COMPLETION OF THE CALL OPTION Sample Clauses
COMPLETION OF THE CALL OPTION. (a) The completion of the purchase of the Call Quotas pursuant to the exercise of the Call Option by each of the Sellers shall take place at the office of the Company on the date specified in the Notice of Exercise of Option (which shall be a date not earlier than ten (10) days from the date of receipt of the Notice of Exercise of Option (“Completion Term”).
(b) each of the Sellers shall pay to the Buyer, within the Completion Term, the Repurchase Price for the Call Quotas, as established in Section 2.7, through an international wire transfer to the Buyer’s bank account timely indicated by the Buyer.
(c) it is the obligation of the Sellers and the Buyer to, within the Completion Term, do, or cause to be done, all acts and measures, and execute or cause to be executed all documentation, especially an Amendment to the Articles of Association of the Company, to effect the assignment and transfer of the Call Quotas to each of the Sellers, as the case may be, and to obtain, or cause to be obtained, all approvals and consents required for the assignment and transfer of the Call Quotas.
COMPLETION OF THE CALL OPTION. 2.1 At the Call Option Completion:
(a) the Rollover Investors and/or their designees and/or their permitted transferees shall deliver to the Trust Investors and Sheikh Ventures Investors transfers in respect of the Called Securities duly completed in favour of the Trust Investors and/or Sheikh Ventures Investors (or as they may direct) together with, as applicable, the certificate(s) for the Called Securities (or an indemnity acceptable to the Trust Investors and/or and Sheikh Ventures Investors in the case of any found to be missing); and
(b) the Trust Investors and/or and Sheikh Ventures Investors shall pay or procure the payment of the Exercise Price in cleared same-day funds by electronic transfer to such account or accounts as are notified to the Trust Investors and/or and Sheikh Ventures Investors by the Rollover Investors and/or their designees and/or their permitted transferees (as applicable) prior to the Call Option Completion. THIS DEED OF ▇▇▇▇▇▇▇▇▇ is made on 20[•] BY: [insert name of new shareholder] of [insert address of new shareholder] (the "Proposed Security Holder"). SUPPLEMENTAL TO a Shareholders' Agreement dated [•] 2022 and made between, inter alios, (1) the Company, (2) THCP and (3) the Rollover Investors (each as defined therein) as from time to time amended, varied, novated, supplemented or adhered to (the "Shareholders' Agreement") and in favour of (a) the original parties to the Shareholders' Agreement and (b) any other person or persons who after the respective dates of the Shareholders' Agreement (and whether or not prior to or after the date of this Deed) adheres to the Shareholders' Agreement (together the "Continuing Parties").