Additional Call Options. (a) Subject to the restrictions contained in Section 3.6 and the provisions of Section 13.1(d)(ii)(A)(2) and (3), Fiat Parent, or a designated Subsidiary of Fiat Parent (the “Fiat Optionee”), shall have the right to exercise the following call options to acquire additional Class A Membership Interests at the Call Option Exercise Price at any time during the Incremental Equity Exercise Period; provided, that the Incremental Equity Call Option may not be exercised, in whole or in part, unless the aggregate principal amount of the Government Loan Exposure then outstanding does not exceed the Government Loan Call Option Hurdle:
Appears in 3 contracts
Samples: LLC Operating Agreement, Operating Agreement (Chrysler Group LLC), Operating LLC Agreement
Additional Call Options. (a) Subject to the restrictions contained in Section 3.6 and the provisions of Section 13.1(d)(ii)(A)(213. 1(d')(ii)(A)(2) and (3'), Fiat Parent, or a designated Subsidiary of Fiat Parent (the “"Fiat Optionee”"), shall have the right to exercise the following call options to acquire additional Class A Membership Interests at the Call Option Exercise Price at any time during the Incremental Equity Exercise Period; provided, that the Incremental Equity Call Option may not be exercised, in whole or in part, unless the aggregate principal amount of the Government Loan Exposure then outstanding does not exceed the Government Loan Call Option Hurdle:
Appears in 1 contract
Samples: Shareholders Agreement