Common use of At Option Completion Clause in Contracts

At Option Completion. 4.2.1 Marconi shall deliver to RTS a transfer or transfers in respect of the Option Securities duly completed in favour of RTS (or as it may direct) together with the certificate(s) for the Option Securities; and 4.2.2 following delivery of the documents referred to in paragraph 4.2.1, RTS shall pay the Option Consideration to Marconi (or to such other person as Marconi may direct).

Appears in 2 contracts

Sources: Settlement Deed (Marconi Corp PLC), Settlement Deed (Marconi PLC)