Put Option Premium definition

Put Option Premium has the meaning set forth in Section 5.1.
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Put Option Premium means the premium payable to the Commitment Parties in consideration of their commitments under the Exit Facility Commitment Letter in the form of New Equity equal to 3% of the principal amount of the Exit Facility, which New Equity shall be valued in accordance with the Plan. For the avoidance of doubt, the Put Option Premium will not dilute the Management Equity Pool granted pursuant to the Management Incentive Plan.
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Put Option Premium has the meaning set forth in Section 3.1.
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Examples of Put Option Premium in a sentence

  • The Delayed Put Option Premium for each Delayed Auction Period will be calculated on the Delayed Auction Date.

  • The Put Option Premium for each Distribution Period will be calculated on the Auction Date.

  • The Put Option Premium Certificate, and any Delayed Put Option Premium Certificate, also shall set forth the Eligible Assets held by the Trust, the Stated Yield on each Eligible Asset, any fees to be incurred or accrued by the Trustee on behalf of the Trust and the computation of the Put Option Premium, or the Delayed Put Option Premium, as the case may be, in each case for the respective Distribution Period and the Delayed Auction Period, respectively, and shall be in the form attached hereto as Annex B.

  • The provisions for the payment of the Put Option Premium, Transaction Expenses (as defined below) and the indemnification provided herein, are an integral part of the transactions contemplated by this Agreement and without these provisions the Investors would not have entered into this Agreement, and the Put Option Premium, Transaction Expenses and the indemnification provided herein shall constitute allowed administrative expense claim of the Debtors’ estates.

  • Notwithstanding the termination by the Company as to any individual Investor, the remaining Investors shall be entitled to their pro rata portion of the Put Option Premium pursuant to the terms of this Agreement.


More Definitions of Put Option Premium

Put Option Premium has the meaning specified in Section 4.1.
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Put Option Premium means, as consideration for the Investors providing the Backstop Commitment, a fully earned non-refundable aggregate premium payable on the Effective Date of the Plan to the Investors in additional shares of New Common Stock equal to 6.0
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Put Option Premium has the meaning given to such term in Section 1.6 hereof.
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Put Option Premium means the put option premium issued by Monitronics, in accordance with the Put Option Agreement, in exchange for the Debtors’ right to (a) sell and cause the Backstop Commitment Parties to purchase the Backstop Commitment Shares in exchange for the Backstop Commitment Parties’ funding their Backstop Commitments and (b) sell and cause the Equity Commitment Parties to purchase the Equity Commitment Shares in exchange for the Equity Commitment Parties’ funding their Equity Commitments, in each case pursuant to
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Put Option Premium has the meaning given to such term in Section 1.3(a).
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Put Option Premium has the meaning specified in the DIP Commitment Letter.
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Put Option Premium means a nonrefundable aggregate fee of $60 million, which represents 10 percent of the Rights Offering Amount, payable to the Backstop Parties in accordance with, and subject to the terms of the
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