Termination of Call Option. The option granted to the Subordination Agent pursuant to this Agreement shall terminate upon: (a) the final discharge in full of the "Secured Obligations" under or pursuant to the Financing Agreements relating to each Aircraft, and provided no "Event of Default" pursuant to any Indenture has occurred and is continuing; or (b) the occurrence of "Completion" as defined under the Put Option Agreement relating to the Shares.
Appears in 4 contracts
Samples: Call Option Agreement (Latam Airlines Group S.A.), Call Option Agreement (Latam Airlines Group S.A.), Call Option Agreement (Latam Airlines Group S.A.)
