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

State:
Multi-State
Control #:
US-EG-9198
Format:
Word; 
Rich Text
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Description

Capital Call Agreement between Kelso and Company, LP, Unilab Corporation and Bankers Trust Company dated November 23, 1999. 12 pages

The South Carolina Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company is a legal document that outlines the terms and conditions governing the call option agreement between these parties. This agreement defines the rights, obligations, and restrictions pertaining to the purchase or sale of a specific asset, typically stock or securities, at a predetermined price within a specified time frame. The South Carolina Call Agreement serves as a binding contract between Also and Company, LP, Unilab Corporation, and Bankers Trust Company. It details the rules and procedures for executing a call option, allowing the buyer (Also and Company, LP) the right, but not the obligation, to purchase a certain number of shares from the seller (Unilab Corporation) at a predetermined price (strike price) within a specific period. The agreement ensures that both parties adhere to the specified terms, which typically cover important aspects such as exercise price, expiration date, and the number of shares involved. It also outlines the procedures for communication, notification, payment, and settlement of the call option contract. Different types of South Carolina Call Agreements may include variations based on the duration of the option period (short-term or long-term), the underlying asset class (stocks, bonds, commodities, etc.), or specific provisions agreed upon by the involved parties. Examples could include a South Carolina Call Agreement with accelerated vesting provisions, allowing for the early exercise of the option, or a South Carolina Call Agreement with an extension clause that grants the possibility of extending the expiration date under certain circumstances. It is vital for all parties involved to thoroughly understand the terms and conditions outlined in the South Carolina Call Agreement. Legal counsel is often sought to ensure proper drafting and execution, as well as to address any potential disagreements or breaches of the contract. In conclusion, the South Carolina Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company is a comprehensive legal contract that governs the call option arrangement between these parties. It establishes the framework for buying and selling assets within a specified time frame, ensuring compliance and protection of rights for all involved entities.

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