Call Right definition

Call Right. The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

Call Right. The Class A Call Right and the Class B Call Right.

Call Right has the meaning set forth in Section 4.6(f)(i).

Examples of Call Right in a sentence

• Issuer's Extraordinary Call Right: Upon the occurrence of a Call Event the Issuer may call the Securities extraordinarily by giving notice pursuant to § 6 of the General Conditions and redeem the Securities at their Cancellation Amount.

• In the case of such a call, the Exercise Date, at which the Issuer exercises its Regular Call Right (the "Call Date") is deemed to be the Valuation Date.

• Such notice shall be irrevocable and will specify the relevant Call Date.The Differential Amount will be paid five Banking Days after the Call Date pursuant to the provisions of § 6 of the Special Conditions.(2) Issuer's Extraordinary Call Right: Upon the occurrence of a Call Event the Issuer may call the Securities extraordinarily by giving notice pursuant to § 6 of the General Conditions and redeem the Securities at their Cancellation Amount.

• If any such assignee of the Call Right is unable to exercise such Call Right by reason of the preceding sentence, then the Call Right shall revert to the immediately preceding assignor of such Call Right subject to the rights of any secured party therein.

• Upon surrender of any Certificate in connection with the Call Right, such Certificate shall be paid and redeemed by the holder of the Call Right at the Call Price.

More Definitions of Call Right

Call Right has the meaning set forth in Section 3.05(a).

Call Right means the Call Right described in Section 9 of this Agreement.

Call Right has the meaning provided in Section 8.06(a) hereof.

Call Right is defined in Section 4.7(f).

Call Right. The right, but not the obligation, pursuant to the Warrant Agreement and any related Warrant Certificates (as defined in the Warrant Agreement) of one or more Call Holders to purchase from the Certificateholders on a Call Date some or all of the Certificates for the Call Price.

Call Right has the meaning set forth in Section 8.2.1.

Call Right means according to the context, the option that the Purchaser has to purchase the Seller’s Shares or the shares of the Ultimate Controller upon conversion, subject to the terms and conditions of this Agreement.