Effect of Election. If Agfa gives a ROFR Acceptance in response to any Notice, Agfa shall be irrevocably obligated to purchase, and, subject to Article III, OIS shall be irrevocably obligated to issue and sell to Agfa, the Offered Securities, at the aggregate purchase price and on the other terms, set forth in the Notice, except as provided herein.
Appears in 3 contracts
Sources: Merger Agreement (Ophthalmic Imaging Systems), Right of First Refusal and Preemptive Rights Agreement (Ophthalmic Imaging Systems), Merger Agreement (Ophthalmic Imaging Systems)