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 provided in Section 8.06(a) hereof.
Examples of Call Right in a sentence
In the event of the exercise by the Corporation of its Call Right, each Public Unitholder will be obligated to sell all the Public Units which are subject to the Call Right held by such Public Unitholder to the Corporation on the Effective Date on payment by, or on behalf of the Corporation, to such Public Unitholder of the Class A Consideration for each such Public Unit.
If the Corporation does not exercise the Call Right in the manner described above, on the Effective Date a Public Unitholder will be entitled to receive in exchange therefor the Cash Consideration otherwise payable by the Partnership in connection with the redemption of the Public Units pursuant to Section 7.4 hereof.
More Definitions of Call Right
Call Right has the meaning set forth in Section 3.05(a).
Call Right has the meaning set forth in Section 4.6(f)(i).
Call Right is defined in Section 4.7(f).
Call Right shall have the meaning set forth in Section 7.5.
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 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.
Call Right means the Call Right described in Section 9 of this Agreement.