Put Provision definition

Put Provision means the right of the holder of Old Notes to require the Issuer to purchase such Old Notes pursuant to Article VII of the indenture issued in connection with the Old Notes.
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Put Provision means the right of Liberty to cause Universal to purchase Non-Liquid Securities described in Section 4.2(f).
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Examples of Put Provision in a sentence

  • This Put Provision may be exercised by the Corporation no earlier than sixty (60) days post closing of the Merger Agreement.

  • Put Provision: Between the third and fourth anniversary after the date of Closing, New Stock holders will have the right to put annually to Charger 100% (and not less than 100%) of their New Stock, including all vested dilutive options and warrants.

  • Cash proceeds from the sale of the Securities shall be used solely to purchase Old Notes pursuant to the Put Provision.

  • This Agreement amends and restates the Prior Agreement in its entirety, except that, notwithstanding the foregoing, Section 2(c)(vi) (Expiration of Put Provision) of the Prior Agreement, remains in effect without regard to this Agreement, and such Section 2(c)(vi) of the Prior Agreement shall hereafter be deemed to be a separate and stand-alone acknowledgement and agreement by Executive and the ▇▇▇▇▇ ▇.