Common use of Investor Call Option Clause in Contracts

Investor Call Option. If the Company shall elect not to purchase pursuant to Section 5.1 any or all Management Shares held by a Manager or originally issued to such Manager but held by one or more Permitted Transferees, the Company shall notify the Investors and the Investors may purchase any or all of the remaining Management Shares held by such Persons for the purchase price identified in Section 5.1; provided, that nothing in this Section 5.3 will operate to extend the time within which the Company Call Notice may be delivered pursuant to Section 5.1.4 hereof. The right to purchase such Shares shall be allocated pro rata among the Investors (unless the Investors otherwise agree).

Appears in 2 contracts

Samples: Shareholder Agreements (Burlington Coat Factory Investments Holdings, Inc.), Shareholder Agreement (Burlington Coat Factory Investments Holdings, Inc.)

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Investor Call Option. If the Company shall elect not to purchase (pursuant to Section 5.1 hereof) any or all Management Shares held by a Manager or originally issued to such Manager but held by one or more Permitted Transfereesmembers of such Manager’s Management Call Group, the Company shall notify the Investors and the Investors may purchase any or all of the remaining Management Shares held by such Persons for the purchase price identified in Section 5.15.1 hereof; provided, that nothing in this Section 5.3 will shall operate to extend the time within which the Company Management Call Notice may be delivered pursuant to Section 5.1.4 5.1.2 hereof. The right to purchase such Shares shall will be allocated pro rata among the Investors (unless the Investors otherwise agreeagree otherwise).

Appears in 1 contract

Samples: Stockholders Agreement (Gym-Card, LLC)

Investor Call Option. If the Company shall elect not to purchase pursuant to Section 5.1 any or all Management Shares held by a Manager or originally issued to such Manager but held by one or more Permitted Transferees, the Company shall notify the Investors and the Investors may purchase any or all of the remaining Management Shares held by such Persons for the purchase price identified in Section 5.1; provided, that nothing in this Section 5.3 will operate to extend the time within which the Company Management Call Notice may be delivered pursuant to Section 5.1.4 hereof. The right to purchase such Shares shall be allocated pro rata among the Investors (unless the Investors otherwise agree).

Appears in 1 contract

Samples: Stockholders Agreement (Transcultural Health Develpment, Inc.)

Investor Call Option. If the Company shall elect elects not to purchase (pursuant to Section 5.1 hereof) any or all Purchased Management Shares held by a Manager or originally issued to such Manager but held by one or more Permitted Transfereesmembers of such Manager’s Management Call Group, the Company shall notify the Investors and the Investors may purchase any or all of the remaining Purchased Management Shares held by such Persons for the purchase price identified in Section 5.15.1.1 hereof; provided, that nothing in this Section 5.3 5.4 will operate to extend the time within which the Company Management Call Notice may be delivered pursuant to Section 5.1.4 5.1.2 hereof. The right to purchase such Shares shall be allocated pro rata among the Investors (unless the Investors otherwise agreeagree otherwise).

Appears in 1 contract

Samples: Management Stockholders Agreement (IMS Health Holdings, Inc.)

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Investor Call Option. If the Company shall elect not to purchase (pursuant to Section 5.1 5.1. hereof) any or all Management Shares held by a Manager or originally issued to such Manager but held by one or more Permitted Transfereesmembers of such Manager’s Management Call Group, the Company shall notify the Investors and the Investors may purchase any or all of the remaining Management Shares held by such Persons for the purchase price identified in Section 5.1. hereof; provided, that nothing in this Section 5.3 will 5.3. shall operate to extend the time within which the Company Management Call Notice may be delivered pursuant to Section 5.1.4 5.1.2 hereof. The right to purchase such Shares shall will be allocated pro rata among the Investors (unless the Investors otherwise agreeagree otherwise).

Appears in 1 contract

Samples: Stockholders Agreement (Gymboree Corp)

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