Examples of Put Option in a sentence
The Paying Agent with which a Note is so deposited shall deliver a duly completed Put Option Receipt to the depositing Noteholder.
Put Option – The option that gives the buyer the right but not the obligation to sell is called put option.
Put Option: A put option gives the buyer the right to sell specified quantity of the underlying asset at the set strike price on or before expiration date and the seller (writer) of put option however, has the obligation to buy the underlying asset if the buyer of the put option decides to exercise his option to sell.
Pursuant to the TSGL’s Supplementary Agreement, if TSGL’s Vendor and the TSGL’s Guarantors have paid the sum of HK$14,560,000 in relation to the TSGL’s Profit Guarantee, the TSGL’s Put Option shall automatically lapse.
If the Put Option is specified in the relevant Final Terms as being applicable, the Issuer shall, at the option of the holder of any Note redeem such Note on the Optional Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) together with interest (if any) accrued to such date.