Examples of Option Termination Agreement in a sentence
Unless otherwise provided herein, no interest shall be paid or shall accrue on any cash payable upon delivery of any Option Termination Agreement.
On the Closing Date and upon the terms and conditions set forth herein, TCW shall cause Portfolio to execute and deliver to Inland the TCW Option Termination Agreement.
Following the Effective Time, the Paying Agent shall cause the applicable Closing Options Payout Amount to be paid to each holder of a Vested Option which is a Non-Withholding Option for whom Acquiror has received a duly executed Option Termination Agreement.
Payment shall be made (i) in full at Closing to those holders of Options that execute an Option Termination Agreement in the form of Exhibit A-1, or (ii) for those persons identified on Schedule 1.5(d), 75% at closing and the remaining 25% in accordance with such holder's Option Termination Agreement, Retention Agreement or Letter Agreement.
This Option Termination Agreement, together with the Merger Agreement, and the documents referred to therein, contain the entire agreement among the parties with respect to the subject matter hereof and supersede all prior agreements, written or oral, with respect thereto.