Common use of Call Price Clause in Contracts

Call Price. The Call Price per Warrant is the sum of (i)(a) $1,000 (corresponding to 40 $25.00 Class A Units) or (b) if such exercise is in connection with a tender offer for Underlying Securities held by the Trust for settlement prior to the First Regular Call Date, $1,060 ($26.50 per Class A Unit), (ii) the applicable Class B Present Value Amount (which will be adjusted for any accrued Class B Payments on the Class B Units payable under (iii)), (iii) accrued and unpaid interest on the applicable Class A Units and accrued and unpaid Class B Payments on the applicable Class B Units being called and (iv) the applicable Expense Administrator Make-Whole Amount.

Call Price. The Call Price per Warrant is the sum of (i)(a) $1,000 (corresponding to 40 $25.00 Class A Units) or (b) if such exercise is in connection with a tender offer for Underlying Securities held by the Trust for settlement prior to the First Regular Call Date, $1,060 ($26.50 per Class A Unit), (ii) the applicable Class B Present Value Amount (which will be adjusted for any accrued Class B Payments on the Class B Units payable under (iii)), (iii) accrued and unpaid interest on the applicable Class A Units and accrued and unpaid Class B Payments on the applicable Class B Units being called and (iv) the applicable Expense Administrator Make-Whole Amount. For the avoidance of doubt, such amounts shall include accruals on deferred amounts.

Call Price. The Call Price per Warrant is the sum of (i)(a) $1,000 (corresponding to 40 $25.00 Class A Units) or (b) if such exercise is in connection with a tender offer for Underlying Securities held by the Trust for settlement prior to the First Regular Call Date, $1,060 ($26.50 per Class A Unit), (ii) the applicable Class B Present Value Amount (which will be adjusted for any accrued Class B Payments on the Class B Units payable under (iii)), (iii) accrued and unpaid interest on the applicable Class A Units and accrued and unpaid Class B Payments on the applicable Class B Units being called through the related Call Date and (iv) the applicable Expense Administrator Make-Whole Amount. For the avoidance of doubt, such amounts shall include accruals on deferred amounts.