THE SECOND CALL OPTION. 4.1 In consideration of the payment of ten pounds (£10) by the Guarantor to the Sponsor and for other good and valuable consideration (the receipt and adequacy of which the Sponsor hereby acknowledges), the Sponsor hereby grants the Guarantor the option to require the Sponsor to sell and transfer to the Guarantor the Option Interest in accordance with the provisions of this Agreement on any Second Call Option Date (the “Second Call Option”).
Appears in 6 contracts
Samples: Secondary Put and Call Agreement (Danaos Corp), Secondary Put and Call Agreement (Danaos Corp), Secondary Put and Call Agreement (Danaos Corp)
