Other Consequences. In the event that Marathon revokes Ashland’s Ashland Put Exercise Notice or its Marathon Call Exercise Notice pursuant to Section 9.03(a), each of Marathon and Ashland shall thereafter have the right to exercise their respective Marathon Call Right and Ashland Put Right in accordance with the terms of this Agreement. Any such revocation shall not operate as a release of Ashland from any liability it may have to Marathon for any breach of its obligations under this Agreement and such revocation shall not in any way preclude Marathon from exercising any right or power hereunder or otherwise available to it at law or in equity as a result of any such breach.
Appears in 3 contracts
Sources: Put/Call, Registration Rights and Standstill Agreement (Marathon Oil Corp), Put/Call, Registration Rights and Standstill Agreement (Marathon Oil Corp), Put/Call, Registration Rights and Standstill Agreement (Ashland Inc)
Other Consequences. In the event that Marathon Ashland revokes Ashland’s its Ashland Put Exercise Notice or its Marathon’s Marathon Call Exercise Notice pursuant to clause (v) of Section 9.03(a), each of Ashland and Marathon and Ashland shall thereafter have the right to exercise their respective Ashland Put Right and Marathon Call Right and Ashland Put Right in accordance with the terms of this Agreement. Any such revocation shall not operate as a release of Ashland Marathon or USX from any liability it may have to Marathon Ashland for any breach of its obligations under this Agreement and such revocation shall not in any way preclude Marathon Ashland from exercising any right or power hereunder or otherwise available to it at law or in equity as a result of any such breach.
Appears in 3 contracts
Sources: Put/Call, Registration Rights and Standstill Agreement (Marathon Oil Corp), Put/Call, Registration Rights and Standstill Agreement (Marathon Oil Corp), Put/Call, Registration Rights and Standstill Agreement (Ashland Inc)
Other Consequences. In the event that Marathon Ashland revokes Ashland’s its Ashland Put Exercise Notice or its Marathon's Marathon Call Exercise Notice pursuant to clause (v) of Section 9.03(a), each of Ashland and Marathon and Ashland shall thereafter have the right to exercise their respective Ashland Put Right and Marathon Call Right and Ashland Put Right in accordance with the terms of this Agreement. Any such revocation shall not operate as a release of Ashland Marathon or USX from any liability it may have to Marathon Ashland for any breach of its obligations under this Agreement and such revocation shall not in any way preclude Marathon Ashland from exercising any right or power hereunder or otherwise available to it at law or in equity as a result of any such breach.
Appears in 2 contracts
Sources: Put/Call, Registration Rights and Standstill Agreement (Ashland Inc), Put/Call, Registration Rights and Standstill Agreement (Ashland Inc)
Other Consequences. In the event that Marathon revokes Ashland’s 's Ashland Put Exercise Notice or its Marathon Call Exercise Notice pursuant to Section 9.03(a), each of Marathon and Ashland shall thereafter have the right to exercise their respective Marathon Call Right and Ashland Put Right in accordance with the terms of this Agreement. Any such revocation shall not operate as a release of Ashland from any liability it may have to Marathon for any breach of its obligations under this Agreement and such revocation shall not in any way preclude Marathon from exercising any right or power hereunder or otherwise available to it at law or in equity as a result of any such breach.
Appears in 2 contracts
Sources: Put/Call, Registration Rights and Standstill Agreement (Ashland Inc), Put/Call, Registration Rights and Standstill Agreement (Ashland Inc)
Other Consequences. In the event that Marathon revokes Ashland’s 's ------------------- Ashland Put Exercise Notice or its Marathon Call Exercise Notice pursuant to Section 9.03(a), each of Marathon and Ashland shall thereafter have the right to exercise their respective Marathon Call Right and Ashland Put Right in accordance with the terms of this Agreement. Any such revocation shall not operate as a release of Ashland from any liability it may have to Marathon for any breach of its obligations under this Agreement and such revocation shall not in any way preclude Marathon from exercising any right or power hereunder or otherwise available to it at law or in equity as a result of any such breach.
Appears in 1 contract
Sources: Put/Call, Registration Rights and Standstill Agreement (Usx Corp)
Other Consequences. In the event that Marathon Ashland revokes Ashland’s its ------------------- Ashland Put Exercise Notice or its Marathon's Marathon Call Exercise Notice pursuant to clause (v) of Section 9.03(a), each of Ashland and Marathon and Ashland shall thereafter have the right to exercise their respective Ashland Put Right and Marathon Call Right and Ashland Put Right in accordance with the terms of this Agreement. Any such revocation shall not operate as a release of Ashland Marathon or USX from any liability it may have to Marathon Ashland for any breach of its obligations under this Agreement and such revocation shall not in any way preclude Marathon Ashland from exercising any right or power hereunder or otherwise available to it at law or in equity as a result of any such breach.
Appears in 1 contract
Sources: Put/Call, Registration Rights and Standstill Agreement (Usx Corp)