Call provision definition
Call provision means a loan contract term that provides the holder of the loan with the right to call the loan due and payable either after a specified period has elapsed following closing or after a specified date.
Call provision means a note contract term that provides the holder of the note with the right to call the note due and payable either after a specified period has elapsed following closing or after a specified date.
Call provision. The Senior Units are callable ("Call Right"), in whole or in part, by the Issuer at any time, or from time to time, by giving 3 business days advance notice. There is no call right with respect to Common Units issued upon conversion of Senior Units.
Examples of Call provision in a sentence
The On Call provision of the Agreement does not apply to employees covered by this Appendix.
Upon receipt by the HOLDER of the Call Notice, HOLDER will have FIVE (5) NASDAQ TRADING DAYS to convert the Securities or be subject to this Call provision.