No Obligation to Net Cash Settle. Notwithstanding anything to the contrary contained in this Purchase Option, in no event shall the Company be liable for, or any registered Holder of this Purchase Option be entitled to receive, (a) any net-cash settlement or other consideration in lieu of physical settlement in securities or (b) physical settlement in securities unless the conditions and requirements set forth in Sections 7.2, 7.3 and 7.4 have been satisfied.
Appears in 2 contracts
Sources: Purchase Option Agreement (Symmetry Holdings Inc), Purchase Option Agreement (Symmetry Holdings Inc)