Put Party definition

Put Party shall have the meaning set forth in the first recital paragraph hereof.
Sample 1
Put Party means Global Marine X.X. Xxxxx Limited;
Sample 1
Put Party means, with respect to a Put Agreement, the party obligated under such Put Agreement to purchase from the applicable Stockholder the securities subject to the Put Option.
Sample 1

Examples of Put Party in a sentence

  • Satisfactory Academic Progress is measured both qualitatively and quantitatively.

  • If Crestview was the Exercising Put Party but Load Line had tagged along, then Load Line could exercise the Exit Sale Right if Crestview declined.

  • Section 8(e) does not say that the Exit Sale cannot proceed, only that the Exercising Put Party may not compel a Member to participate unless the 1.5x multiple is reached for that Member.

  • On the one hand, Section 8(e)(A) uses the words “other Member” suggesting that the Exercising Put Party can require some Members to engage in an Exit Sale depending on whether the 150% return requirement is satisfied.

  • Each Put Party shall be limited to its New Preferred Stock Allocated Amount and there shall be no over subscription right or obligation with respect to the New Preferred Stock.

  • Upon request of the Electing Put Party, the Company shall provide the Third Party Valuation Firm appointed by the Electing Put Party to determine the Put Price with such information related to the Put Shares and the Company as such Third Party Valuation Firm may reasonably request in connection with its determination.

  • Each Put Party will commit to purchase its entire pro-rata allocation of the Rights Offering.

  • The Electing Put Party shall bear the costs of such Third Party Valuation Firm.

  • It shall be a condition to the closing of the purchase of the securities subject to the Put Option that all governmental approvals required to be obtained by applicable law with respect to such purchase shall have been obtained, to the extent the failure to obtain such approvals (x) would prevent Liberty IFE or the Put Party from selling or purchasing, respectively, such securities or (y) would have a material adverse effect on the business, results of operations or financial condition of the Corporation.

  • In order to perform reconciliations, PFPC or its agent shall request from the Fund daily confirmation of all trade activity and share positions for all accounts two times per month and on any day after activity has been posted to the account.


More Definitions of Put Party

Put Party has the meaning given thereto in Clause 12.1;
Sample 1
Put Party shall have the meaning set forth in Section 4.2(a).
Sample 1

Related to Put Party

  • Market Party means any person or entity that is, or for purposes of the determinations to be made pursuant to Section 23.4.5.7 of this Attachment H proposes or plans a project that would be, a buyer or a seller in; or that makes bids or offers to buy or sell in; or that schedules or seeks to schedule Transactions with the ISO in or affecting any of the ISO Administered Markets including through the submission of bids or offers into any External Control Area, or any combination of the foregoing.

  • Innocent Party means, in relation to a breach of an obligation under this contract, the party who is not in breach of that obligation; "Insolvency Event", in relation to either of the parties, has occurred where:

  • Opting-Out Party A defined in Section 6.09(h) of this Agreement.

  • Project Party means each Person (other than the Borrowers) who is a party to a Project Document.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Independent Party means, with respect to a BDC Downstream Fund, (i) if the BDC Downstream Fund has a board of directors (or the equivalent), the board or (ii) if the BDC Downstream Fund does not have a board of directors (or the equivalent), a transaction committee or advisory committee of the BDC Downstream Fund.

  • Indemnitee Agent Party as defined in Section 9.6.

  • Investor Party has the meaning set forth in Section 4.7.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Bankrupt Party has the meaning set forth in Section 14.7.

  • Note Party means the Company and the Guarantors.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Loan Party means the Borrower and each Guarantor.

  • Specified Credit Party means any Credit Party that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 14.11).

  • Performing Party As defined in Section 11.12.

  • Pledgor shall have the meaning assigned to such term in the Preamble hereof.

  • Agent Party has the meaning assigned to such term in Section 9.01(d).

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

  • Respondent Party has the meaning set forth in Section 7.6(b).

  • First Party means [insert name of purchaser];

  • Obligated Person means any person, including the Issuer, who is either generally or through an enterprise, fund, or account of such person committed by contract or other arrangement to support payment of all, or part of the obligations on the Bonds (other than providers of municipal bond insurance, letters of credit, or other liquidity facilities), as shown on Exhibit A.

  • Confirming Party means the party designated in the Base Contract to prepare and forward Transaction Confirmations to the other party.

  • Obligated Party has the meaning assigned to such term in Section 10.02.

  • Designated Party means any person listed:

  • Representing Party A Person that has transferred Mortgage Loans, directly or through one or more intermediaries, to the Trustee pursuant to an agreement for the sale of Mortgage Loans pursuant to which a Representing Party has made representations and warranties with respect to certain Mortgage Loans, and under which the Trustee, its successors and assigns has recourse against such Representing Party for any breach thereunder with respect to such Mortgage Loans.

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.