Call Option Exercise Notice Sample Clauses
A Call Option Exercise Notice clause defines the procedure by which a party entitled to exercise a call option must formally notify the other party of its intention to do so. Typically, this clause outlines the required method of delivering notice, the information that must be included (such as the number of shares or assets to be purchased), and any deadlines or timeframes for providing such notice. Its core practical function is to ensure that the process for exercising a call option is clear, timely, and enforceable, thereby reducing the risk of disputes or misunderstandings between the parties.
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Call Option Exercise Notice. In order to exercise the Call Option, Team shall send by written notice at any time prior to 5:00 p.m., Houston time, to the Class B Stockholder Representative the Exercise Notice.
Call Option Exercise Notice. The Option may be exercised by the Purchaser at any time during the Option Period, on each occasion by sending a written exercise notice in the form set out in Annex 1 hereto to the Holder (the “Exercise Notice”) specifying:
(a) that it wishes to exercise the Option hereunder;
(b) the proposed settlement date (which shall be not less than 7 Business Days and not later than 14 Business Days from the date of delivery of the notice (such date, the “Settlement Date”);
(c) the Call Exercise Percentage of the Option Interests in respect of which it wishes to exercise the Option under that Exercise Notice, and shall specify the aggregate Call Exercise Percentage exercised overall under this Agreement (taking into account the Call Exercise Percentage in such and any previous Exercise Notice); and
(d) the entity to which the Exercised Option Interests shall be delivered, assigned or transferred (whether the Purchaser itself or its designee), provided that unless the Purchaser provides written notice to the Holder within 3 Business Days of receipt of such Exercise Notice, specifying an alternate designee, the recipient shall be the Purchaser itself.
Call Option Exercise Notice. In order to exercise the Call Option, Pubco shall send by written notice during the Option Period a completed irrevocable exercise notice in the applicable form attached hereto as Exhibit A to the Stockholders (the “Call Option Exercise Notice”) specifying the number of Interests to be purchased by Pubco pursuant to such exercise of the Call Option (such interests, the “Called Interests”).
Call Option Exercise Notice. In order to exercise the Call Option, Team shall send by written notice at any time prior to 5:00 p.m., Houston time, to the Class B Stockholder Representative the Exercise Notice. The Class B Stockholder Representative shall deliver to Team prior to August 10, 2015, a schedule setting forth the Class B Stockholders and the cash, stock and/or combination payouts selected by each Class B Stockholder (the “Class B Stockholder Schedule”). In the event that any Class B Stockholder does not elect the manner to receive his or her pro rata portion of the Settlement Amount on the Class B Stockholder Schedule, then such Class B Stockholder shall be deemed to have elected to be paid his or her pro rata portion of the Settlement Amount under Section 2.1(a)(ii).
Call Option Exercise Notice. In order to exercise any of the Call Options, WEBXU shall send at any time prior to 5:00 p.m., Pacific time, on the last Business Day of the Call Period to Evolved Technology an executed copy of the applicable Exercise Notice.
Call Option Exercise Notice. In order to exercise the Call Option, the Purchaser provides written notice to Seller of its intent to exercise the Call Option and the number of Company Shares which the Purchaser desires to acquire pursuant to the Call Option, at any time prior to January 1, 2022 (“Call Option Termination Date”). The Call Option need not be exercised all at once and may be exercised from time to time, so long as not more than the Call Option Shares are acquired, and provided such rights to exercise the Call Option expires on the Call Option Termination Date.
Call Option Exercise Notice. We refer to the option agreement dated 20 May 2024 between Jefferies and the Company (the Option Agreement) and the letter from the Company to Jefferies given pursuant to clause 9.1 of the Option Agreement. Terms used in this notice shall have the meanings given in the Option Agreement, unless the context otherwise requires. We have informed you that the Tender Conditions set out in paragraph 2.1 of Part V of the Circular have been satisfied (or waived, where applicable) and that the Company has complied with its obligations and is not in breach of any of the Company Warranties (by reference to the facts and circumstances existing at this time). Following the expiry of the Put Option Period, we hereby exercise the Call Option in respect of all of the Tendered Shares. Yours faithfully ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Company Secretary For and on behalf of Schedule 3 Clause 9.1 Letter From: PureTech Health plc C/O TMF Group 13th Floor One Angel Court London EC2R 7HJ To: ▇▇▇▇▇▇▇▇▇ International Limited 100 Bishopsgate London EC2N 4JL Attention: IB Legal
Call Option Exercise Notice. 2.2.1 The Call Option may be exercised by [*] by written notice to Alternus (the Call Option Exercise Notice).