Common use of Put Option Closing Clause in Contracts

Put Option Closing. The closing for the purchase and sale of all or such portion of the Put Shares as to which the Holder has notified the Company of its intention to exercise the Put Option, will take place at the office of the Company on the date specified in such notice of exercise (a "Put Option Closing"). At any Put Option Closing, to the extent applicable, the Holder of the Put Shares will deliver the certificate or certificates evidencing the Put Shares being purchased, duly endorsed in blank. In consideration therefor, the Company will deliver to the Holder the Put Price, which will be payable in cash.

Appears in 4 contracts

Samples: Priority Shareholder Agreement (Jotan Inc), Shareholder Agreement (F Jotan LLC), Shareholder Agreement (Jotan Inc)

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Put Option Closing. The closing for the any purchase and sale of all or such ------------------ any portion of the Put Shares as to which the Holder has notified the Company of its intention to exercise the Put Option, will take place at the office of the Company on the date specified in such notice of exercise (each, a "Put Option Closing"). At ------------------ any Put Option Closing, to the extent applicable, the Holder of the Put Shares will deliver the certificate or certificates evidencing the Put Shares being purchased, duly endorsed in blank. In consideration therefor, the Company will deliver to the Holder the Put Price, which will be payable in cash.

Appears in 2 contracts

Samples: Securities Exchange and Purchase Agreement (Fresh America Corp), Securities Exchange and Purchase Agreement (Fresh America Corp)

Put Option Closing. The closing for the purchase and sale of all or such portion of the Put Shares as to which the Holder has notified the Company of its intention to exercise the Put Option, will take place at the office of the Company on the date specified in such notice of exercise (a "Put Option Closing"). At any Put Option Closing, to the extent applicable, the Holder of the Put Shares will deliver the certificate or certificates evidencing the Put Shares being purchased, duly endorsed in blank. In consideration therefor, the Company will deliver to the Holder the Put Price, which will be payable in cashcash (subject to the terms of Section 4.04 hereof).

Appears in 1 contract

Samples: Shareholder Agreement (Massic Tool Mold & Die Inc)

Put Option Closing. The closing for the purchase and sale of all or such portion of the Put Shares as to which the Holder has notified the Company of its intention to exercise the Put Option, will take place at the office of the Company on the date specified in such notice of exercise (a "β€œPut Option Closing"”). At any Put Option Closing, to the extent applicable, the Holder of the Put Shares will deliver the certificate or certificates evidencing the Put Shares being purchased, duly endorsed in blank. In consideration therefor, the Company will deliver to the Holder the Put Price, which will be payable in cash.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Kenan Advantage Group Inc)

Put Option Closing. The closing for the purchase and sale of all or ------------------ such portion of the Put Shares as to which the Holder Purchaser has notified the Company Seller of its intention to exercise the Put Option, will take place at the office of the Company Seller on the date specified in such notice of exercise (a "Put Option Closing"). At any Put Option Closing, to the extent applicable, the Holder Purchaser of the Put Shares will deliver the certificate or certificates evidencing the Put Shares being purchased, duly endorsed in blank. In consideration therefor, the Company Seller will deliver to the Holder Purchaser the Put Price, which will be payable in cash.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Satellink Communications Inc)

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Put Option Closing. The closing for the purchase and sale of all ------------------ or such portion of the Put Shares as to which the Holder has notified the Company of its intention to exercise the Put Option, will take place at the office of the Company on the date specified in such notice of exercise (a "Put --- Option Closing"). At any Put Option Closing, to the extent applicable, the -------------- Holder of the Put Shares will deliver the certificate or certificates evidencing the Put Shares being purchased, duly endorsed in blank. In consideration therefor, the Company will deliver to the Holder the Put Price, which will be payable in cash.

Appears in 1 contract

Samples: Shareholder Agreement (Rice Partners Ii L P)

Put Option Closing. The closing for the purchase and sale of all or such portion of the Put Shares as to which the Holder Purchaser has notified the Company of its intention to exercise the Put Option, will take place at the office of the Company on the date specified in such notice of exercise (a "Put Option Closing"). At any Put Option Closing, to the extent applicable, the Holder Purchaser of the Put Shares will deliver the certificate or certificates evidencing the Put Shares being purchased, duly endorsed in blank. In consideration therefor, the Company will deliver to the Holder Purchaser the Put Price, which will be payable in cash.

Appears in 1 contract

Samples: Stockholder Agreement (It Partners Inc)

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