ACTIONS FOLLOWING EXERCISE Sample Clauses
ACTIONS FOLLOWING EXERCISE. 6.1. In the event that the Optionee exercises the Options in accordance with clause 5, the Parties, including each of the Shareholders shall, and the Company shall cause the Shareholders’ Representative to execute the SPA within [***] of receipt of the Exercise Notice by the Company and the Shareholders’ Representative, and consummate the transactions contemplated thereby.
6.2. Without limitation on the foregoing obligation or on any remedies that Optionee may elect to exercise in respect of any breach thereof, each Shareholder hereby constitutes and appoints Optionee, with full power of substitution, as its true and lawful agent and attorney-in-fact, with full power and authority in its name, place and stead, to execute and deliver the SPA, if and only if the Shareholder fails to execute the SPA within the [***] period specified above.
ACTIONS FOLLOWING EXERCISE. Upon payment of the Settlement Price, Sherman Capital, MGIC and Radian shall take all such action as may be necessary under the ▇▇▇▇▇▇▇ Financial LLC Agreement to reflect the transactions consummated pursuant to this Agreement on the books and records of ▇▇▇▇▇▇▇ Financial. At the reasonable request of any other Party hereto and without further consideration, each Party hereto shall execute and deliver such additional documents and take such further action as may be necessary or appropriate under all applicable Laws to consummate and make effective, in the most expeditious manner practicable, the exercise of the Options and the transfer of the Percentage Interests purchased by MGIC and/or Radian hereunder.
ACTIONS FOLLOWING EXERCISE. Upon payment of the Settlement Amount, S▇▇▇▇▇▇ Capital, MGIC and Radian shall take all such action as may be necessary under the S▇▇▇▇▇▇ Financial LLC Agreement to reflect the transactions consummated pursuant to this Agreement on the books and records of S▇▇▇▇▇▇ Financial. At the reasonable request of any other Party hereto and without further consideration, each Party hereto shall execute and deliver such additional documents and take such further action as may be necessary or appropriate under all applicable Laws to consummate and make effective, in the most expeditious manner practicable, the exercise of the Options and the transfer of the Class A Units and Preferred Units purchased by MGIC and/or Radian hereunder.