Actions Following Exercise of the Additional Purchase Right. Subject to Section 2.6, immediately following the Investors’ exercise of the Additional Purchase Right, in whole or in part, each of the parties to this Agreement shall take all actions necessary or desirable to consummate the purchase, sale and issuance of the Additional Preferred Shares covered by the Additional Purchase Notice and the other transactions contemplated hereby within three (3) Business Days following delivery of the Additional Purchase Notice or, if later, by the date specified by the Investors in the Additional Purchase Notice.
Appears in 2 contracts
Sources: Loan and Security Agreement (Image Entertainment Inc), Securities Purchase Agreement (Image Entertainment Inc)