Common use of INDIVISIBLE TRANSACTION Clause in Contracts

INDIVISIBLE TRANSACTION. This agreement is one of a number of option agreements entered into by SILVERSTAR and the AKANI GROUP and by which the AKANI GROUP seeks to achieve the acquisition of the equity interest in SILVERSTAR. Together, the option agreements represent an indivisible transaction such that SILVERSTAR and/or the AKANI GROUP will not be obliged to act in respect of any option agreement in circumstances where any one option agreement is not valid or cannot be exercised or is not entered into. However, SILVERSTAR and/or the AKANI GROUP may in their absolute discretion decide to exercise any one or more of the options arising from the option agreements without in such case being obliged to exercise any or all of the remaining option agreements.