Class B Call Right definition

Class B 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 Class B Certificateholders on a Call Date some or all of the Class B Certificates for the Class B Call Price.
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Class B Call Right has the meaning set forth in Section 9.12(a).
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Class B Call Right. As defined in the Call Terms.]
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Examples of Class B Call Right in a sentence

  • In the case that the Greystone Member exercises its Class B Call Right, the Company shall promptly thereafter divest itself of the Greystone II Select Business.

  • CPPIB shall have the right to assign to any Person the Excess Class B Call Right solely in connection with a Transfer of a number of shares of Class A Common Stock identical to the number of shares of Class B Common Stock subject to the portion of the Excess Class B Call Right so assigned.

  • If CPPIB desires to exercise the Excess Class B Call Right, it shall notify Ares in writing; provided that such notice may be revocable or conditional or both and CPPIB shall, to the extent applicable, receive representations and warranties from Ares that Ares has good and marketable title to such shares and that such shares will be transferred free and clear of all liens, claims and other encumbrances incurred by Ares, and no other representations and warranties.

  • After the Threshold Date, Holdings' exercise of such Class B Call Right shall be in its sole discretion and in accordance with the applicable provisions of the RSA.