Examples of Put Option Deed in a sentence
The terms of this option are set out in a separate deed, dated 25 June 2019, between the Company, Trafigura and Nyrstar Holdings (the "Put Option Deed").
Ion Tech entered into the subscription agreement dated 16 July 2019 to conditionally subscribe for 111,187,538 shares, and in connection therewith, DTXS International Holdings conditionally granted a put option to Ion Tech to require DTXS International Holdings to purchase all or part of the option shares pursuant to the Put Option Deed.
Under the terms of the Put Option Deed, the Company can put all (but not only a part) of its 2% holding in NN2 to Trafigura at a price equal to EUR 20 million (the "Put Option").
Ion Tech entered into the subscription agreement dated 16 July 2019 to conditionally subscribe for 111,187,538 Shares, and in connection therewith, DTXS International Holdings conditionally granted a put option to Ion Tech to require DTXS International Holdings to purchase all or part of the option shares pursuant to the Put Option Deed.
Comprises 383,473,032 Shares held by DTXS International Holdings and 111,187,538 underlying Shares representing the number of option shares that may be sold by Ion Tech to DTXS International Holdings pursuant to the exercise of the put option or the triggered put option (as the case may be) pursuant to the Put Option Deed.
On 17 July 2019 the Issuer signed a Subscription, Sell-Back and Sell-Back Put Option Deed (the “Deed”) with Altech and the 4N HPA Company, providing the Issuer with the right (option) to acquire up to a 49% of the shares in the 4N HPA Company for up to USD 100 million.
Exercise Period The Put Option may be exercised within the period beginning on the date which falls on the expiry of the six-month period from the Maturity Date and ending on the date which is the first anniversary of the Maturity Date (both dates inclusive), save as otherwise provided in the Put Option Deed (the ‘‘Put Period’’).
At Closing, the Investor, CKHGTH and HoldCo will enter into the Put Option Deed pursuant to which CKHGTH will grant the Default Put Option to the Investor.
The parties to the Put Option Deed will be a Grower and the Manager.Grant of Put OptionIn consideration of the Put Option Fee paid by the Grower to the Manager, the Manager grants to the Grower the option (Put Option) to require the Manager to purchase their Timberlot interests (Put Option Property) in the Project.Exercise of the Put OptionTo exercise the Put Option the Grower must not be in material default under the Project documents.
Any actual cash an investor receives on exercise of the Put Option is exempt from tax under subsection 394-25(3).The exercise of a Put Option will result in the disposal of the Grower’s contractual rights under the Put Option Deed.