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Put And Call Option Deed
"I need a Put And Call Option Deed for a commercial property development in Manchester, with a strike price of £5.2 million and an exercise period running from March 2025 to December 2025, including specific provisions for planning permission conditions."
1. Parties: Identification and details of all parties to the deed
2. Background/Recitals: Context and purpose of the option arrangement
3. Definitions and Interpretation: Key terms and interpretation rules
4. Grant of Put Option: Terms of the put option, including price and exercise mechanism
5. Grant of Call Option: Terms of the call option, including price and exercise mechanism
6. Exercise Period: Timeframe during which options can be exercised
7. Completion: Process following option exercise
8. Warranties: Standard warranties regarding capacity and authority
1. Security Provisions: Additional provisions for when security is required for option obligations. Used when there are concerns about counterparty performance
2. Tax Provisions: Specific tax treatment agreements and allocations. Used when complex tax implications need addressing
3. Regulatory Compliance: Specific regulatory obligations and compliance requirements. Used when options relate to regulated assets or securities
1. Form of Option Notice: Template notice for exercising options
2. Asset Description: Detailed description of the asset subject to options
3. Price Calculation Mechanism: Formula or mechanism for determination of price if not fixed
4. Completion Requirements: Detailed completion obligations and documentation
Authors
Business Day
Call Option
Call Option Notice
Call Option Period
Completion
Completion Date
Consideration
Deed
Effective Date
Encumbrance
Exercise Date
Exercise Notice
Exercise Period
Exercise Price
Group
Option Assets
Option Period
Parties
Put Option
Put Option Notice
Put Option Period
Related Rights
Sale Agreement
Security Interest
Signing Date
Strike Price
Termination Date
Transaction Documents
Transfer
Valuation Date
Working Day
Grant of Options
Exercise of Options
Option Price
Completion Obligations
Warranties and Representations
Covenants
Conditions Precedent
Security
Confidentiality
Assignment and Transfer
Notices
Force Majeure
Termination
Default
Entire Agreement
Variation
Waiver
Severability
Costs and Expenses
Further Assurance
Governing Law
Jurisdiction
Third Party Rights
Counterparts
Time of Essence
Tax
Indemnities
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