Examples of Put Window in a sentence
If the Seven-Year Put Right is not exercised by the Investor Member during the Seven-Year Put Window, the Seven-Year Put Right shall then expire and be null and void and of no further force and effect.
For purposes of this Section 14, "Put Window" means, with respect to any fiscal year of the Company, the period commencing on the earlier of (x) the date of delivery to the Registered Holder of the Financial Statements with respect to such fiscal year or (y) ninety (90) days after the end of such fiscal year, and ending ninety (90) days after the date of delivery to the Registered Holder of the Financial Statements with respect to such fiscal year.
To validly exercise the Put Right, the Put Notice must be delivered to the Company during the Put Window and, if Executive does not validly exercise the Put Right during the Put Window, the Put Right shall terminate with respect to all Vested Shares held by Executive.
If the IPO Request Put Right is not exercised by the Investor Member during the IPO Request Put Window, the IPO Request Put Right shall expire and be null and void and of no further force and effect.
At any time during the IPO Request Put Window, the Investor Member may exercise the IPO Request Put Right by delivery of written notice to the Ryman Member (the “IPO Request Put Exercise Notice”) indicating its election to exercise the IPO Request Put Right.
Executive may exercise the Put Right by delivering to the Company, during the Put Window, a written notice (the “Put Notice”) indicating that Executive is exercising the Put Right and specifying the number of Vested Shares as to which the Put Right is being exercised (such shares, the “Put Shares”).
At any time during the Seven-Year Put Window, the Investor Member may exercise the Seven-Year Put Right by delivery of written notice to the Company and to the Ryman Member (the “Seven-Year Put Exercise Notice”) indicating its election to exercise the Seven-Year Put Right (the date of such Seven-Year Exercise Notice, the “Seven-Year Put Exercise Date.”) Any exercise will be irrevocable.
For purposes of this Section 18, "Put Window" means, with respect to any fiscal year of the Company, the period commencing on the earlier of (x) the date of delivery to the Holders of the Financial Statements with respect to such fiscal year or (y) ninety (90) days after the end of such fiscal year, and ending ninety (90) days after the date of delivery to the Holders of the Financial Statements with respect to such fiscal year.
Notwithstanding the foregoing, if the Put Right is not exercised pursuant to Section 8.1(a) during the First Put Window, but is exercised during the Second Put Window, then the NSM Return shall be calculated as per above, except that (i) solely for the purposes of *** Certain confidential portions of this exhibit were omitted by means of redacting a portion of the text.
Section 8 of the Lock-Up Agreement is hereby amended and restated to read as follows: “The term of this Agreement (the “Term”) shall commence on the Effective Date and shall continue until the latest to occur of (a) the expiration of the First Put Window, and (b) the First Release Date.