Minnesota Call Agreement between Kelso and Company, LP, Unilab Corporation and Bankers Trust Company

• Category: Corporations - Public
• State: Multi-State
• Control #: US-EG-9198
• Format: Word; Rich Text

Description

Capital Call Agreement between Kelso and Company, LP, Unilab Corporation and Bankers Trust Company dated November 23, 1999. 12 pages A Minnesota Call Agreement is a legally binding contract between Also and Company, LP, Unilab Corporation, and Bankers Trust Company, which outlines specific terms and conditions related to call options in the state of Minnesota. This agreement allows Also and Company, LP to purchase a particular number of shares of Unilab Corporation's stock within a specified time frame at a predetermined price from Bankers Trust Company. This agreement serves as a powerful financial tool that offers flexibility, risk management, and potential profit opportunities for all parties involved. It is crucial to note that there can be different types of Minnesota Call Agreements between Also and Company, LP, Unilab Corporation, and Bankers Trust Company, each with its unique features and purposes: 1. Traditional Minnesota Call Agreement: This type of agreement allows Also and Company, LP to exercise its call option on Unilab Corporation shares that are held by Bankers Trust Company. The exercise can occur at any time during the contract's duration, typically within a specific timeframe. 2. American-style Minnesota Call Agreement: In this variant, Also and Company, LP has the right to exercise the call option anytime before the agreement's expiration date. This provides greater flexibility and strategic advantage, as Also and Company, LP can choose the most opportune time to exercise the call option. 3. European-style Minnesota Call Agreement: In contrast to the American-style agreement, the European-style restricts Also and Company, LP from exercising the call option until the agreement's expiration date. This type of agreement offers a more straightforward structure and reduces potential risks associated with early exercise. 4. In-the-money Minnesota Call Agreement: This agreement type pertains to situations where the strike price of the call option is lower than the current market price of Unilab Corporation's shares. Also and Company, LP can exercise their right to buy the shares from Bankers Trust Company at a favorable price, potentially positioning them for financial gain. 5. Out-of-the-money Minnesota Call Agreement: When the strike price is higher than the market price, the call option is considered out-of-the-money. Also and Company, LP may choose not to exercise the call option, as it would result in purchasing shares at a higher price than the prevailing market value. This type of agreement offers protection against potential losses. These various Minnesota Call Agreement types provide flexibility for Also and Company, LP, allowing them to tailor the contract to their specific financial objectives and market conditions. It is crucial for all parties involved to thoroughly review and understand the terms and conditions of the agreement before entering into such an arrangement.

A Minnesota Call Agreement is a legally binding contract between Also and Company, LP, Unilab Corporation, and Bankers Trust Company, which outlines specific terms and conditions related to call options in the state of Minnesota. This agreement allows Also and Company, LP to purchase a particular number of shares of Unilab Corporation's stock within a specified time frame at a predetermined price from Bankers Trust Company. This agreement serves as a powerful financial tool that offers flexibility, risk management, and potential profit opportunities for all parties involved. It is crucial to note that there can be different types of Minnesota Call Agreements between Also and Company, LP, Unilab Corporation, and Bankers Trust Company, each with its unique features and purposes: 1. Traditional Minnesota Call Agreement: This type of agreement allows Also and Company, LP to exercise its call option on Unilab Corporation shares that are held by Bankers Trust Company. The exercise can occur at any time during the contract's duration, typically within a specific timeframe. 2. American-style Minnesota Call Agreement: In this variant, Also and Company, LP has the right to exercise the call option anytime before the agreement's expiration date. This provides greater flexibility and strategic advantage, as Also and Company, LP can choose the most opportune time to exercise the call option. 3. European-style Minnesota Call Agreement: In contrast to the American-style agreement, the European-style restricts Also and Company, LP from exercising the call option until the agreement's expiration date. This type of agreement offers a more straightforward structure and reduces potential risks associated with early exercise. 4. In-the-money Minnesota Call Agreement: This agreement type pertains to situations where the strike price of the call option is lower than the current market price of Unilab Corporation's shares. Also and Company, LP can exercise their right to buy the shares from Bankers Trust Company at a favorable price, potentially positioning them for financial gain. 5. Out-of-the-money Minnesota Call Agreement: When the strike price is higher than the market price, the call option is considered out-of-the-money. Also and Company, LP may choose not to exercise the call option, as it would result in purchasing shares at a higher price than the prevailing market value. This type of agreement offers protection against potential losses. These various Minnesota Call Agreement types provide flexibility for Also and Company, LP, allowing them to tailor the contract to their specific financial objectives and market conditions. It is crucial for all parties involved to thoroughly review and understand the terms and conditions of the agreement before entering into such an arrangement.