Common use of Consequences of an Optional Early Termination Clause in Contracts

Consequences of an Optional Early Termination. In consideration of the termination of the Transaction, Party A shall deliver to Party B a number of Shares equal to the Number of Shares on the Settlement Date; provided that such delivery shall be deemed satisfied upon delivery of the Number of Shares to Party B on the Effective Date in accordance with Section 6(a) below. Upon the Termination Date, the Transaction shall be terminated and neither party shall have any further obligation to the other party in respect thereof.

Consequences of an Optional Early Termination. In consideration of the termination of the Transaction, Party A shall deliver to Party B on the Settlement Date a number of Shares equal to the Number of Shares on the Settlement DateShares; provided that such delivery shall be deemed satisfied upon delivery of the Number of Shares to Party B on the Effective Date in accordance with Section 6(a) below. Upon the Termination Date, the Transaction shall be terminated and neither party shall have any further obligation to the other party in respect thereof.