The Tennessee Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company is a legally binding document that outlines the terms and conditions regarding the purchase and sale of investment securities. This agreement is specific to the state of Tennessee and involves three parties: Also and Company, LP (the purchaser), Unilab Corporation (the seller), and Bankers Trust Company (the escrow agent or intermediary). The primary purpose of this agreement is to establish a framework for the exercise of a "call option" by the purchaser. A call option gives the purchaser the right, but not the obligation, to buy a specified quantity of a security at a predetermined price within a certain time period. Within the context of the Tennessee Call Agreement, Also and Company, LP intends to exercise their call option to acquire a specific number of investment securities from Unilab Corporation. The agreement outlines the terms of this acquisition, including the price, quantity, and timing of the transaction. Bankers Trust Company, acting as the escrow agent, holds the investment securities during the transaction process. They ensure that all parties involved comply with the terms of the agreement. Once all conditions are met, Bankers Trust Company facilitates the transfer of the securities from Unilab Corporation to Also and Company, LP. It's important to note that there may be different variations or types of Tennessee Call Agreements between these parties, depending on the specific details of the transaction. These variations can include different pricing models, varying quantities of securities, or alternative conditions that must be met before the call option can be exercised. Overall, the Tennessee Call Agreement between Also and Company, LP, Unilab Corporation, and Bankers Trust Company serves as a legally binding contract that establishes the rights and responsibilities of each party involved in the purchase and sale of investment securities.
Tennessee Call Agreement between Kelso and Company, LP, Unilab Corporation and Bankers Trust Company
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