Common use of Irrevocable Exercise Clause in Contracts

Irrevocable Exercise. To the extent permitted by applicable Law, the terms of the No-Deal Rights Offering shall provide that the exercise of No-Deal Rights Subscription Privileges by the Company's stockholders is irrevocable.

Appears in 2 contracts

Sources: Master Contribution and Support Agreement (Skyterra Communications Inc), Master Contribution and Support Agreement (Harbinger Capital Partners Master Fund I, Ltd.)