Put CCDs definition
Put CCDs means such number of the Investor CCDs subscribed by the Investor in accordance with the terms of the DSA, as the Investor may specify in a Put Option Notice;
Examples of Put CCDs in a sentence
STL, in its capacity as a controlling Shareholder of the Company, undertakes to take such action, as is necessary to prevent any amendment of the charter documents of the Company / Restated Charter Documents of the Company and/or the taking of any action by the Company, the effect of which would be to restrict or prevent the sale, transfer or disposition of any Put CCDs in accordance with the provisions of this Agreement.
STL shall be responsible for the payment of any and all stamp duties related to: (i) the execution of this Agreement; and (ii) transfer of the Put CCDs, under the terms of this Agreement.
STL may acquire these Put CCDs either by itself or through any other entity nominated by STL.