Common use of Superior Proposal Clause in Contracts

Superior Proposal. Notwithstanding any other provision in this Agreement, if pursuant to the terms of the Arrangement Agreement, Kxxxxx or PMI receives a Superior Proposal and as a result, Kxxxxx or PMI subsequently terminates the Arrangement Agreement in accordance with its terms, then the Lock-up Securityholder shall be entitled to terminate this Agreement in accordance with Section 7.

Appears in 9 contracts

Samples: Lock Up Agreement (Keegan Resources Inc.), Lock Up Agreement (Keegan Resources Inc.), Lock Up Agreement (Keegan Resources Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.