Common use of Lapse of First Call Option Clause in Contracts

Lapse of First Call Option. At the end of the First Call Exercise Period, any Covered Securities that are set forth opposite a Buyer's name on Exhibit C under the heading "Upon Exercise of the First Call Option" and that are not included in the First Call Election Notice shall no longer be subject to the First Call Option.

Appears in 3 contracts

Samples: Purchase Agreement (Austin Josiah T), Purchase Agreement (Goodrich Petroleum Corp), Purchase Agreement (Goodrich Petroleum Corp)

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Lapse of First Call Option. At the end of the First Call Exercise Period, any Covered Securities that are set forth opposite a Buyer's ’s name on Exhibit C under the heading "Upon Exercise of the First Call Option" and that are not included in the First Call Election Notice shall no longer be subject to the First Call Option.

Appears in 1 contract

Samples: Purchase Agreement (Hambrecht & Quist California)

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