Put Period. Each Putting Member (together with its respective Permitted Transferees that have become Members) shall be eligible to deliver a Put Notice in accordance with Section 12.5.1(a)(i) with respect to up to one-third of the Aggregate Units held by the Putting Member during the period commencing on the five (5) year anniversary of the Closing Date and ending thirty (30) days thereafter, (ii) with respect to up to one-third of each such Putting Member’s Aggregate Units during the period commencing on the seven (7) year anniversary of the Closing Date and ending thirty (30) days thereafter and (iii) with respect to any remaining portion of each Putting Member’s Aggregate Units during the period commencing on the ten (10) year anniversary of the Closing Date and ending thirty (30) days thereafter; provided, however, that no Putting Member may provide a Put Notice pursuant to this Section 12.5 with respect to less than 20% of such Putting Member’s Aggregate Units. With respect to USPB, USPB shall also have the right to deliver a Put Notice to Leucadia at any time during the period commencing on the date on which USPB is no longer obligated to deliver cattle to the Company pursuant to the Cattle Purchase and Sale Agreement (the “Cattle Agreement Trigger”) and ending 180 days thereafter. With respect to New Kleinco, New Kleinco shall also have the right to deliver a Put Notice to Leucadia at any time during the period commencing on the date on which Xxxxx is no longer employed by the Company (the “Xxxxx Non-employment Trigger”) and ending 180 days thereafter. Such fifth, seventh and tenth anniversary dates, the date of the Cattle Agreement Trigger and the date of the Xxxxx Non-employment Trigger are individually referred to herein as a “Put Date” and are collectively referred to here as the “Put Dates.” The thirty (30) day period beginning on the fifth, seventh and tenth anniversary dates, the one hundred eighty (180) day period beginning on the Cattle Agreement Trigger and the one hundred eighty (180) day period beginning on the Xxxxx Non-employment Trigger shall be referred to as a “Put Election Period;” provided that, if the Initiating Seller has notified USPB, NBPCo and New Kleinco and their respective Permitted Transferees that the Initiating Seller has, in good faith, taken steps to sell the Company, the applicable Put Election Period shall be tolled for a period not to exceed 120 days to permit the Initiating Seller to implement such sale.
Put Period. (i) Each Putting Member (together with its respective Permitted Transferees that have become Members) shall be eligible to deliver a Put Notice in accordance with Section 12.5.1(a) (A) during the period commencing on January 1, 2023, and ending on January 31, 2023, and thereafter, annually during each January thereafter (the “Annual Trigger”) and (B) to the extent NBM remains a Member, if a NBM Change of Control occurs, within 60 days of the NBM Change of Control (the “COC Trigger”); provided, however, that upon delivery of notice to the Minority Members that a lender or the agent holding a Permitted Financing Pledge intend to exercise remedies thereunder that will result in an NBM Change of Control (such notice being an “Enforcement Notice”), each Putting Member (together with its respective Permitted Transferees that have become Members) shall instead be required to deliver a Put Notice in accordance with Section 12.5.1(a) within ten Business Days after the date of the Enforcement Notice and any failure to deliver such Put Notice within such ten Business Day period shall be deemed a waiver of the put rights of the Putting Members and their Permitted Transferees pursuant to this Section 12.5.1(b)(i)(B) (it being acknowledged that nothing in this Section shall require any holder of a Permitted Financing Pledge to deliver any Enforcement Notice). Notwithstanding anything to the contrary herein,
Put Period. The Put Right shall be exercisable by NEH by delivering a Put Exercise Notice (defined below) at any time during the period (the “Exercise Period”) commencing on (and including) the earlier of (i) March 31, 2010 and (ii) the occurrence of a Toshiba Event, and ending on the earlier of (x) the date that is 30 days after receipt by NEH of the consolidated financial statements (prepared in accordance with US GAAP) of the HoldCos for the period ending September 30, 2012 and (y) February 28, 2013 (such earlier date, the “Exercise Period End Date”). For the avoidance of doubt, if the Put Exercise Notice is not delivered on or before the Exercise Period End Date, the Exercise Period shall automatically expire, and the Put Right shall thereafter be of no further force or effect, at 11:59:59 p.m. on Exercise Period End Date. Once the Put Right is exercised, NEH shall have no Put Right on the remaining Shares, if any.
Put Period. 11 SECTION 3.03
Put Period. The "Put Period" shall be the period commencing on the third anniversary of the Closing and ending on the sixth anniversary of the Closing. In addition, a "Put Event Period" shall also commence on the occurrence of a Put Event and shall continue for ninety (90) days thereafter.
Put Period. PSC agrees that for the period beginning on the date hereof and ending sixty (60) calendar days after the date hereof (the “Put Period”), it shall exercise commercially reasonable efforts, with the assistance of an independent broker, to sell for a price at or in excess of U.S. $25.00 per share any of the shares of Common Stock previously acquired pursuant to the SPA and held as of the date hereof (the “Initial Shares”).
Put Period. If the Call is not exercised within the Call Period, then for the period commencing on the date (the "Put Commencement Date") which is five (5) years after the date hereof, and ending on the later of (x) the one hundred eightieth (180th) day after the Put Commencement Date, or (y) the tenth (10th) day following delivery of the Put Reminder Notice (such period being referred to as the "Put Period"), the Class A Partners (or such of the Class A Partners as may elect to exercise their rights under this subparagraph (b), without the requirement for all of the Class A Partners to do so) shall have the right (the "Put") to require the UPREIT to acquire, and upon exercise of the Put the Upreit shall be required to acquire by contribution from such Class A Partners, all of the Retained Interests owned by the exercising Class A Partners for the Put Consideration (as hereinafter defined) allocable to such Class A Partners. The "Put Reminder Notice" means a notice from the UPREIT to the Class A Partners (given not earlier than 30 days prior to the expiration of the 180 day period following the Put Commencement Date) that such 180 day period is about to, or has, expired.
Put Period. A. The "
Put Period. During the thirty (30) day period ending on December 15, 2020 (the “Put Period”), the Investor Member shall have the right to exercise an option to require the Company to redeem all but not less than all of the Investor Member’s Interest (the “Put Option”) by delivering a Notice (the “Put Notice”) to the Company, which Put Notice shall be irrevocable. Upon receipt of the Put Notice, the Administrative Member shall be obligated to pay the Put Price and cause the Company to redeem the Investor Member’s Interest as set forth in Section 8.3D.
Put Period. Put Period means any period of time during which the ---------- Put Right may be exercised as set forth in Section 10.5.
