Examples of Call Option in a sentence
Such notice sent by the Issuer is irrevocable and shall specify the Call Option Repayment Date.
Put Option/ Call Option/ Trigger Early Redemption:Not Applicable13.
Option contracts are of two types viz: Call Option - The option that gives the buyer the right but not the obligation to buy specified quantity of the underlying asset at the strike price is a call option.
If the Call Option is specified in the Final Terms or Series Offering Document, as applicable, as being applicable, the Issuer may, by giving irrevocable notice to the Noteholders (in accordance with Condition 13) falling within the Issuer’s Option Period, which shall not be a period shorter than 5 Business Days, redeem, or exercise any Issuer’s option in relation to all or, if so provided, some of such Notes at the Optional Redemption Amount and on the Optional Redemption Date(s) so provided.
The Call Option may be exercised by the Issuer by written notice to the Bond Trustee at least 10 Business Days prior to the proposed Call Option Repayment Date.