Common use of Subject to Transaction Clause in Contracts

Subject to Transaction. You shall be eligible to receive the Special Closing Payment and the Contingent Additional Payment only if the Closing occurs. If the Closing does not occur, this letter shall be null and void ab initio, and shall have no legal force or effect. For the avoidance of doubt, the Special Closing Payment and the Contingent Additional Payment, if any, are payable only in respect of the Transaction as contemplated by the Purchase Agreement, and shall not apply to any other transaction with Buyer or any other person or entity.

Appears in 5 contracts

Samples: Purchase Agreement (Duane Reade Holdings Inc), Duane Reade Holdings Inc, Duane Reade Holdings Inc

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