Termination of Transaction Documents. The Purchasers hereby agree and acknowledge that by virtue of and conditioned upon the consummation of the Mergers (and payment of the Senior Note and Warrant Consideration), as of the Effective Time, the Purchase Agreement and the Ancillary Agreements shall be automatically terminated and shall be of no further force or effect, and the Purchasers authorize CSI, Newco or any of its respective representatives to file (at the expense of CSI or Newco) any documents necessary to effect such termination.
Appears in 4 contracts
Samples: Senior Note and Warrant Conversion Agreement (Cardiac Science Inc), Senior Note and Warrant Conversion Agreement (Pearl Frank H), Senior Note and Warrant Conversion Agreement (CSQ Holding CO)
