Call Back Option Shares definition

Call Back Option Shares means all of the Shares acquired by the Optionholder or the Nominee (as applicable) as a result of a Sale, less any Option Shares transferred by the Optionholder or the Nominee (as applicable) as permitted by clause 5.3(b) prior to the date of issue of the Call Back Options Notice.
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Call Back Option Shares has the meaning given in clause 5.1.
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Examples of Call Back Option Shares in a sentence

  • Provided that the Call Back Option has not expired in accordance with clause 5.6, the Call Back Option may be exercised by the Shareholder in respect of the Call Back Option Shares at any time during the Call Back Option Exercise Period.

  • Upon exercise of the Call Back Option, the Optionholder must sell and transfer to the Shareholder and the Shareholder must purchase from the Optionholder the Call Back Option Shares for the Call Back Option Exercise Price per Call Back Option Share on the terms of this deed.

  • In consideration for the payment of the Call Back Option Fee, (receipt of which is acknowledged by execution of this deed), the Optionholder hereby grants to the Shareholder an irrevocable right to purchase all of the Shares acquired by the Optionholder as a result of all Sales (Call Back Option Shares) for the Call Back Option Exercise Price per Call Back Option Share on the terms and conditions set out in this clause 5 (Call Back Option).

  • The representations and warranties in clause 6.8 are taken to be made on the date of the exercise of the Call Back Options and at the time of transfer of the relevant Call Back Option Shares to the Shareholders including as contemplated by clause 6.7.