities then held by the Put Right Holder, free and clear of any liens or other encumbrances (other than restrictions on transfer imposed by federal and state securities laws), for the Put Price. Subject to Section 13.1(d)2.1(d) hereof, the Put Right Holder shall deliver certificates evidencing the Put Securities then held by the Put Right Holder against delivery by the Company Issuer of the Put Price. Subject to Section 13.1(d2.1(d), the delivery of the Put Price by the Company Issuer shall be made in U.S. dollars by wire transfer in immediately available funds to the account or accounts designated by the Put Right Holder in the Put Notice.

Put Closing. Subject to Section 13.1(d)2.1(d) hereof, the Put closing Closing shall occur at 10:00 a.m., New York City time, on the Put Right Closing Date at such location designated by the Put Right Holder in the Put Notice. On the Put Right Closing Date, (i) the Put Right Holder shall sell, and the Company shall purchase, all of the Put Securities then held by the Put Right Holder, free and clear of any liens or other encumbrances (other than restrictions on transfer imposed by federal and state securities laws), for the Put Price. Subject to Section 13.1(d)2.1(d) hereof, the Put Right Holder shall deliver certificates evidencing the Put Securities then held by the Put Right Holder against delivery by the Company of the Put Price. Subject to Section 13.1(d)2.1(d) hereof, the delivery of the Put Price by the Company shall be made in U.S. dollars by wire transfer in immediately available funds to the account or accounts designated by the Put Right Holder in the Put Notice.