Common use of Exercise of Top-Up Option Clause in Contracts

Exercise of Top-Up Option. (a) Purchaser may exercise the Top-Up Option, in whole but not in part, at any one time after the occurrence of a Top-Up Exercise Event (as defined below) and prior to the occurrence of a Top-Up Termination Event (as defined below).

Appears in 3 contracts

Sources: Stock Option Agreement (Dep Corp), Stock Option Agreement (Dep Corp), Stock Option Agreement (Henkel Acquisition Corp Ii)