Direct Liquidity Right Manco 2 Sample Clauses

Direct Liquidity Right Manco 2. 11.2.1 If, in connection with Manco 2, the legal representative of Manco 2 notifies to the Sellers’ Representatives and the Purchaser the exercise of the Direct Liquidity Right Manco 2, the Purchaser undertakes to negotiate in good faith and enter as soon as possible into the Manco 2 Share Purchase Agreement simultaneously with the Manco 2 Shareholders in order to acquire all of the Manco 2 Shares representing at least 100% of the share capital and voting rights of Manco 2 instead of the Securities held by Manco 2. 11.2.2 Upon completion of the transfer contemplated in the Manco 2 Share Purchase Agreement, Manco 2 shall be released from all its obligations, and shall lose all rights granted to it, pursuant to this Agreement. 11.2.3 Failing Manco 2 Shareholders holding 100% of the share capital and voting rights of Manco 2 having executed or adhered to the Manco 2 Shares Purchase Agreement at the latest fifteen (15) Business Days before the Closing Date, the Direct Liquidity Right Manco 2 shall be deemed to have been irrevocably waived by Manco 2 Shareholders and Manco 2 shall remain bound by its obligations under this Agreement.