The Put Option. 2.1 In consideration of the payment of ten pounds (£10) by the Sponsor to the Guarantor and for other good and valuable consideration (the receipt and adequacy of which the Guarantor hereby acknowledges), the Guarantor hereby grants to the Sponsor the option (i) at any time to require the Guarantor to purchase from the Sponsor up to fifty per cent. (50%) of the Residual Partnership Interest and (ii) at any time after the Put Option Date (as defined in the Secondary Put Agreement) to require the Guarantor to purchase from the Sponsor the Residual Partnership Interest in accordance with the provisions of this Agreement (the “Put Option”).
The Put Option. Anytime during the validity of this Warrant, the Holder shall have the right, but not the obligation, to require the Company to repurchase up to 100% of the Warrant stock issued upon the exercise of this Warrant at fair market value determined in accordance with section 4.3 below.
The Put Option. Upon the termination of Executive’s employment with the Company Parties (other than by the Company Parties for Cause or resignation by Executive without Good Reason), the Unvested Securities (whether held by Executive or by one or more of Executive’s Transferees) will be subject to repurchase by the LLC (or one or more of its assignees at the election of the LLC) at the option of Executive (or a legal representative of Executive or Executive’s estate in the event of termination by reason of Disability or death) pursuant to the terms and conditions set forth in this Section 3 (the “Put Option”).
The Put Option. (a) The Purchaser hereby sells and grants to the Sellers, and the Sellers hereby purchase and acquire from the Purchaser, the option and right (the “Put Option”) to sell, assign, transfer and convey to the Purchaser all of the Acquired Assets, and to require the Purchaser to assume from the Sellers all of the Assumed Liabilities, in each case subject to and in accordance with the terms and conditions of this Agreement (such sale, assignment, transfer and conveyance of Acquired Assets and assumption of Assumed Liabilities, the “Purchase and Sale”).
The Put Option. 11.1.1 In consideration of HTH Limited entering into this Agreement, the Council grants the Put Option to HTH Limited.
The Put Option. Aeroinvest hereby grants to ADPM an option to require Aeroinvest to purchase all of the Shares owned by ADPM on the terms of this Clause 7.5 (the “Put Option”).
The Put Option. In consideration of ADP agreeing to enter into this Amendment, each of AEROINVEST, CICASA and COINSA (collectively the "Put Option Obligors") hereby grants to ADP an option to require any one or more of the Put Option Obligors, all of which shall be jointly and severally obligated, to purchase in one or more transactions (i) all of the Shares owned by ADP in excess of 10% of the outstanding capital stock of SETA (the "Unrestricted Put Option Shares"), (ii) following the expiration of the 15 Year Waiting Period set forth in Section 2.4.1 of the Participation Agreement or before, if the 51% minimum shareholding participation requirement for the Key Partners and the 10% minimum shareholding participation requirement for the Operating Partner are removed, waived by the SCT or otherwise no longer applicable, all of the Shares owned by ADP representing the remaining 10% of the outstanding capital stock of SETA (the "Restricted Put Option Shares"), and (iii) all or a portion of the then outstanding loans granted, and contributions for future capital increases made, by ADP to the Strategic Partner (the "ADP Put Option Shareholder Loans"), on the terms of this Clause 7.5 (each a "Put Option")(provided that the Put Option Obligors may allocate among themselves, at their sole discretion, the number of Unrestricted Put Option Shares, Restricted Put Option Shares and ADP Put Option Shareholder Loans to be purchased by each Put Option Obligor).
The Put Option. (a) Subject to the terms and conditions set forth in Article 6 hereof, PEP shall have the option to satisfy the Allowed Sub Debt Claim in full by transferring to MAI title to the “Project Assets.” As used herein, “
The Put Option. The Put Option and exercise period Under the terms of the Agreement, the Company has granted to AIB the right to require the Company to purchase from AIB the AIB-Held Shares. The Put Option is exercisable by AIB in two tranches:
The Put Option. The Company and the Shareholders -------------- do hereby agree that on September 1, 1998 (the "Option Date"), each Shareholder, subject to the terms and conditions hereinafter set forth, shall have the right, but not the obligation, to require the Company to purchase, in whole or in part, his Option Shares (the "Put Option") at the purchase price set forth below herein (the Option Shares to be so purchased by the Company being referred to herein as "Put Shares").
