Put Price definition

Put Price has the meaning set forth in Section 8.05(a).
Put Price has the meaning set forth in the Supplemental Indenture.
Put Price is equal to the product of (i) the number of shares of Common Stock underlying the Warrant or the portion thereof being purchased pursuant to this Section 5, and (ii) the difference between the Put Fair Value (as defined below) on the date of the Put Notice (as defined below) and the Exercise Price on the date of the Put Notice; provided that notwithstanding the foregoing, in no event shall the Put Price be less than zero (0). So long as the ESOP is in existence, the "Put Fair Value" shall equal (i) the per share value of the Common Stock as set forth in the September 2009 Appraisal, which such appraisal shall not reflect any discount for any lack of liquidity or absence of control, for the purposes of the Holder's put right under Section 5(a)(i), and (ii) the per share value of the Common Stock as set forth in the September 2010 Appraisal, for the purposes of the Holder's put right under Section 5(a)(ii). As of such date that the ESOP is no longer in existence, the "Put Fair Value" shall equal the Fair Value of the Common Stock. Notwithstanding the foregoing, whether or not the ESOP is in existence, if clauses (a), (b) or (c) of the definition of Current Market Price are applicable to the Common Stock but no Qualified Public Offering has occurred, then the Put Fair Value shall be the Current Market Price of the Common Stock on the date of the Put Notice.

Examples of Put Price in a sentence

  • Promptly after receiving the Put Notice, EGH shall deliver to you a notice setting forth the Put Price to be paid for the Put Equity and the date (which, subject to the last sentence of this Section 5.a, shall not be later than 60 days after receipt of the Put Notice) and place for the closing of the Put Right (the closing of such transaction, the “Put Closing”).

  • Promptly after receiving the Put Notice, the Company shall deliver to the Rollover Investor a notice setting forth the Put Price to be paid for the Put Equity and the date (which, subject to the last sentence of this Section 4.14(a), shall not be later than 180 days after receipt of the Put Notice) and place for the closing of the Put Right (the closing of such transaction, the “Put Closing”).


More Definitions of Put Price

Put Price shall have the meaning specified in Section 7.1(e) hereof.
Put Price shall have the meaning as set forth in Section 2.3(b).
Put Price shall have the meaning specified in SECTION 9.5.
Put Price has the meaning specified in the Officer’s Certificate.
Put Price has the meaning ascribed thereto in Section 4.1(a).
Put Price means in respect of a Bond:
Put Price is defined in Section 8.1.