Examples of Call Option Deed in a sentence
KINT had, on 23 November 2016 received a letter from Phillip Ventures Enterprise Fund 3 Ltd and Venstar Investments II Ltd (collectively, the “ PV Investors”) demanding for the sum of S$6,252,908.10 and S$4,168,605.40 respectively, being the option price payable and the interest accrued thereon under a Put and Call Option Deed dated 8 August 2014.
If the conditions have not been satisfied or waived by this date, both SPV and BPEOC have a right to terminate the Magnus Call Option Deed.
When a provision of this deed is inconsistent with a Call Option Deed, this deed shall prevail, and the Call Option Deed, to the extent of the inconsistency, will be invalid.
Each of the Class B Noteholders acknowledges that the Trustee has the authority and the power to bind the Noteholders in accordance with the terms and conditions set out in the Post Enforcement Call Option Deed and each Class B Noteholder, by subscribing for or purchasing Class B Notes, agrees to be so bound.
At the date of this report GBP1,500,000 has been advanced under the Unsecured Convertible Note Deed and no amounts have been advanced to the vendors under the Put and Call Option Deed at their request.