New Hampshire 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 New Hampshire Call Agreement is a legal contract between Also and Company, LP, Unilab Corporation, and Bankers Trust Company that outlines the terms and conditions of a financial transaction involving call options in the state of New Hampshire. This agreement governs the rights and obligations of the parties involved, setting forth the detailed framework for the execution and management of call options. The primary purpose of this agreement is to establish a mechanism for Also and Company, LP (the option holder) to purchase or sell a specific financial instrument, such as stocks or securities, from or to Unilab Corporation (the option writer), at a predetermined price (strike price) within a specified timeframe (expiration date). This New Hampshire Call Agreement encompasses various types of call options designed to meet different investment objectives and risk appetites. These may include: 1. Traditional Call Options: This type of call option allows Also and Company, LP to buy the underlying asset (e.g., shares of Unilab Corporation) from Unilab Corporation during a specified period at a predetermined price, which is higher than the market price at the time of the agreement. 2. Covered Call Options: Under this arrangement, Also and Company, LP holds a long position in the underlying asset while simultaneously writing call options on the same asset. This strategy allows the option holder to generate additional income from the premiums received, while still participating in potential appreciation of the asset. 3. LEAPS (Long-Term Equity Anticipation Securities): These call options have longer expiration dates, typically spanning over a year. They provide Also and Company, LP with the right, but not the obligation, to purchase the underlying asset at a specified price within the extended timeframe. 4. Naked Call Options: This involves writing call options without owning the underlying asset. Should the option be exercised, Also and Company, LP must acquire the asset at market price to fulfill its obligation. The New Hampshire Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company ensures that all parties adhere to the terms, protecting their respective rights and obligations. It includes provisions covering the exercise and assignment of options, payment terms, default and termination clauses, confidentiality obligations, and dispute resolution mechanisms. Bankers Trust Company, as an intermediary, may provide custodial or brokerage services to facilitate the execution of options contracts and ensure compliance with regulatory requirements. It is important to note that the specific terms and provisions of the New Hampshire Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company may vary depending on the prevailing market conditions, the nature of the underlying asset, and the investment objectives of the parties involved. Professional legal counsel should be sought to ensure the accuracy and suitability of the agreement for the specific circumstances.

New Hampshire Call Agreement is a legal contract between Also and Company, LP, Unilab Corporation, and Bankers Trust Company that outlines the terms and conditions of a financial transaction involving call options in the state of New Hampshire. This agreement governs the rights and obligations of the parties involved, setting forth the detailed framework for the execution and management of call options. The primary purpose of this agreement is to establish a mechanism for Also and Company, LP (the option holder) to purchase or sell a specific financial instrument, such as stocks or securities, from or to Unilab Corporation (the option writer), at a predetermined price (strike price) within a specified timeframe (expiration date). This New Hampshire Call Agreement encompasses various types of call options designed to meet different investment objectives and risk appetites. These may include: 1. Traditional Call Options: This type of call option allows Also and Company, LP to buy the underlying asset (e.g., shares of Unilab Corporation) from Unilab Corporation during a specified period at a predetermined price, which is higher than the market price at the time of the agreement. 2. Covered Call Options: Under this arrangement, Also and Company, LP holds a long position in the underlying asset while simultaneously writing call options on the same asset. This strategy allows the option holder to generate additional income from the premiums received, while still participating in potential appreciation of the asset. 3. LEAPS (Long-Term Equity Anticipation Securities): These call options have longer expiration dates, typically spanning over a year. They provide Also and Company, LP with the right, but not the obligation, to purchase the underlying asset at a specified price within the extended timeframe. 4. Naked Call Options: This involves writing call options without owning the underlying asset. Should the option be exercised, Also and Company, LP must acquire the asset at market price to fulfill its obligation. The New Hampshire Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company ensures that all parties adhere to the terms, protecting their respective rights and obligations. It includes provisions covering the exercise and assignment of options, payment terms, default and termination clauses, confidentiality obligations, and dispute resolution mechanisms. Bankers Trust Company, as an intermediary, may provide custodial or brokerage services to facilitate the execution of options contracts and ensure compliance with regulatory requirements. It is important to note that the specific terms and provisions of the New Hampshire Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company may vary depending on the prevailing market conditions, the nature of the underlying asset, and the investment objectives of the parties involved. Professional legal counsel should be sought to ensure the accuracy and suitability of the agreement for the specific circumstances.