Call Option Terms definition
Examples of Call Option Terms in a sentence
Each Grantor shall not unreasonably oppose (a) the granting of an injunction or specific performance as provided herein on the basis that Neptune has an adequate remedy at law or that an award of specific performance is not an appropriate remedy for any reason at law or equity or (b) the specific performance of the terms and provisions of these Call Option Terms.
In the event of any conflict or inconsistency between the terms of this Agreement (other than the Call Option Terms) and the Call Option Terms, the Call Option Terms shall govern and control.
Any Shares Transferred pursuant to this Section 4 shall remain subject to the Transfer restrictions of this Agreement, including the Call Option Terms, and each purchaser of Shares who is not a party to this Agreement shall execute and deliver to the Company a Joinder Agreement in substantially the form attached hereto as Appendix A and shall take such other actions and execute such other documents as the Company reasonably requests.
Each Grantor agrees and acknowledges that irreparable damage could occur to Neptune in the event that any of the provisions of these Call Option Terms were not performed by that Grantor in accordance with their specific terms or were otherwise breached and that Neptune would not have an adequate remedy at law.
Neptune and Grantors may amend or waive these Call Option Terms only in accordance with Section 23 of the Agreement.
For clarification, these Call Option Terms shall be governed by all other terms of the Agreement, including, without limitation, as related to jurisdiction, governing law, construction, etc.
Neptune or any Grantor giving or making any notice, request, consent, approval, claim, waiver, demand, or other communication under these Call Option Terms shall give such notice in writing in accordance with Section 21 of the Agreement.
Neptune and each Grantor shall use their commercially reasonable efforts to execute and deliver, or cause to be executed and delivered, all additional documents, instruments, conveyances, and assurances and take, or cause to be taken, all further actions as may be reasonably required to consummate and make effective the transactions contemplated by these Call Option Terms.
Accordingly, ▇▇▇▇▇▇▇ is entitled to seek an injunction or injunctions to prevent breaches of these Call Option Terms and to enforce specifically the terms and provisions of these Call Option Terms, including any Grantor's obligation to the close the transactions contemplated by these Call Option Terms in accordance with these Call Option Terms, in addition to any other remedy that Neptune may have at law or in equity.
Upon Neptune’s exercise of the Call Option with respect to all Shares of the Grantors, each Grantor shall sell, assign, and transfer to Neptune all of that ▇▇▇▇▇▇▇’s right, title, and interest in and to the Shares owned by that Grantor in accordance with the provisions of these Call Option Terms.