Additional Understanding. 7.1. Subject to Clause 3.3, the Parties agree that if the Purchaser has not paid any tranche of the Series A CCD Purchase Price on or before the relevant Long Stop Date, this Agreement shall stand terminated on account of breach of the Purchaser. The Parties shall be bound by the terms of the Earlier SPA as amended by the Amendment Agreement.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Elbit Imaging LTD), Securities Purchase Agreement (Elbit Imaging LTD)
Additional Understanding. 7.1. Subject to Clause 3.3, the The Parties agree that if the Purchaser has not paid any tranche of the Series A CCD Purchase Price on or before the relevant Long Stop Date, this Agreement shall stand terminated on account of breach of the Purchaser. The Parties shall be bound by the terms of the Earlier SPA as amended by the Amendment Agreement.
Appears in 2 contracts
Samples: Amendment Agreement, Amendment Agreement (Elbit Imaging LTD)
