Common use of Alternative Transaction Clause in Contracts

Alternative Transaction. If the Offeror concludes after the date of this Agreement that it is necessary or desirable to proceed with an Alternative Transaction in accordance with the provisions of the Support Agreement, then the Seller irrevocably covenants to support the completion of such Alternative Transaction, including, if applicable, by voting the Seller’s Securities in favour of any resolution or resolutions approving such Alternative Transaction; provided that the Company has determined that such Alternative Transaction would not result in a delay or time to completion materially longer than the Contemplated Transactions and is otherwise not materially prejudicial to the Shareholders.

Appears in 14 contracts

Samples: Lock Up Agreement (HudBay Minerals Inc.), Lock Up Agreement (HudBay Minerals Inc.), Lock Up Agreement (HudBay Minerals Inc.)

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