Call Rights definition

Call Rights. As defined in Section 9.01(f).

Call Rights means collectively the Liquidation Call Right, the Redemption Call Right and the Retraction Call Right.

Call Rights means the rights to purchase in whole or in part at the Call Price the Certificates, and thereby cause an Optional Call of the Certificates on any Call Date pursuant to the Optional Call provisions of Section 7 hereof.

Examples of Call Rights in a sentence

• The Certificateholders, by their acceptance of the Certificates, covenant and agree to tender any and all Certificates to the Warrant Agent upon the holder's exercise of Call Rights and deposit of the Call Price with the Escrow Agent for such Certificates in accordance with the applicable procedures in the Warrant Agreement.

• Simultaneously with the execution hereof, the Depositor hereby directs the Trustee, in the name of and on behalf of the Trust, to enter into a Warrant Agreement and any related Warrant Certificates (as defined in the Warrant Agreement) evidencing the Call Rights and to make representations contained therein on behalf of the Trust.

• The Trust may not issue or sell any certificates or other obligations other than the Certificates and the Call Rights or otherwise incur, assume or guarantee any indebtedness for money borrowed.

• The Trust may not engage in any business or activities other than in connection with, or relating to, the holding, protecting and preserving of the Deposited Assets and the issuance of the Certificates and the Call Rights, and other than those required or authorized by the Trust Agreement or incidental and necessary to accomplish such activities.

• Further, subject to the terms, provisions and conditions of the Trust Agreement, the Trust will issue Call Rights, which will be sold in one or more privately negotiated transactions.

More Definitions of Call Rights

Call Rights means the Liquidation Call Right, the Redemption Call Right and the Retraction Call Right, collectively;

Call Rights means the rights to purchase in whole or in part at the Call Price the Underlying Securities pursuant to the Call Warrants.

Call Rights has the meaning given to that term in the Share Provisions;

Call Rights means the rights to purchase in whole or in part at the Redemption Price the Underlying Securities, and thereby cause an Optional Redemption of the Certificates on any Redemption Date pursuant to the Optional Redemption provisions of Section 7 hereof.

Call Rights. Shares shall be subject to call rights by the Company upon the termination of the Senior Manager's employment for any reason prior to a Qualified IPO. The call right will be exercisable by the Company for a period of 210 days following the later of (x) such Senior Manager's termination of employment or (y) in the case of Shares issued upon the exercise of Options, the date of exercise of such Options, and, if the Company does not exercise such rights within the applicable 210 day period, the Investor Members will have the right to call such Shares for a period of 30 days thereafter. The purchase price for Shares will be the lower of cost and Fair Market Value on date of exercise of the call upon a termination of a Senior Manager's employment by the Company for Cause. The purchase price for Shares will be Fair Market Value on date of exercise of the call upon a termination under any other circumstances. The purchase price may be paid in cash or by note payable in installments of up to five years, bearing interest at the prime lending rate in effect as of the date of purchase on substantially the same terms as the call rights applicable to the Class A Units under the Management Members Agreement. Fair Market The Fair Market Value for the Company and Investor Member Value call rights and Option Exercise Put Rights described herein will be determined by the Board in good faith (without any discounts with respect to a termination by the Company without Cause, by the Senior Manager with Good Reason, death or disability, but with a 25% discount to reflect minority interest and illiquidity in the event of a termination by the Company with Cause or by the Senior Manager without Good Reason). If the Senior Manager disagrees with the Boards determination, he or she may require the Company to retain an independent appraiser to determine the fair market value (evaluated based on the discounts in the preceding sentence). The Company will bear the cost of the appraisal unless the appraised value is within 10% of the Board's determination, in which case, the Senior Manager will bear the cost of the appraisal. If a Senior Manager is terminated by the Company without Cause prior to a Change of Control or a Qualified IPO and a Change of Control or a Qualified IPO is consummated by the Company within 180 days following the termination of such Senior Manager, fair market value with respect to such Senior Manager will be recalculated taking into account the Change of Control or...

Call Rights means the rights to purchase in whole or in part at the applicable Call Price the [ ] Underlying Securities pursuant to the Call Warrants.

Call Rights. A Call Option or other right specified in the Trust Agreement.