Call Right definition

Call Right. The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

Call Right. The Class A Call Right and the Class B Call Right.

Call Right means the Call Right described in Section 9 of this Agreement.

Examples of Call Right in a sentence

• Issuer's Extraordinary Call Right: Upon the occurrence of a Call Event the Issuer may call the Securities extraordinarily by giving notice pursuant to § 6 of the General Conditions and redeem the Securities at their Cancellation Amount.

• In the case of such a call, the Exercise Date, at which the Issuer exercises its Regular Call Right (the "Call Date") is deemed to be the Valuation Date.

• Such notice shall be irrevocable and will specify the relevant Call Date.The Differential Amount will be paid five Banking Days after the Call Date pursuant to the provisions of § 6 of the Special Conditions.(2) Issuer's Extraordinary Call Right: Upon the occurrence of a Call Event the Issuer may call the Securities extraordinarily by giving notice pursuant to § 6 of the General Conditions and redeem the Securities at their Cancellation Amount.

• Upon exercise of the Call Right, the Seller’s Shares being purchased shall be sold, transferred and delivered to the Purchaser free and clear of any claim, pledge, charge, lien, preemptive rights, restrictions on transfers (except as required by securities laws of the United States), proxies, voting agreements and any other encumbrance whatsoever.

• The Call Right shall be exercisable by Purchaser, by delivering a Call Exercise Notice at any time during the period (the “Exercise Period”) commencing on the date hereof and ending at 6:30 p.m. (New York time) on the fifth anniversary date therefrom (such date or the earlier expiration of the Call Right is referred to herein as the “Expiration Date”).

More Definitions of Call Right

Call Right has the meaning set forth in Section 3.05(a).

Call Right has the meaning set forth in Section 4.6(f)(i).

Call Right has the meaning provided in Section 8.06(a) hereof.

Call Right. The right, but not the obligation, pursuant to the Warrant Agreement and any related Warrant Certificates (as defined in the Warrant Agreement) of one or more Call Holders to purchase from the Certificateholders on a Call Date some or all of the Certificates for the Call Price.

Call Right is defined in Section 4.7(f).

Call Right shall have the meaning set forth in Section 7.5.

Call Right means according to the context, the option that the Purchaser has to purchase the Seller’s Shares or the shares of the Ultimate Controller upon conversion, subject to the terms and conditions of this Agreement.