Irrevocable Exercise. The exercise by each Exercising Investor of its rights under this Article IV shall be irrevocable except as hereinafter provided, and each such Exercising Investor shall be bound and obligated to acquire the Participation Securities in the Post-Closing Issuance as such Exercising Investor shall have specified in such Exercising Investor’s written commitment on the price, terms and conditions of such Post-Closing Issuance so long as they are Compliant Terms.
Appears in 2 contracts
Sources: Shareholder Agreements (SMART Global Holdings, Inc.), Shareholder Agreements (SMART Global Holdings, Inc.)