Retraction Call Right Sample Clauses

Retraction Call Right. Upon receipt by Exchangeco of a Retraction Request, Exchangeco shall immediately notify Parent in writing thereof (a “Retraction Call Notice”) and shall provide to Parent a copy of the Retraction Request. Upon receipt by Parent of a Retraction Call Notice, Parent shall have the right (the “Retraction Call Right”), notwithstanding Article 7 of the Class B Share Provisions, to purchase from each such Class B Shareholder that has delivered a Retraction Request on the Retraction Date all but not less than all of the Class B Shares that are subject to the Retraction Request held by such holder on payment by Parent to each such Class B Shareholder an amount per Class B Share (the “Retraction Call Purchase Price”) equal to the Class B Share Consideration on the last Business Day prior to the Retraction Date.
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Retraction Call Right. (a) The parties hereto hereby acknowledge the rights and obligations in respect of the Exchangeable Shares contained in Section 6(b) of the Exchangeable Share Provisions. (b) If neither Parent nor Callco notifies the Transfer Agent and the Company in accordance with Section 6(b) of the Exchangeable Share Provisions of its intention to exercise the Retraction Call Right in the manner and timing described therein, each holder of Exchangeable Shares will, at the holder’s discretion, be entitled to demand (by way of notice given to the Company or Parent) that Parent exercise (or cause Callco to exercise) the Retraction Call Right in respect of the shares covered by the notice.
Retraction Call Right. (i) In the event that a holder of Exchangeable Shares delivers a Retraction Request pursuant to Section 5(a), and subject to the limitations set forth in Section 5(a)(ii), the Parent shall have the overriding right (the “Retraction Call Right”), notwithstanding the proposed redemption of the Exchangeable Shares by the Company pursuant to Section 5(a), to purchase from such holder on the Retraction Date all but not less than all of the Retracted Shares held by such holder on payment by the Parent of an amount per share equal to the Exchangeable Share Price applicable on the last Business Day prior to the Retraction Date (the “Retraction Call Right Purchase Price”), which price shall be satisfied in full by the Parent delivering or causing to be delivered to such holder the Exchangeable Share Consideration representing the Retraction Call Right Purchase Price. Upon the exercise of the Retraction Call Right in respect of Retracted Shares, the holder of such shares shall be obligated to sell all of such Retracted Shares to the Parent on the Retraction Date on payment by the Parent of the total Retraction Call Right Purchase Price in respect of such Retracted Shares as set forth in this Section 5(b)(i). (ii) Upon receipt by the Company of a Retraction Request, the Company shall immediately notify the Parent thereof and shall provide the Parent with a copy of the Retraction Request. In order to exercise its Retraction Call Right, the Parent must notify the Company in writing of its determination to do so (a “Retraction Call Notice”) within five (5) Business Days after the Company notifies the Parent of the Retraction Request. If the Parent does not notify the Company within such five (5) Business Day period, the Company shall notify the holder as soon as possible thereafter that the Parent will not exercise the Retraction Call Right. If the Parent delivers a Retraction Call Notice within such five (5) Business Day period and duly exercises its Retraction Call Right in accordance with this Section 5(b)(ii), the obligation of the Company to redeem the Retracted Shares shall terminate and, provided that the Retraction Request is not revoked by the holder of such Retracted Shares in the manner specified in Section 5(a)(iv), the Parent shall purchase from such holder and such holder shall sell to the Parent on the Retraction Date the Retracted Shares for an amount per share equal to the Retraction Call Right Purchase Price. Provided that the aggregate Retraction Call...
Retraction Call Right. In the event that a holder of Exchangeable Shares delivers a Retraction Request pursuant to Section 6.1 of the Exchangeable Share Provisions and subject to the limitations set forth in Section 5.17, NovaCo shall have the overriding right (a "Retraction Call Right"), notwithstanding the proposed redemption of the Exchangeable Shares by the Corporation pursuant to Section 6.1 of the Exchangeable Share Provisions, to purchase from such holder on the Retraction Date all but not less than all of the Retracted Shares held by such holder on payment by NovaCo of an amount per share equal to (i) the Current Market Price of a share of Parent Common Stock on the last Business Day prior to the Retraction Date, which shall be satisfied in full by NovaCo causing to be delivered to such holder one share of Parent Common Stock for each Exchangeable Share presented and surrendered by the holder, plus (ii) the Dividend Amount, if any (collectively, the "Retraction Call Purchase Price"). In the event of the exercise of a Retraction Call Right, a holder of Exchangeable Shares who has delivered a Retraction Request shall be obligated to sell all the Retracted Shares to NovaCo on the Retraction Date on payment by NovaCo of an amount per share equal to the Retraction Call Purchase Price.
Retraction Call Right. OSI or OSI ULC shall have the overriding right, notwithstanding the proposed redemption of Exchangeable Shares by the Corporation pursuant to Article 6 of the Exchangeable Share Provisions, to purchase directly from the holder (other than OSI or any Subsidiary thereof) of Exchangeable Shares all but not less than all of the Retracted Shares in accordance with Section 6.3 of the Exchangeable Share Provisions.
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Retraction Call Right. WCL shall have the overriding right, notwithstanding the proposed redemption of a Holder's Exchangeable Shares by the Corporation pursuant to Article 6 of the Exchangeable Share Provisions, to purchase directly from the Holder all but not less than all of the Retracted Shares in accordance with Section 6(c) of the Exchangeable Share Provisions.
Retraction Call Right. The Exchangeable Shareholder hereby grants to CallCo the Retraction Call Right on the terms and subject to the conditions set forth in Article 6 of the Exchangeable Shares Provisions.
Retraction Call Right. Upon receipt by Exchangeco of a Retraction Request, Exchangeco shall immediately notify CRC in writing thereof (a “Retraction Call Notice”) and shall provide to CRC a copy of the Retraction Request. Upon receipt by CRC of a Retraction 26045585.4 Call Notice, CRC shall have the right (the “Retraction Call Right”), notwithstanding
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