Deadlock Call Option definition

Deadlock Call Option has the meaning assigned to such term in Section 4.1(b).
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Examples of Deadlock Call Option in a sentence

  • The transfer of FMO's Shares following the exercise of the Call Option shall occur as soon as reasonably possible after the Call Exercise Price has been determined in accordance with Clause 15.1 (Put Option exercise) and this Clause 16 (Deadlock Call Option).

  • Put Option) and (ii) the State may exercise the Call Option in accordance with Clause 16 (Deadlock Call Option), each at their sole discretion.

  • In each case, such representatives shall use their good faith efforts to resolve the Deadlock within 90 days from the date on which such Deadlock is submitted to them and no Person shall be permitted to exercise a Deadlock Put Option or a Deadlock Call Option prior to the expiration of such 90 day period.

  • Such notice (a “Deadlock Call Option Notice”) shall set forth the number of Shares subject to the call, a description of the Deadlock giving rise to the Deadlock Call Option, the proposed date for closing such sale and a description of any consents, approvals or other conditions precedent to such closing known to SHUSA.

  • Following the Deadlock Put Option Closing Date or the Deadlock Call Option Closing Date, as applicable, and assuming compliance with this Section 4.4(d), the Company shall have no further obligation to pay any ▇▇▇▇▇▇ Holdco Adjustment.

  • If Banco Santander elects to become the direct obligor under the Deadlock Put Option or the direct beneficiary under the Deadlock Call Option it shall provide written notice of such election to SHUSA and each Acquirer, which notice shall set forth the effective date of such election (such date, the “Deadlock Substitution Effective Date”).

  • Following the Deadlock Put Option Closing Date or the Deadlock Call Option Closing Date, as applicable, and assuming compliance with this Section 4.4(c), the Company shall have no further obligation to pay any New Acquirer Acquisition Price Adjustment and SHUSA shall have no further obligation to pay any Post-IPO New Acquirer Contingent Adjustment.

Related to Deadlock Call Option

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Call Option Notice has the meaning assigned that term in Section 7.02(b).

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Call Option Date As defined in Section 10.01(a) hereof.