Common use of Optional Early Termination Clause in Contracts

Optional Early Termination. CSN OVERSEAS has the rigtht to Early Terminate this Transaction, in whole or in part, provided that CSN OVERSEAS shall issue an Early Termination Notice addressed to POBT. CSN OVERSEAS hereby acknowledges that any such Early Termination may materially adverse affect the Final Price for the Shares due to market conditions and the number of Shares requested throught an Early Termination Notice, being agreed that the Calculation Agent will determine the Final Price. In case of a partial Early Termination the parties agree to sign an amendment in order to make the proper ajustments to this transaction and reflect therefrom such Early Termination. Early Termination Settlement Amount: The amount agreed between the parties.

Appears in 5 contracts

Samples: Letter Agreement (National Steel Co), Letter Agreement (National Steel Co), Letter Agreement (National Steel Co)

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