Call Option Consideration definition
Examples of Call Option Consideration in a sentence
The Call Option Consideration is a distinct consideration for the grant of the Call Option and, therefore, shall not be creditable toward the Exercise Price.
The Call Option Consideration shall be payable on the Effective Date.
Subject to the terms hereof, upon valid and timely exercise of the Put Option or the Call Option as provided below, the Seller hereby agrees to sell and transfer the Option Shares in the Company to the Buyer and the Buyer agrees to purchase the Option Shares for the Put Option Consideration or Call Option Consideration, as applicable (the applicable consideration being referred to herein as the “Option Consideration”).
The Call Option Consideration shall be recalculated as provided in Section 2.2 based on the Supplemental TVN Valuation Report using the audited amounts for TVN's EBITDA for 2003, with all other amounts included in the TVN Valuation Report or subsequently agreed or set out in the Final Determination remaining unchanged (such recalculated amount, the "Adjusted Call Option Consideration").
ITI's calculation of the Adjusted Call Option Consideration shall be (i) subject to the same dispute resolution procedures set out in Section 2.4 above if SBS objects to any element of the report and (ii) based on the applicable exchange rates used for the calculation of the TVN Valuation Report; provided, that, TVN's EBITDA for 2003 shall be calculated using month-end exchange rates in the manner proscribed under IAS.
Each of the Company Shareholders hereby ------------------ irrevocably offers to Parent (each a "Call Option Offer" and together the "Call Option Offers") to sell and transfer to Parent for an aggregate consideration in the amount of the Call Option Consideration (as defined below) all Exchangables Shares which such Company Shareholder holds on the date on which the Call Option Offer made by such Company Shareholder is accepted.
The Call Option Consideration was determined based on arm’s length negotiations and arrived at on a willing buyer willing seller basis, after taking into account, inter alia, the future potential and contributions of the PAPPL business to PCPL.
Pursuant to the Supplemental and Amendment Agreement, Shanghai Younger and Ningbo Hongyi shall each transfer its 14.5% equity interest in the Project Company to Sunshine 100 Group or another subsidiary within the Group designated by Sunshine 100 Group within three Business Days upon receipt of the Call Option Consideration from Sunshine 100 Group and the corresponding amount of Shareholders’ Loan from the Project Company, which is payable before 29 February 2020.
SBS hereby grants to ITI an irrevocable option (the "Call Option") to acquire directly or indirectly all, and not less than all, of the Call Option Shares, subject to the terms and conditions contained herein, in exchange for the Call Option Consideration calculated pursuant to Section 2.2 below.
In consideration for the Funds’ obligations under this Letter Agreement, you hereby grant the Funds, on the terms set forth herein, the right to purchase the Call Option Shares from you, at the Option Closing, for the Call Option Consideration (the “Call Option”).