Common use of Exercise of First Option Clause in Contracts

Exercise of First Option. The parties hereto agree and acknowledge that the decision to exercise the First Option shall be made by SA Wireless. If SA Wireless wishes to exercise the First Option, it shall notify the other Shareholders and the Company, and each Shareholder shall cause the Company to exercise the First Option in accordance with the provisions of Clauses 9(a) to (d)

Appears in 2 contracts

Sources: Shareholders Agreement (International Wireless Communications Holdings Inc), Shareholders' Agreement (International Wireless Communications Holdings Inc)