Call Option Agreement Sample Clauses

Call Option Agreement. The Investor hereby acknowledges that the Call Option Agreement constitutes the lawfully effective and binding obligation and may be enforced against the Investor in accordance with the terms and conditions of the Option Agreement, and the Call Option transferred to the Company is free from any encumbrance. Such transfer is not required to obtain the approval of any third party.

Call Option Agreement. As a condition precedent to the issuance by the Company of certificates evidencing the ownership of the Restricted Shares, the Restricted Shareholder must have executed a Call Option Agreement substantially in the form of Exhibit 1 attached hereto and incorporated herein by reference prior to the date of issuance of such certificate. Notwithstanding anything to the contrary, if the Restricted Shareholder has not executed such Call Option Agreement for any reason, any grant of such Restricted Shares will be null and void and of no force or effect, ab initio. In such event, the Company will promptly return to the Restricted Shareholder any purchase price paid by the Restricted Shareholder upon such grant.

Call Option Agreement. During the period from the date of this Agreement until the earlier of the Closing or the termination of this Agreement in accordance with its terms, Sellers shall not amend, supplement, modify or terminate the Call Option Agreement (except pursuant to the assignment agreement referenced in Section 1.4(c)).

Call Option Agreement. Each of the general partners and each of the limited partners of the Company shall have executed and delivered to the Purchaser a call option agreement in the form of Exhibit C hereto.

Call Option Agreement. A true and correct copy of the Call Option Agreement has been made available to Purchaser, together with all amendments, waivers or other changes relating to the Call Option Agreement. As of the date hereof, the Call Option Agreement is valid and binding on MDP VI-C and VI-C Holdco, respectively, and is in full force and effect and enforceable in accordance with its terms, and as of immediately prior to the Closing and after the consummation of the Restructuring Transactions, the Call Option Agreement will be valid and binding on MDP VI-C and VI-C Holdco, respectively, and will be in full force and effect and enforceable in accordance with its terms. MDP VI-C and VI-C Holdco are not in breach of or in default under the Call Option Agreement, each has performed the obligations required to be performed by it under the Call Option Agreement and no event has occurred that, with or without the lapse of time or giving of notice or both, would constitute a default, and no notice alleging such a default has been delivered. The payment of the Call Option Exercise Price in accordance with the Call Option Agreement is the only consideration required for Purchaser to exercise the Call Option and purchase the Company Units subject thereto. After the exercise of the Call Option, the payment of the Call Option Exercise Price and acquisition of the Company Units subject thereto, Purchaser shall have no continuing obligations, debts or liabilities to any Person in relation to the Call Option Agreement. The representations and warranties in this Section 5.8 are made solely by MDP VI-C.

Call Option Agreement. Parent and Ind-Telesoft shall have entered into a call option agreement in substantially the form attached as Exhibit M hereto.

Call Option Agreement. The executed Call Option Agreement in the form attached hereto as Exhibit F.

Call Option Agreement. As a condition precedent to the issuance by the Company of certificates evidencing the ownership of Shares after the exercise of an Option, the Optionee must have executed a Call Option Agreement substantially in the form of Exhibit C attached hereto and incorporated herein by reference prior to the date of issuance of such a certificate upon the first exercise of such Option. Notwithstanding anything to the contrary, if the Optionee has not executed such Call Option Agreement for any reason, any exercise of such Option will be null and void and of no force or effect, ab initio, and the Optionee shall not be entitled to the issuance of Shares pursuant thereto. In such event, the Company will promptly return to the Optionee the Option Price paid by the Optionee upon such exercise.

Call Option Agreement. Prior to or at the Closing, BrewCo shall grant a call option to Heritage's Shareholders ("Call Option") substantially in the form attached as Exhibit C hereto.

Call Option Agreement. The Controlling Shareholder and his Affiliate Qidong City Huahong Electronics Co. Ltd. (CHINESE CHARACTERS) ("HUAHONG") shall have entered into a Call Option Agreement, a form of which is attached hereto as Exhibit K, for the benefit of the Investors, pursuant to which the Investors shall have the right to acquire Huahong's equity interest in Jiangsu Linyang Electronics Co., Ltd. (CHINESE CHARACTERS), a limited liability company organized under the laws of the PRC ("LINYANG ELECTRONICS"), in the event that the Company fails to perform its redemption obligations with respect to the Series A Convertible Preference Shares held by the Investors as set forth in the Articles of Incorporation, and shall have obtained all consents, including without limitation consents by shareholders of Linyang Electronics, and governmental approvals and registration necessary or required for such option agreement. To the extent that the Company's obligation to redeem the Series A Convertible Preference Shares held by the Investors are satisfied through the Investors' exercise of their rights under the Call Option Agreement, the Company shall be relieved of such obligation.