Call Option Period definition
Examples of Call Option Period in a sentence
If the SPE Shareholders elect to exercise the Call Option, they shall do so by delivering a written notice (an “Option Notice”) to the Non-SPE Shareholders by no later than the last day of the Call Option Period.
For the avoidance of doubt, if the Bison Parties do not elect to extend the Call Option, there shall be no 2012 Call Option Period.
If “Issuer Call Option” is applicable, the Issuer may, upon delivering a Notice of Redemption within the Issuer Call Option Period, redeem all or part of the Notes at their Call Redemption Amount on the Call Redemption Date specified in such notice.
This Agreement shall automatically be terminated and shall be null and void upon the earliest to occur of (a) the valid termination of the Business Combination Agreement pursuant to its terms; (b) the full exercise of the Call Option pursuant to the terms of this Agreement; or (c) the expiration of the Call Option Period.
In such a case, all rights under the Call Option in respect of that Call Option Period shall lapse and be of no further effect and the Bison Parties shall pay to the Lion Parties (for themselves and as trustees for each other member of the Group) an amount equal to all costs incurred by the Lion Parties and each other member of the Group in connection with the purported exercise of the Call Option in that Call Option Period.