The Call Option. Anytime during the validity of this Warrant, the Company shall have the right, but not the obligation, to repurchase from the Holder up to 100% of the Warrant stock issued upon the exercise of this Warrant at fair market value determined in accordance with section 4.3 below.
The Call Option. Upon the termination of Executive’s employment with the Company Parties, the Executive Securities (whether Vested Securities or Unvested Securities and whether held by Executive or by one or more of Executive’s Transferees) will be subject to repurchase by the LLC (or one or more of its assignees at the election of the LLC) at the option of the LLC pursuant to the terms and conditions set forth in this Section 3 (the “Call Option”).
The Call Option. The Call Option Exercise period
The Call Option. The Call Option lapses if:
(a) it is not validly exercised by the end of the Call Option Period; or
(b) the Optionholder terminates this agreement.
The Call Option. (a) shall be capable of being exercised at any time during the Call Option Period;
(b) shall be exercised by way of the Purchaser giving written notice to that effect to the Seller by delivering to it a signed and dated option exercise notice to that effect.
The Call Option. SECTION 5.01 (a) Grant of the Call Option. ------------------------
The Call Option. In consideration of AEROINVEST agreeing to enter into this Amendment, ADP hereby grants to AEROINVEST an option to require ADP to sell to AEROINVEST (i) all of the Shares owned by ADP in excess of 10% of the outstanding capital stock of SETA (the "Unrestricted Call Option Shares"), (ii) following the expiration of the 15 Year Waiting Period set forth in Section 2.4.1 of the Participation Agreement or before, if the 51% minimum shareholding participation requirement for the Key Partners and the 10% minimum shareholding participation requirement for the Operating Partner are removed, waived by the SCT or otherwise no longer applicable, all of the Shares owned by ADP representing the remaining 10% of the outstanding capital stock of SETA (the "Restricted Call Option Shares"), and (iii) all of the then outstanding loans granted, and contributions for future capital increases made, by ADP to the Strategic Partner (the "ADP Call Option Shareholder Loans"), on the terms of this Clause 7.6 (the "Call Option").
The Call Option. 8.1.1 shall be capable of being exercised at any time during the Option Period; and
8.1.2 shall be exercised by way of the Purchaser giving written notice to that effect to the Grantor substantially in the form attached hereto as Annexure A ("Call Option Notice") (with a copy addressed to the board of directors of the Company), which notice shall specify –
8.1.2.1 the number of Call Option Shares which the Grantor is required to sell ("Affected Call Option Shares"); and
8.1.2.2 the Option Price payable in respect of the Affected Call Option Shares (which shall be determined in accordance with clause 11).
The Call Option. 1.1 In consideration of the above premises, the Grantor hereby grants to the Bank the Call Option which is an unconditional and irrevocable right exercisable at any time within the Call Option Period (as hereinafter defined) by the Bank to purchase from the Grantor all or part of the Option Shares, free from all encumbrances together with all rights and bonuses attaching thereto from the date hereof at the price and on the terms and conditions hereinafter contained.
The Call Option. The Company and the Shareholders --------------- do hereby agree that from the date hereof through the Option Date, the Company, subject to the terms and conditions hereinafter set forth, shall have the right, but not the obligation, to purchase, all of the Option Shares, in whole, or if in part, pro rata among the Shareholders (the "Call Option"), at the purchase price set forth below (the Option Shares to be so purchased by the Company being referred to in this Section 2 as the "Call Shares"). In the event the Put Option is deferred under Section 1(d) above, the Company shall have the Call Option through the Deferred Option Date subject to the terms of this Section 2.
