Examples of Optionholder in a sentence
In consideration for the payment of the Call Back Option Fee, (receipt of which is acknowledged by execution of this deed), the Optionholder hereby grants to the Shareholder an irrevocable right to purchase all of the Shares acquired by the Optionholder as a result of all Sales (Call Back Option Shares) for the Call Back Option Exercise Price per Call Back Option Share on the terms and conditions set out in this clause 5 (Call Back Option).
Subject to clause 6.2, the Optionholder may exercise the Put Option by giving to the Shareholder a notice in the form set out in Schedule 3 (Notice of Exercise of Put Option).
The Put Option may be exercised by the Optionholder in respect of the Put Option Shares at any time during the Put Option Exercise Period.
In consideration for the payment of the Put Option Fee, (receipt of which is acknowledged by execution of this deed), the Shareholder hereby grants to the Optionholder an irrevocable right to sell to the Shareholder, and require the Shareholder to purchase, all of the Shares acquired by the Optionholder as a result of all Sales (Put Option Shares) for the Put Option Exercise Price per Put Option Share on the terms and conditions set out in this clause 6 (Put Option).
Upon exercise of the Call Option, the Shareholder must sell and transfer to the Optionholder and the Optionholder must purchase from the Shareholder the Relevant Shares for the Initial Exercise Price on the terms of this deed.