Examples of Put Option Event in a sentence

The Put Option must be exercised within 15 Business Days after the Issuer has given notice to the Bond Trustee and the Bondholders that a Put Option Event has occurred pursuant to Clause12.3 ( Put Option Event).
The Issuer may purchase and hold Bonds and such Bonds may be retained, sold or cancelled in the Issuer’s sole discretion (including with respect to Bonds purchased pursuant to Clause10.3 (Mandatory repurchase due to a Put Option Event)).
The Issuer shall inform the Bond Trustee in writing as soon as possible after becoming aware that a Put Option Event has occurred.
Upon the occurrence of a Put Option Event, each Bondholder will have the right (the “ Put Option”) to require that the Issuer purchases all or some of the Bonds held by that Bondholder at a price equal to 101.00 per cent.

More Definitions of Put Option Event

Put Option Event means the earliest to occur of the following events: (i) the Final Maturity Date (as defined in the Financing Agreement) or any date thereafter and (ii) the date upon which a Change in Control occurs.

Put Option Event means if:

Put Option Event has the meaning given in Section 3.9(d).

Put Option Event means the occurrence of any of the following events, with the effective date of the consummation of the Put Transferee’s acquisition of all of the Class A Membership Interests based on the occurrence of such event being the date specified below as the “Put Effective Date” for such event: [***]

Put Option Event means the occurrence of an event or series of events whereby one or more persons, not being the Majority Shareholder (or an Affiliate thereof), and/or the Minority Shareholder (or an Affiliate thereof), acting in concert, acquire control, directly or indirectly, over more than 50 per cent of the voting shares of the Issuer, or the right to, directly or indirectly, appoint or remove the whole or a majority of the directors of the board of directors of the Issuer.