Put Closing definition

Put Closing shall have the meaning set forth in Section 2.3.8.

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Put Closing shall have the meaning set forth in Section 6.6.

Put Closing means one of the closings of a purchase and sale of the Put Shares pursuant to Section 2.3.

Examples of Put Closing in a sentence

• At the Put Closing, the Seller shall sell, transfer, assign and convey to the Buyer, and the Buyer shall purchase, acquire and accept from the Seller, free and clear of all Liens (other than any Permitted Liens), all of the Seller’s right, title and interest in and to the Put Royalty.

• The purchase price to be paid at the Put Closing to the Seller for the sale, transfer, assignment and conveyance of the Seller’s right, title and interest in and to the Put Royalty to the Buyer is $65,000,000 if the Put Percentage is […***…]%, and shall be adjusted downward proportionately to the extent that the Put Percentage is less than […***…]% (the “Put Purchase Price”).

• At the Put Closing, the Buyer shall deliver (or cause to be delivered) payment of the Put Purchase Price to the Seller by wire transfer of immediately available funds to one or more accounts specified by the Seller on Exhibit A.

• At the Put Closing, upon confirmation of the receipt of the Put Purchase Price, each of the Seller and the Buyer shall deliver to the other party a duly executed ▇▇▇▇ of Sale evidencing the sale, transfer, assignment and conveyance of the Put Royalty, substantially in the form attached hereto as Exhibit B.

More Definitions of Put Closing

Put Closing has the meaning specified in Section 6.3(a) hereof. --- -------

Put Closing has the meaning set forth in Section 9.3.

Put Closing is defined in Section 7.7(b).

Put Closing has the meaning provided for in Section 3(c).

Put Closing means the purchase and sale of the Put Shares made at the offices of Company, or at such other place as is mutually agreed upon by the Company and the Participant, on a date that is as soon as reasonably practicable following the Company's receipt of the Put Notice, but, subject to Section 4(b) above, not later than 120 days following the date of the Put Notice. The effective date of any Put Closing shall be the date on which the Company remits the Put Price to the Participant (or his or her legal representative, beneficiary or estate). Any dispute about the payment amount due with respect to any Put Shares shall not affect or change the effective date of any Put Closing under Section 4.

Put Closing means the closing of the Company’s repurchase of this Warrant pursuant to Holder’s exercise of its Put Right, to be held at the principal office of the Company on such date as shall be set forth in Holder’s Put Notice, which date shall be not less than ten (10) days following the date of such Put Notice. Notwithstanding anything in this Warrant to the contrary, (1) upon Holder’s delivery of the Put Notice, but subject to the consummation of the Company’s repurchase of this Warrant at the Put Closing in accordance with the requirements of this Section 1.7, this Warrant shall cease to be exercisable for any Shares, and (2) upon the consummation of the Company’s repurchase of this Warrant at the Put Closing in accordance with the requirements of this Section 1.7, this Warrant shall terminate and be of no further force or effect.

Put Closing shall have the meaning given to such term in Section 4.2(d) hereof.