Call. At any time after the Final Expiration Date and before the ninety-first day following the Final Expiration Date, Presidio shall have the option (the "Call Option") to purchase 50% (but not less than 50%) of the Units in each Partnership acquired pursuant to the Offers by Olympia and its affiliates for a price determined in accordance with schedule 4.1. The Call Option will be exercisable only by written notice by Presidio to Olympia and AREH, which notice must be given, if at all, prior to the expiration of such option.
Appears in 5 contracts
Samples: Agreement (American Real Estate Holdings L P), Agreement (Presidio Capital Corp), Agreement (American Real Estate Holdings L P)
Call. At any time after the Final Expiration Date and before the ninety-ninety- first day following the Final Expiration Date, Presidio shall have the option (the "Call Option") to purchase 50% (but not less than 50%) of the Units in each Partnership acquired pursuant to the Offers by Olympia and its affiliates for a price determined in accordance with schedule 4.1. The Call Option will be exercisable only by written notice by Presidio to Olympia and AREH, which notice must be given, if at all, prior to the expiration of such option.. 4.2
Appears in 1 contract
