TCC Spinco definition
Examples of TCC Spinco in a sentence
Notwithstanding the foregoing, if all the conditions to the completion of the Amalgamation Agreement have been satisfied by TCC Spinco and the Optionee prior to the Expiry Date, then the Optionee must forthwith, and in any event prior to the completion of the amalgamation of the Optionee and Newco contemplated by the Amalgamation Agreement, exercise the Option and pay the Exercise Price to the Optionor (the “Acceleration Provision”).
No Party may assign this Agreement or any rights or obligations hereunder without the prior written consent of all of the parties, provided however that the Optionee may assign certain of its rights and obligations to TCC Spinco without prior written consent of any of the parties.