Common use of Superior Proposal Clause in Contracts

Superior Proposal. Notwithstanding any other provision in this Agreement, if pursuant to the terms of the Arrangement Agreement, K▇▇▇▇▇ or PMI receives a Superior Proposal and as a result, K▇▇▇▇▇ or PMI subsequently terminates the Arrangement Agreement in accordance with its terms, then the Lock-up Securityholder shall be entitled to terminate this Agreement in accordance with Section 7.

Appears in 9 contracts

Sources: Lock Up Agreement (Keegan Resources Inc.), Lock Up Agreement (Keegan Resources Inc.), Lock Up Agreement (Keegan Resources Inc.)