Put Options definition

Put Options means those options granted to the Asbestos Personal Injury Trust to sell to the Backstop Providers (or such other Persons set forth in the Collar Agreements) the Reserved New OCD Shares at an exercise price of $25.00 per share, which options shall expire three (3) months after the date on which the Reserved New OCD Shares are delivered to the Asbestos Personal Injury Trust, as set forth in greater detail in the Collar Agreements attached hereto as Exhibit J.
Put Options means, collectively, the ESOP Put Option and the Management Put Options.
Put Options means the Group I Put Option and the Group II Put Option.

Examples of Put Options in a sentence

  • At Expiration, Options that are in the money will be automatically closed out at intrinsic value, that is, in the case of Call Options, the amount by which the closing price of the specified FX/CFD exceeds the strike price, and in the case of Put Options, the amount by which the Strike exceeds the closing price of the specified FX/CFD.

  • The Seller shall be responsible for performing all calculations required in connection with the exercise and settlement of the Put Options and the delivery of ADSs as described in this ‎Article 3.

  • Any Put Options not exercised prior to the Close of Business on the Expiration Date shall expire unexercised.

  • The Holder has valid title to the ADSs to be delivered upon exercise of the Number of Put Options under this Put Option Agreement, free and clear of all security interests, claims, liens, equities or other encumbrances.

  • Upon the terms and subject to the conditions of this Put Option Agreement, the Seller agrees to sell to the Purchaser, and the Purchaser agrees to purchase from the Seller, the Number of Put Options in consideration for Purchaser’s agreement to purchase all of the ADSs to be purchased pursuant to the Stock Purchase Agreement.


More Definitions of Put Options

Put Options means either of the options described in Section 6.1 or Section 6.2.
Put Options shall have the meaning set out in Section 4.2(a).
Put Options means the Put Option 1 and the Put Option 2.
Put Options shall have the meanings set forth in Section 2.02.
Put Options shall have the meaning specified in Section 3.1(a) hereof.
Put Options has the meaning ascribed to it in Section 14.1;
Put Options has the meaning assigned to it in Section 2.02 hereof.