Examples of Call Option Exercise Date in a sentence
In the event the Paying Agent fails to distribute the payment of the Call Option on Series A Bond on Call Option Exercise Date, the Paying Agent is fully responsible to the Issuer to ensure that the payment to exercise of the Call Option on Series A Bond is redeemed by the Paying Agent.
The Issuer must deposit monies to the Paying Agent corresponding to the nominal sum required to exercise the Call Option, which must be in good funds, no later than 1 Business Day before the Call Option Exercise Date.
If the Call Option Exercise Date is not a Business Day, the payment for the Call Option on Series A Bond must be done on the following Business Day without the Issuer being subject to a late payment Penalty on of the Call Option on Series A Bond.
The payment of all or part of the Series A Bond through the Call Option by the Issuer to the Paying Agent on the Call Option Exercise Date is considered as redemption and/or repayment by the Issuer to the Series A Bondholders for the Principal Amount of the Series A Bond after the funds are received by Series A Bondholders via KSEI Account Holders, with due consideration to the Trustee Agreement.
The purchase of any Units to be acquired pursuant to this Section 11.9 shall be made within 30 days of the Call Option Exercise Date (the “Call Option Closing Date”).
No later than 1 Business Day after the Call Option Exercise Date, the Paying Agent will notify the Series A Bondholders through Account Holder, Issuer, and Trustee regarding the exercise of the Call Option on Series A Bond, including in the event the Call Option is cannot feasibly exercised due to Issuer's inability or delay in providing good funds.
Within 15 days of the Call Option Exercise Date, Vivakor shall provide the Members with written notice of its election to exercise the Call Option.
All Series A Bond deposited at the KSEI are frozen so that Series A Bond cannot be transferred at least 3 Business Days before the Call Option Exercise Date.
If the Issuer decides to exercise the Call Option on Series A Bond, the Series A Bondholders entitled to receive payment from the Call Option are those whose names are recorded in the Account Holder Register issued by the Indonesia Central Securities Depository ( Kustodian Sentral Efek Indonesia, “KSEI”) at least 3 Business Days before the Call Option Exercise Date, unless otherwise stated by the KSEI in accordance with applicable provisions of the KSEI.
For the avoidance of doubt, if the Cayman 7 Call Option Exercise Date of the Relevant Cayman 7 Call Option has been amended in accordance with Clause 3.1.5, such that it falls on the same date as the Cayman 7 Call Option Exercise Date of any other Cayman 7 Call Option(s), then the exercise of such other Cayman 7 Call Option(s) shall not be subject to such Antitrust Approval being received.