Put and Call Option. 9.1. We may require you to transfer your rights in this Agreement to us (or our nominee) by us giving you 20 Working Days’ notice if:
Put and Call Option. 6.1 In the event that the Board passes a resolution on a matter that is not a Reserved Matter, and no Alfa Directors have voted in favour of such resolution (including, without limitation, because the Alfa Directors voted against such resolution, abstained from voting, or were not present at the relevant Board meeting) then Alfa shall have the option to require Cukurova to purchase all of Alfa’s CTH Shares for an amount equal to the Option Price multiplied by the number of CTH Shares held by Alfa at the time.
Put and Call Option. (a) Commencing upon the termination of Xxxxxxxxxx’x employment with the Company for any reason and ending on the fifth anniversary of such termination (the “Cut-Off Date”), the Sellers shall have the right and option at any time and from time to time to sell to Purchasers some or all of the Shares, other than the Option Shares, held by Sellers at the date of termination of Xxxxxxxxxx’x employment (the “Covered Shares”) upon not less than fifteen (15) days’ prior written notice to Purchasers (the “Put Exercise Notice”). The Put Exercise Notice shall state the number of Covered Shares to be sold to Purchasers (the “Post-Termination Put Shares”). Upon delivery of the Put Exercise Notice, the Sellers shall be obligated to sell the Post-Termination Put Shares to the Purchasers, and each Purchaser shall be obligated to purchase one-third of the Post-Termination Put Shares from Sellers. The purchase price for the Put Shares shall be the Purchase Price, determined as of the date the Put Exercise Notice is delivered to Sellers or such other date that may be agreed between the Sellers and at least two of the Purchasers. The closing of the purchase and sale of the Post-Termination Put Shares shall be within twenty (20) days of delivery of the Put-Exercise Notice.
Put and Call Option a) Alcoa hereby grants to Ma'aden an option (the "Put Option") to require Alcoa to purchase from Ma'aden (i) such number of Shares as at the relevant time constitutes 14.9% of the total issued Shares of each of the Companies; and (ii) 14.9% of the total aggregate Shareholder Loans provided to each of the Companies (the "Option Interests"), on the terms set out in this Clause 17. Ma'aden hereby grants to Alcoa an option (the "Call Option") to require Ma'aden to sell to Alcoa all of the Option Interests on the terms set out in this Clause 17.
Put and Call Option. (OFFERS ONLY) If you wish to participate in the scheme by way of a share offer this document must be completed and returned together with the acceptance form and the security agreement. THIS AGREEMENT is made the day of 199[ ] between ("the Beneficiary") AND [ ], trustees of the MIH Limited Share Trust ("the Trustees") pursuant to which and in consideration of the mutual covenants contained herein the Beneficiary and the Trustees agree that:
Put and Call Option. 2.1 In consideration of the undertakings and agreements contained in this agreement, Telemonde and the Capacity Buyer have agreed to grant each other the Options.
Put and Call Option. This Appendix 1.3 describes the terms by which the Buyer and Seller may purchase or sell, as applicable, the Retained Interest during the Option Period (defined below) pursuant to the Amended and Restated Operating Agreement. Although subsections (a), (b), (c), and (d) of this Appendix 1.3 are intended to describe verbatim the corresponding sections in Article 8 of the Amended and Restated Operating Agreement (except for section references), in the event of any inconsistency in or variance between the description in this Appendix 1.3 and the Amended and Restated Operating Agreement, the terms of the Amended and Restated Operating Agreement shall control over, and supersede, the description of such terms in this Appendix 1.3, it being understood by the Parties that, notwithstanding anything to the contrary in this Appendix 1.3, the rights, duties, obligations, liabilities, and remedies of the Parties with respect to the Call Option and the Put Option are solely and exclusively those set forth in the Amended and Restated Operating Agreement.
Put and Call Option. 2.6.1. Within the sixty-day period following the filing by SCC of its Annual Report on Form 10-K for the calendar year ended December 31, 2010 (the "Put-Call Period") Xx. Xxxxxxxx shall have the option to require SCC to purchase (the "Put,") and SCC shall have the option to require Xx. Xxxxxxxx to sell (the "Call,") Xx. Xxxxxxxx'x remaining 8.33% member's interest in RHB LLC for a total price equal to 8.33% of the product of six times the simple average of the annual EBITDA of RHB LLC for the calendar years 2008, 2009 and 2010.
Put and Call Option. If either State Street or DST desires to terminate this Agreement and the related arrangement for ownership of Boston Financial it shall have the following option:
Put and Call Option. 5.1 In consideration of the payment of (pound)1 by the Purchaser to BUK, receipt of which is hereby acknowledged by BUK, BUK hereby grants to the Purchaser an option to require BUK to sell the Assets and the Business for the Asset Consideration and on the terms and conditions of this Agreement (the "Call Option").
