Initial Put Period definition

Initial Put Period means, with respect to any Employee, the 12 month period following termination of such Employee’s employment with the Company without Cause or for Good Reason. Notwithstanding any other term hereof, the maximum aggregate amount paid pursuant to this provision to any Employee shall not exceed such Employee’s pro rata share of $37.5 million (based on the ratio of (i) the number of Rollover Shares owned by such Employee at the Effective Time (including such Employee’s allocable portion of Rollover Shares owned in any entity that would be a permitted transferee under the first sentence of the definition of Permitted Transfer in the Voting Agreement) over (ii) the aggregate number of Rollover Shares at the Effective Time).
Initial Put Period. See Section 1.1

Examples of Initial Put Period in a sentence

  • The purchase price to be paid by the Company for --------- each Putable Share with respect to any Put Option (the "Put Exercise Price") shall be (a) with respect to a Put Exercise during the Initial Put Period, $14.71, and (b) with respect to a Put Exercise during the Second Put Period, $12.74.

  • Any Put Exercise made during the ---------------------------- Initial Put Period must be made with respect to all, and not less than all, of the Putable Shares then held by the Investor and any Permitted Transferees.


More Definitions of Initial Put Period

Initial Put Period shall have the meaning set forth in Section 5.1.1.

Related to Initial Put Period

  • Put Period shall have the meaning set forth in Section 5(a) hereof.

  • Shelf Period has the meaning set forth in Section 2.02(b).

  • Blackout Period shall have the meaning set forth in Section 3(n).

  • Shelf Suspension Period See Section 3(a) hereof.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Look-back Period means, with respect to any Employment Violation by Grantee, the period beginning on the date which is 12 months prior to the date of such Employment Violation by Grantee and ending on the date of computation of the Recapture Amount with respect to such Employment Violation.

  • Registration Period shall have the meaning specified in Section 5(C), below.

  • Run-out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • Shelf Effectiveness Deadline As defined in Section 4(a) hereof.

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Issuance Period is defined in Section 2.2(b).

  • Applicable Period See Section 2(b) hereof.

  • Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • Black-Out Period means any “black-out” or similar period under the Corporation’s policies covering trading in the Corporation’s securities to which the applicable Redeeming Member is subject (or will be subject at such time as it owns Class A Common Stock), which period restricts the ability of such Redeeming Member to immediately resell shares of Class A Common Stock to be delivered to such Redeeming Member in connection with a Share Settlement.

  • Exchange Offer Registration Period means the one-year period following the consummation of the Registered Exchange Offer, exclusive of any period during which any stop order shall be in effect suspending the effectiveness of the Exchange Offer Registration Statement.

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first mailed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period will be specified in the Notice.

  • Underwritten Shelf Take-Down Notice has the meaning set forth in Section 2.02(e).

  • Payback Period means the reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or through an affiliate, shall have the right to directly perform, provide and be compensated for any services under this Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties.

  • Cover Period means the period from the cover start date to the cover end date.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Initial Effectiveness Deadline means the date which is (i) in the event that the Initial Registration Statement is not subject to a full review by the SEC, sixty (60) calendar days after the Closing Date or (ii) in the event that the Initial Registration Statement is subject to a full review by the SEC, ninety (90) calendar days after the Closing Date.

  • Underwritten Shelf Takedown shall have the meaning given in subsection 2.3.3.

  • Shelf Registration Event Date shall have the meaning set forth in Section 2(b) hereof.

  • Shelf Registration Period has the meaning set forth in Section 3(b) hereof.