Common use of Revocation of Election Clause in Contracts

Revocation of Election. Any election by the Company or the Institutional Investors (or any of their designees) to purchase Executive Units pursuant to this Section 3 shall be revocable by such Person (with respect to all or any portion of the Executive Units elected to be purchased) at any time prior to the closing of such purchase, without any liability whatsoever to such Person in respect of the rights and obligations in this Section 3.

Appears in 2 contracts

Samples: Grant Agreement (CDW Corp), Common Unit Grant Agreement (CDW Finance Corp)

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Revocation of Election. Any election by the Company or the Institutional Investors (or any of their designees) to purchase Executive Units pursuant to this Section 3 shall be revocable by such Person (with respect to all or any portion of the Executive Units elected to be purchased) at any time prior to the closing of such purchase, without any liability whatsoever to such Person in respect of the rights and obligations in this Section 3; provided, however, that upon a revocation such Person's right to repurchase Executive Units under this Section 3 shall terminate.

Appears in 1 contract

Samples: Grant Agreement (CDW Corp)

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Revocation of Election. Any election by the Company or the Institutional Investors (or any of their designees) to purchase Executive Units pursuant to this Section 3 shall be revocable by such Person (with respect to all or any portion of the Executive Units elected to be purchased) at any time prior to the closing of such purchase, without any liability whatsoever to such Person in respect of the rights and obligations in this Section 3; provided, however, that upon a revocation such Person’s right to repurchase Executive Units under this Section 3 shall terminate.

Appears in 1 contract

Samples: Common Unit Grant Agreement (CDW Finance Corp)

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