Common use of Duration of Certain Rights Clause in Contracts

Duration of Certain Rights. (i) No Retained Right with respect to either SPV of the Person(s) holding such Retained Right immediately following the Closing shall expire, terminate or otherwise cease to be effective or applicable prior to the occurrence of the AIA/ALICO Preferred Redemption with respect to both SPVs. Until such time, all Retained Rights shall be exercisable in accordance with the provisions of Section 7.03(b). β€œ

Appears in 7 contracts

Samples: Master Transaction Agreement, Master Transaction Agreement, Master Transaction Agreement

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