Examples of Call Option Letter in a sentence
On the closing date of the sale, the Company shall pay $10 to Arabica plus the other amounts required to be paid pursuant to the Call Option Letter.
If the Company exercises the Call Option under this Section 29(a), Arabica undertakes to sell the Assets to the Company at such price and on the terms and conditions provided herein and in the Call Option Letter.
The Company shall notify Arabica of its exercise of the Call Option not less than thirty (30) days prior to the Rent Payment Date on which the purchase is to be effected, any such notice to be irrevocable and to be provided in accordance with the terms of the Call Option Letter.
In fulfilling any of its obligations or exercising any of its rights under this Agreement, the Supplemental Agreement, the Put Option Letter, the Call Option Letter or any agreement entered into in connection herewith, Arabica may designate and utilize an agent, nominee or representative, which shall, unless otherwise indicated by Arabica, have right and authority to act on behalf of Arabica.
Arabica and the Company agree to cooperate in good faith and to execute and deliver such documents and further assurances consistent with and in clarification of the characterization and intent of the parties with respect to this Agreement, the Supplemental Agreement, the Put Option Letter and the Call Option Letter.
In relation to a Property, the Master Lease, the Put Option Letter, the Call Option Letter, the Supplemental Agreement and the Tax Matters Agreement for such Property.
If you are in agreement with the terms of this Call Option Letter, please so indicate by signing this Call Option Letter in the space indicated below.
Arabica and the Company agree that, for all income tax purposes only, the Acquisition Cost to be paid by the Company (whether under Section 1 of Schedule 6(a) to the Amended Lease, pursuant to the Amended Put Option Letter, pursuant to the Amended Call Option Letter, or otherwise) constitutes a payment of principal and the Rental Rate to be paid by the Company (whether under Section 1 of Schedule 6(a) to the Amended Lease, Section 6 of the Amended Lease, or otherwise) constitutes a payment of interest.
The obligation of the Company to pay Rent, Supplemental Payments and all other amounts payable under the Agreement, this Schedule 6(a), the Put Option Letter and the Call Option Letter shall be full recourse obligations of the Company.
The term for the lease and purchase financing of the Leased Assets hereunder (the “Term”) shall commence on the Effective Date and, unless sooner terminated in accordance with this Agreement, the Call Option Letter or the Put Option Letter, shall end on the Final Rent Payment Date.