Put Notification definition

Put Notification means a written notice from the corporation to the holders of the shares of Common Stock that constitute Callable/Puttable Shares of (i) the rights of such holder to cause the corporation to redeem shares of Common Stock during the Put Period, (ii) the date of the commencement and termination of the Put Period, (iii) the Put Price, (iv) the identity and address of the Depositary and (v) instructions as to how to exercise the Put. The Put Notification shall, in all respects, comply with the requirements of the Securities Exchange Act.
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Put Notification has the meaning set forth in Section 5.2 hereof.
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Put Notification means a written notice from the corporation to the holders of the Common Stock that constitute Callable/Puttable Shares of (i) the rights of such holder to cause the corporation to redeem shares of Common Stock during the Put Period, (ii) the date of the commencement and termination of the Put Period, (iii) the Put Price, (iv) the identity and address of the Depositary and (v) instructions as to how to exercise the Put. The Put Notification shall, in all respects, comply with the requirements of the Securities Exchange Act.
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Examples of Put Notification in a sentence

  • A notice similar to the Put Notification shall be given by the corporation by publication in the Wall Street Journal at least ten and no more than thirty days prior to the beginning of the Put Period or, in the event of an acceleration of the Put, in accordance with the terms of Section C.7 of this Article IV, as soon as practicable following the date of the occurrence of the Insolvency Event giving rise to such acceleration (but in no event later than the tenth day following such date).

  • The Put Notification shall comply in all respects with applicable provisions of the Securities Exchange Act as in effect at the time the Put Notification is given.

  • To facilitate the giving of the Put Notification to the holders of Common Stock, the Board of Directors may fix a record date for determination of holders of Common Stock entitled to be given the Put Notification, which record date may not be more than five days prior to the date the Put Notification is given pursuant to this paragraph (b).

  • The Company shall provide written notice to the Purchaser of its election to exercise a Put Right, which notice shall specify: (a) the date of notice of exercise of the Put Right (the "Put Notification Date"); and (b) the date on which the Purchaser shall purchase the Put Shares (as defined below) from the Company (the "Put Date").

  • Any Put Notification shall be effective only upon receipt by Purchaser (which may be by facsimile to a facsimile number specified in writing by the Purchaser, with telephonic notice).

  • Such written notice shall be given by the Company within two (2) business days after the Put Notification Date.

  • Tenor (Days) Redemption Date Redemption Premium/Discount Coupon Payment Frequency Coupon Type Issue Price Discount at which security is issued and the effective yield as a result of such discount Default Interest Rate 2% p.a. over the coupon rate will be payable by the Company for the defaulting period Put Option Date Not Applicable Put Option Price Not Applicable Call Option Date Call Option Price Put Notification Time Call Notification Time Face Value Minimum Application Issue Timing 1.

  • The "Put Price Per Share" shall be defined as the lesser of (a) the arithmetic average of the closing sales prices of the Common Stock of the Company as reported by The Nasdaq National Market for the twenty (20) consecutive days on which the Common Stock is traded prior to and including the Put Notification Date, or (b) $7.00.