Common use of Put Provision Clause in Contracts

Put Provision. Without prejudice to any other provisions of this Warrant, upon the earliest to occur of (i) the satisfaction in full of the Debentures, (ii) the consummation of a Change of Control Transaction or (iii) the occurrence, and during the continuance, of an Event of Default, and, each case, at any time during the thirty (30) Trading Days immediately thereafter, Holder may, at its sole option, elect (such right, the “Put Right”) to require the Company to redeem up to the portion of this Warrant corresponding to ___ shares of Common Stock issuable upon exercise of this Warrant (“Underlying Shares”) from the Holder for a purchase price equal to $1.00 (subject to appropriate adjustment for any stock split, stock dividend, stock combination, reverse stock split or similar event) per Underlying Share (the “Put Price”) by delivering of a written notice to the Company (the “Put Notice”). The Put Price shall be due and in payable in cash within three (3) Trading Days after the Company’s receipt of a valid Put Notice.

Put Provision. Without prejudice to any other provisions of this Warrant, upon the earliest to occur of (i) the satisfaction in full of the Debentures, (ii) the consummation of a Change of Control Transaction or (iii) the occurrence, and during the continuance, of an Event of Default, and, each case, at any time during the thirty (30) Trading Days immediately thereafter, Holder may, at its sole option, elect (such right, the “Put Right”) to require the Company to redeem up to the portion of this Warrant corresponding to ___ shares of Common Stock issuable upon exercise of this Warrant (“Underlying Shares”) from the Holder for a purchase price equal to $1.00 (subject to appropriate adjustment for any stock split, stock dividend, stock combination, reverse stock split or similar event) per Underlying Share (the “Put Price”) by delivering of a written notice to the Company (the “Put Notice”). The Put Price shall be due and in payable in cash within three (3) Trading Days after the Company’s receipt of a valid Put Notice.