Put Termination Clause Samples
A Put Termination clause grants one party, typically the investor or lender, the right to require the other party to repurchase or redeem their interest or investment under specified conditions. This clause outlines the circumstances, such as the occurrence of certain events or after a set period, under which the holder can exercise this right, and it details the process and pricing for the buyback. Its core practical function is to provide an exit mechanism and liquidity assurance for the holder, thereby managing risk and offering flexibility in the investment or contractual relationship.
Put Termination. The provisions of this paragraph 3 will terminate upon the occurrence of the earlier of (i) a Termination Event or (ii) a Public Offering.
Put Termination. The provisions of this paragraph 4 will terminate upon the occurrence of a Termination Event.
Put Termination. 35 Section 8. Definitions ................................................. 35 Section 9. Miscellaneous ............................................... 43 9A. Expenses .................................................... 43 9B. Remedies .................................................... 43 9C.
Put Termination. The Put rights contained in this Section 6 shall terminate upon a Qualified Public Offering.
Section 7. Additional Protections for Holders of Investor Common ----------------------------------------------------- Stock. -----
Put Termination. The Put rights contained in this Section 7 shall terminate upon a Qualified Public Offering.