Examples of Option Parties in a sentence
Except for the specific representations and warranties contained in this Section 2 and in any certificate or agreement delivered pursuant hereto, none of the Option Holder nor any person acting on behalf of the Option Holder nor any of the Option Holder’s affiliates (the “Option Parties”) has made, makes or shall be deemed to make any other express or implied representation or warranty with respect to the Option Holder and this offering, and the Option Parties disclaim any such representation or warranty.
It is understood that, except as provided in Section 9, the Company shall have no obligation under this Agreement to pay any of the Buyers’ costs and expenses, including fees and disbursements of their counsel, or any issue, transfer or other stamp taxes payable on resale of any of the Securities by the Buyers; provided, that the Company shall be required to pay certain expenses and fees to the Put Option Parties and their counsel pursuant to the Expense Agreement and the Purchaser Letter.
The Seller and the Company further agree to promptly enter into additional Registration Rights Agreements, in substantially the same form as this Agreement, in connection with any separate Option Financing obtained by the Option Parties (in the event that the Option Parties exercise the Option on more than one occasion in accordance with the terms of the Option Agreements).
This Agreement and the obligations of the Company, the Seller, the Option Parties and the Holders hereunder (other than Section 7 hereof and other than pursuant to the following sentence) shall terminate on the earlier of the first date on which (i) no Registrable Shares remain outstanding, and (ii) all amounts due under all Option Financing Facilities have been repaid.
Except for the specific representations and warranties expressly made by the Option Holders in Section 2 of this Agreement and in any certificate or agreement delivered pursuant hereto, the Company Parties specifically disclaim that they are relying upon any other representations or warranties that may have been made by the Option Parties.
Each Buyer agrees that upon the Company’s acceptance of such Buyer’s Subscription Certificate following the Subscription Offer Termination Date, such Buyer (including the Put Option Parties) shall automatically become a party to this Agreement and thereafter be bound by the terms and conditions of hereof.
The Purchase Option Parties shall have the exclusive right, but not the obligation, to exercise this option at any time during the first five (5) years of the Term.
The Seller and the Company hereby acknowledge and agree that in connection with any Option Financing, the Option Collateral Agent and Option Administrative Agent under the Option Financing Facility shall have the right to become parties to this Agreement (in their respective capacities) upon execution and delivery by such Option Collateral Agent and Option Administrative Agent to each of the Company, Seller and the Option Parties of the Joinder Agreement attached hereto in the form of Exhibit B.
The Company shall prepare an Offering Memorandum in a form approved by the Put Option Parties (such approval not to be unreasonably withheld) and shall not make any amendment or supplement to the Offering Memorandum which shall reasonably be disapproved by the Put Option Parties.
Except for the specific representations and warranties expressly made by the Company in Section 3 of this Agreement and in any certificate or agreement delivered pursuant hereto, the Option Parties specifically disclaim that they are relying upon any other representations or warranties that may have been made by the Company, any person on behalf of the Company or any of the Company’s affiliates (collectively, the “Company Parties”).